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WITHOUT A DOUBT The stimulus package is too big.

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denem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 05:32 PM
Original message
WITHOUT A DOUBT The stimulus package is too big.
Edited on Thu Feb-05-09 05:49 PM by denem
Here's two things we know:

1. The GOP is basically united on (i) The package is too big; and (ii) contains too much spending.
2. Obama's team is getting daily informaqtion that economy is in worse shape than previously feared.

The politics is who is going to bear the blame for the economic disaster. The GOP is heir to lions share, but as Carville put it, if he's drowning, throw that man an anvil. Republicans have no doubt: Too big, too much spending. This is their Herbert Hoover moment. The grimmer things become, the greater the updside of Obama not carrying the can. The more poeple staring down the barrel at unemployment (or already there) the more Hooveresque the GOP. Its grim calculus, but inexorable.
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RC Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 05:42 PM
Response to Original message
1. How many trillion is too much when the repugs are in charge?
I'm sure they had not reach their limit when we swamped out their election fraud last November
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Ian David Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 05:52 PM
Response to Original message
2. Repukes can't handle the size of Obama's package. n/t
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chollybocker Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 07:04 PM
Response to Reply #2
6. It's not the SIZE that matters; it's what you DO with it.
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Life Long Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 05:59 PM
Response to Original message
3. Yeah it has everything we want in it now.
can't win! :banghead:
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customerserviceguy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 06:43 PM
Response to Original message
4. There is one thing it could use
that frankly, it was Repukes who suggested a week or so ago. We need to exempt unemployment comp from taxation. If we actually went retroactive back to January, 2008, we'd flood the hardest hit areas with tax refunds that are virtually guaranteed to be spent immediately.
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Caretha Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 06:58 PM
Response to Original message
5. Good analogy n/t
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Optical.Catalyst Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 07:10 PM
Response to Original message
7. What the economy needs is to get money flowing as quickly as possible
Cash needs to be changing hands right now. If anything, the stimulus package is too small, not too big.

Mean while, the Republicans are delaying this very much needed legislation for purely political reasons.

The Democrats in the House and the Senate need to stand together, crush the Republicans, and start passing our bills as soon as possible.
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oviedodem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 07:22 PM
Response to Original message
8. There are some conservative economists that say it is not big enough.
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