NYT editorial: Truth and Fiction on the Stimulus Bill

It was a pleasure to see President Obama come out swinging this week and win a round in the long-running fight with Republicans over the $787 billion stimulus bill.

On Wednesday, the first anniversary of the signing of the package into law, Mr. Obama and other administration officials detailed the success of the stimulus while Republicans kept trying to label it a failure. Democrats did not shy from pointing out that many Republicans who voted against the stimulus then lobbied to get some of the money for their districts.

(The Wall Street Journal assembled a particularly telling hall of shame by using the Freedom of Information Act to obtain letters written by more than a dozen Republican lawmakers to various government agencies, asking that stimulus money be awarded for job-creating projects in their districts.)

There is virtually no dispute among economists that the stimulus prevented a bad recession from becoming much worse. Among other things, it has preserved or created 1.6 million to 1.8 million jobs, according to various private sector analyses, and it is expected, ultimately, to add a total of roughly 2.5 million jobs.

(More here.) This is the Wall Street Journal article referred to in the editorial above:)

Democrats Target Stimulus Critics Who Sought Funds

Some Republicans Who Slammed $787 Billion Program Also Sought Funds for Projects in Their Districts, Letters Show

By LOUISE RADNOFSKY

WASHINGTON—Democrats, stung by criticism of their $787 billion economic-stimulus plan, are targeting Republicans who have attacked the program and then lobbied to get money for their districts.

More than a dozen Republican lawmakers supported stimulus-funding requests submitted to the Department of Labor, the Environmental Protection Agency and the Forest Service, in letters obtained by The Wall Street Journal through the Freedom of Information Act.

The stimulus package passed last February with no Republican votes in the House of Representatives. In the Senate, just three Republicans supported it: Olympia Snowe and Susan Collins of Maine and Arlen Specter of Pennsylvania, who later switched to the Democratic Party.

Lawmakers routinely send letters in support of federal funding for projects in their constituencies; some Republican lawmakers have deliberately avoided sending requests for stimulus dollars because of their opposition to the bill.

(Continued here. The letters that the GOP lawmakers wrote are here.)
You have read this article with the title NYT editorial: Truth and Fiction on the Stimulus Bill. You can bookmark this page URL http://ogbcommunity.blogspot.com/2010/02/nyt-editorial-truth-and-fiction-on.html. Thanks!

No comment for "NYT editorial: Truth and Fiction on the Stimulus Bill"

