Friday, January 30, 2009

Jim Cooper on the Stimulus

Jim and ten of his fellow Blue Dogs voted against the stimulus. Where were the other 40?
Unfortunately, some longtime House members saw the recovery plan as an opportunity to advance parochial political agendas. Some of these may have been good ideas, some may have been bad ideas-but we didn't get a chance to discuss them, and they weren't designed to help our economy recover in the short term. (Many of them contained new, long-term commitments.) President Obama delivered a bipartisan, win-win proposal, and Congress turned it into the rare lose-lose: a plan that may fail to stimulate the economy while saddling our children and grandchildren with unprecedented debt.
UDPATE: "Never let a good crisis go to waste," Obama's chief of staff on stuffing the stimulus like a turkey.
Some $30 billion, or less than 5% of the spending in the bill, is for fixing bridges or other highway projects. There's another $40 billion for broadband and electric grid development, airports and clean water projects that are arguably worthwhile priorities.

1 comment:

  1. You should highlight Jim Cooper voted "No". The statement left it a little ambiguous.