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Wednesday, February 11, 2009
Donald Lambro :: Townhall.com Columnist
Obama: Still Not Ready for Prime Time
by Donald Lambro
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WASHINGTON -- President Barack Obama seems unwilling to acknowledge that reasonable and principled people oppose his stimulus bill because they believe another approach will yield significantly better results. Throughout his Monday-night news conference, the first of his presidency, he falsely characterized the plan's Republican opponents as people who preferred to "do nothing versus do something."

Now there may be a few GOP members of Congress who fit that description, though they are a tiny number, but anyone following the very loud and heated debate in Congress knows that the loyal opposition has a full-blown plan of its own, heavily weighted on tax cuts.

They certainly have acknowledged that we are in a serious recession and they, like Obama, think the government has to take action to get this economy growing again. But he was unwilling to grant Republicans due recognition that they just have honest policy differences.

Now he may disagree with what the Republicans are proposing, but don't tell us that they are not proposing anything or suggest that they do not recognize the seriousness of the economy's troubles. It is disrespectful and suggests he is unwilling to engage them in the kind of dialogue he has said many times that he welcomes.

There were several other things Obama said in his news conference -- in which he gave an exhaustive defense of his economic-recovery plan -- that just were not true. Others were just preposterous understatements, such as his remark that the actions Iran has taken in recent years were "unhelpful."

This is an evil regime that was providing terrorists in Iraq with roadside bombs that killed many of our troops. Surely such behavior cries out for a stronger description than "unhelpful."

Several of his observations about the economy especially struck me as over the top.

The first: His belief that there is nearly unanimous agreement among economists that his $825 billion plus spending plan is the only way to get our economy moving again. There are many economists who question the efficacy of a massive public-works spending plan because it has failed whenever it has been tried. The Cato Institute has been running full-page newspaper ads that list close to a hundred top college and university economists who say his plan will not work.

Economists in many prestigious think tanks such as the Hoover Institution, the American Enterprise Institute and the Heritage Foundation have published many studies pointing out its flaws.

The nonpartisan Congressional Budget Office is critical of it, too. One CBO study showed only a fraction of the stimulus money would be spent by the end of this year, and perhaps only half by 2010 when it is quite likely the recession will be over. Jason Furman, Obama's campaign economist, said last year that infrastructure spending was one of the "less effective" stimulus plans. Continued...

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About The Author

Donald Lambro is chief political correspondent for The Washington Times.

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Gene
Oh he did want Republicans....at least one! Bonus...he got three. Now he can say when it fails,and it WILL fail,"it was bipartisan. Don't blame me. They were for it ,too."

They are still blaming Bush,and he is should be blamed for the TARP tripe,which started it,but Dear Leader will not be able to blame the Republican Party for this latest fascist plunge.

Don't Worry
The Sail Eared Simpleton and his Obamatard Acolytes are riding for a fall. It WILL happen SOON!
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