Depends on the Definition of Won

I was just about to link to this Chronicle News Service rundown of all the Bush policies that Obama rolled back with executive orders. But the thing is, he’s so massively screwing up the stimulus bill, that everything else really pales in comparison. People disagreed (or pretended they didn’t know what words meant) when I predicted that Obama’s compromise fetish would be a problem. But as we’re seeing, Obama’s “stimulus” is already short on the things it needs and long on already-failed tax cuts because he wants 80 votes in the Senate. I’ve been saying for weeks that this is nothing more than an indulgence, and one that we can ill afford. And here’s just the latest example:

House Democrats are likely to jettison family planning funds for the low-income from an $825 billion economic stimulus bill, officials said late Monday, following a personal appeal from President Barack Obama at a time the administration is courting Republican critics of the legislation.

The irony is pretty thick. Republicans want more poor kids they can then neglect.

So what did it mean when Obama told Republicans last week “I won.”?

The stimulus bill is written. Democrats enjoy huge margins in the House and Senate, and Obama’s approval numbers are as high as they will likely ever be. Who, besides Obama himself, thinks delaying the bill to appease lunatic Republicans with more provisions that won’t work is a good idea? This is nothing short of insane. Is it too much to expect that big Democratic victories two cycles in a row produce Democratic policies?

Comments

  1. kristina says:

    All this political bickering is bad for the public, we are just going to stay on a political rollercoaster where one party just keeps wrestling control from the other. Obama has it right, they should try to be part of the solution, but the Republicans seem more concerned with scoring political points. They already did more tax cuts for Small businesses under Bush. I’m a small business owner that will be taking advantage of one of the tax breaks for business on my 2008 taxes. I would rather the money be used to create jobs & security at the lower levels of the economy. I need the little people to get the tax break, then I will have more customers & in turn I will happily pay more taxes because I have higher profit. I would love the state of California to cut my payroll taxes, but as for the feds, they’ve already helped small business, a little more is nice, but this Republican whining about tax cuts is really just politics.

  2. matt says:

    I need the little people to get the tax break

    are you proposing a special tax cut for dwarfs?

    are you aware that you contradict yourself in the space of one comment?

  3. 1776 says:

    The socialists have us all right where they want us; fighting over who should be paying more- divide and conquer. Consider this: since 2001, New Jersey added 15 government jobs for every 1 private sector job created.Municipal employee wage increases have been double that of the private sector.
    This is unsustainable and the so-called stimulus package will stimulate nothing but bigger government.

    Ben Franklin and his contemporaries warned of exactly this. Government needs to be cut in half and reduced to providing only the basic necessities and reasonable safety nets. It was never the intention to have government raising families as an earlier blogger is looking for.
    What has happened to the American spirit which truly differentiated us from the failed socialist countries of Europe and South America

  4. matt says:

    Consider this: since 2001, New Jersey added 15 government jobs for every 1 private sector job created.

    i’m going to require a credible source for that.

    Government needs to be cut in half

    will it fit in the bathtub then?

    What has happened to the American spirit which truly differentiated us from the failed socialist countries of Europe and South America

    it turned into privatize gains/socialize losses capitalism. read a paper lately?

  5. spud boys says:

    socialism please define it ditto heads…Palin’s give back to the people their mineral rights is socialism medicare is socialism..Trickle down economics does’nt work…Who buys products and whose money is it anyways .the middle class .if no one can afford a product how is the owner of the company going to pay his employees..no taxing while in war time got us into this mess and higher gas prices made everything go up so nobody can afford a house anymore .By giving it to Iraq and attacking them the very country that sold us 40 percent of our oil was a huge blunder not to mention the loss of life

  6. HadEnough says:

    I am so mad about this proposed package and the mantra of the Democrats “to not play politics.” Opposing the package is therefore playing politics. To better sum it up, get used to it guys! When anyone disagrees with the Dems, they are going to accuse “playing politics.” GOP stand firm! Why should I not benefit from the stimulus because we both work and make over $150,000 but someone who DOES NOT WORK will get tax money. And increased food stamps. Enough is enough!

