The White House is proposing a new stimulus package this week - a quaint $50 billion! Remember, we haven't had a new stimulus package since they passed the $26 billion dollar package a couple of weeks ago!
With Republicans saying spending is out of control and polls showing many people want to end Democrats' control of Congress, even many Democratic lawmakers are reluctant to approve new spending so close to Election Day.
Wait a sec - what was that the Washington Post just said - "With Republicans saying spending is out of control and polls showing many people want to end Democrats' control of Congress, even many Democratic lawmakers are reluctant to approve new spending so close to Election Day." That's right.
So why would the liberal government propose a new stimulus package that will outrage independent voters and that Democrats in congress will oppose? Here's how the Associated Press describes the proposal.
The infrastructure investments are one part of a package of targeted proposals the White House is expected to announce in hopes of jump-starting the economy ahead of the November election. Obama will outline the infrastructure proposal Monday at a Labor Day event in Milwaukee.
Jump starting the economy ahead of the November elections? That thought is so dumb - that a new stimulus might pass congress and be spent in time to turn the economy around by November 2 when the current, 15 month old stimulus of $800 billion still hasn't been spent - that it could only have been fed to the media by the White House.
Officials said the White House would consider closing a number of special tax breaks for oil and gas companies to pay for the proposal.
They want to stimulate the economy by raising the cost of products like gasoline, natural gas and home heating oil? Great idea.
Wary of the public's concern over rising deficits, the administration insists a second stimulus plan, similar to last year's $814 billion bill, is not in the works.
Then what, pray tell, is this $50 billion idea? It strikes me as a ruse - a proposal that is designed for the GOP to oppose so Obama can blame them for the failure of the recovery. Seems destined to fail as a tactic, but, then again, the Democrats are desperate, so they're throwing junk.