Friday, February 6, 2009

Act Now and Act Big on the stimulus

As I write this, the numbers for Jan unemployment is just coming in and seems worse than most estimates. President Obama must call the GOP's bluff on this issue. No more bipartisanship nonsense. Let them filibuster if they want. To hell with Bill Nelson as well. I think that if Reid pushes a final vote a couple of Republicans will vote for it (the maine senators unlike GOP house members represent a moderate electorate). And make it big.

The tradeoff: it doesnt work, but heck it will not be noticed, when people dont see job cuts. And GOP credibility will be eroded either way. Inflation is a worry for a later time. So is pork, transparency, bigger govt. and bipartisanship. Uncertainty is there, and this bill may fail in its efforts. But all alternatives are worse. A recovery in late 2010 should save the dems from big losses in the house. Go for it. Whats the reason for a delay?

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