Post a Comment

Labels

1956 Suez War 1973 War 1st Amendment About the Blog Abraham Abu Dhabi Afghanistan agriculture Ahmadinejad Ahmed Mansour airlines Al-Jazeera Al-Qa‘ida Algeria Alzheimer’s AmeriCorps ancient history Anwar Sadat ANZACs appliance rebate April 15 AQAP Arab League Arab newspapers Arab World Arab-Americans Arab-Israeli Issues Arabic language archaeology Asads Ashraf Marwan atrazine Ausrtralia Ayman Nour back pain Bahrain bailouts bank assets to GDP bank capital bank guarantees bank nationalisation Barack Obama being a patient Berbers bethlehem bias billionaires biodiversity Biography birther blahs Blankfein blog action day blogs and blogging books BP brain cancer brain injury brainless bratwurst breast cancer breast cancer Britain Buckley v. Valeo Budget 2009 bully business Cairo camels cancer cancer bonds cancer cause cancer cure cancer detection cancer diagnosis cancer research cancer risk cancer treatment Capital Flows carbon footprint care giving Catholic Church censorship CEO pay Chamber of Commerce chemo brain chemotherapy child abuse China chlorine Christmas Citizens United Citizens United v. Federal Election Commission climate change climate science clinical trials coal coal power coffeehouse gossip college colon cancer colonialism communication Congress Constellation Brands Constitution coping Copts corporations corruption coups credibility Credit Crunch credit default swaps CSAs Cuba cure death debt debt crisis defense issues deficits democratization derivatives DFL diet diglossia Diplomacy distractions doctor appointments doctor questions doctors Don Gordon donating Double Dip Druze Dubai Earth Day earthquakes East Asia and the Middle East economics Egypt ElBaradei elbow elections emotions energy Eurozone Growth Eurozone Spreads exercises extinction fairness Fallujah fat fatigue FDR Federal Reserve film Finance First World War Fiscal Stimulus food football Fox News France fraud Friday Prayer friends funding Gallo Gamal Mubarak Garrison Keillor Gaza GCC Geopolitics George W. Bush Ghajar Global Imbalances global warming Golden Rule Goldman Sachs GOP government debt Greece Greenland Gulf oil spill Gulf states Haiti Hajj Hamas Hariri head injury healing Health health care health care reform health insurance healthcare healthcare reform healthiness healthy eating healthy living Hebron hedge funds Helen Thomas helping herbicides Herding Hizbullah holidays holy places http://www.blogger.com/img/blank.ghttp://www.blogger.com/img/blank.gifif http://www.blogger.com/img/blank.gif humanity humor Husni Mubarak IDF Imazighen income tax incompetence Indian Ocean inflation information technology injections insider trading insolvency insurance intelligence Internet Iran Iraq Iraq war Ireland Islam Islamophobia Israel Israeli newspapers Israeli politics Italy Japan Jerusalem Jim Klobuchar Jordan Judaism Jundallah Koch Industries Kurdish issues Kuwait Kyrgyzstan labor lack of sleep languages learning Lebanon Leukimia levothyroxine Libya life lists Lung cancer Maghreb Maldives Manas Maronites masters of manipulation Mauritania Mecca media medical costs medical errors medical history medical information medication MEI MEI Annual Conference meltdown metastatic cancer Middle East Journal Middle Eastern Christians military affairs Minnesota Minnesota GreenCorps Minnesota taxes monetary policy Morocco mortality Mossad Motivasi Muhammad Naguib Muqtada al-Sadr music music videos Muslim Brotherhood mzerim n Napa Nasser national anthems NATO needles Netanyahu New Deal New York New Zealand news NFL nitrogen pollution no-fly zone Non Sequitur normal nostalgia Nowruz nuclear crisis nuclear weapons Obama obituaries ocean acidification oil Oman Omar Suleiman oncologist optimism organic output gap ovarian cancer overscheduled pain Pakistan Palestine Palestinian Authority palliative Pat Robertson patient rights patriotism Pawlenty Pays d'Oc pesticides pink washing Pinot Noir Plan B planning PLO politics Pope Shenouda III Portfolios Prediction Markets prescriptions press freedom price of risk procedures prostate cancer prostitution protests Public Debt Qadhafi Qatar Quantitative Easing Qur'an radioactive iodine Ras al-Khaimah Ray McGovern Reagan recalls Recession recommendations recurrence remembrance Republican Party research revolutions Richard B. Parker rock bands royalty Rush Limbaugh Saad Zaghloul Saddam Hussein safety sanity Santa Clara County v. Southern Pacific Railroad Satan Saudi Arabia scars Scott Walker Sectarianism settlements Shi‘ism Shin Bet shipping side effects skepticism Skin cancer sleep social justice social networking solar cells solar energy solar power soy Spare Capacity special operations sphagnum moss sports state budget stem cell Stephen Ross Wine Cellars Sterling Streisand Effect stress Stuxnet succession issues Sudan Summits Sunnis Super Bowl support Supreme Court surgery swimming pool Syria Tamazight Target Corp. Target stores tax cuts taxes teaching televangelism television Territorial disputes terrorism testing The ___ Gulf The UK think tanks thyroid cancer Tifinagh time tired Tom Emmer tourism transportation trauma travel Tulocay Winery Tunisia Turkey UAE UK fiscal policy UK Recession unions United Nations universities university US US Administration US Civil War US military US Presidential Election Utah vacation vegetables Veteran Intelligence Professionals for Sanity Veteran's Day video volunteer volunteer work Walid Jumblatt Wall Street water wealth weather Weekend Historical Videos weight loss wellness Western Sahara Wikileaks wine Wisconsin women Woods Hole World War II Yemen YItzhak Rabin young cancer patients Zahi Hawass Zero Bound