  7. Ed says:

    Your assertion that low taxes during a war and high gas prices leading to the inability to afford a home are so completely off base as to be considered complete and total nonsense. Actually, what got us in to this was the collapse of the sub-prime mortgage market, which, contrary to your absurd insinuation that the collapse of the housing market was caused by higher gas prices of all things, was atually caused by the Clinton administration’s insistence back in the 1990s that Fannie Mae and Freddie Mac provide mortgages so that people with bad credit could become home-owners. You know, that “American dream” thing. Their mistake, and the mistake of most Democrats is that they believe the “American dream” is really an “American right,” and that everyone regardless of how poorly they manage their finances should have a right to own a home. Unfortunately, when ARM’s increase, and housing values decrease, and sub-prime mortgage holders have already maxed out their credit cards and are using their home as an ATM, the housing market collapses. That directly leads to a collapse in the financial market when lenders are left holding the toxic assets, which leads to a decrease in the circulation of capital to business and industry, which leads to stagnation in the growth of the economy, which leads to people getting laid off, lower consumer spending, and so on. The only thing that is going to turn the economy around is time and patience. Businesses will cut workers and improve productivity until they start to turn profits again. Banks will slowly begin to loan money to reputable businesses and individual borrowers and things will gradually get back to the way they were. The only thing Obama’s stimulus plan can really do to help things along is the same thing that the Bush administration did. Inject capital into the financial market to shore up reserves in banks and cause the circulation system of the economy to begin to flow again. The only thing his copycat version of the New Deal is going to do is create a bunch of low paying jobs that will go away as soon as the funds run out or the projects that they fund are complete, and then the same people are going to go back to being jobless and we will have a bunch of public projects that never needed to exist in the first place. Beyond that, the idea of using $200 million to fund contraception for the lower class is absolutely absurd. What are we going to do, hire a bunch of out of work individuals to be door to door condom deliverers in the slums? Or will we send them birth control pills in the mail with a letter that says “thanks for playing but we have decided that it’s probably best if your ilk doesn’t procreate, so we are just trying to help out?” If we are really trying to protect people from making bad life decisions, how about dedicating that money to getting the poor some financial planning or just save the money and find a way to regulate the financial market to prevent the kind of predatory lending that leads these same people to lose their undershirt trying to pay a mortgage they can’t afford (yes, I am a fiscal conservative in favor of increasing regulations). Lets keep our eye on the ball and try to keep the facts straight.

  8. matt says:

    Your assertion that low taxes during a war and high gas prices leading to the inability to afford a home are so completely off base as to be considered complete and total nonsense.

    who said anything about this?

    caused by the Clinton administration’s insistence back in the 1990s that Fannie Mae and Freddie Mac provide mortgages so that people with bad credit could become home-owners.

    i wonder how long people will continue to make this long-debunked argument…

  9. Ed says:

    Matt: The person that said “this” was “spud boys”

    And if the argument is so “long-debunked,” to use a good SAT word, then why don’t you go ahead and provide the evidence that “debunk” it.

    Or is it not that it’s “long-debunked” but that you are just tired of hearing it repeated because it implies that Democrats are partially at fault for the economic crisis. It can’t be! Say it ain’t so!

  10. George says:

    FDR’s New Deal didn’t work. It was military spending during WWII that really got us out of the depression. Check the unemployment figures for 1940 and 1941 prior to Dec. 7th.

    Obama’s New Deal won’t work either. Everything in this country works on credit. The banks are in bad shape and have restricted businesses lines of credit.

    This has lead to reduced business spending, closing of companies and massive layoffs. This how the Great Depression got started in the first place. Let’s get the banks out of dodge, get credit lines restored, bring back the lending regulations prior to the 1990′s.

    Anything else is not going to work. This Stimulus Package is nothing more than Congressional Pork on a massive massive scale.

  11. matt says:

    http://www.mcclatchydc.com/251/story/53802.html

    “WASHINGTON — As the economy worsens and Election Day approaches, a conservative campaign that blames the global financial crisis on a government push to make housing more affordable to lower-class Americans has taken off on talk radio and e-mail.

    Commentators say that’s what triggered the stock market meltdown and the freeze on credit. They’ve specifically targeted the mortgage finance giants Fannie Mae and Freddie Mac, which the federal government seized on Sept. 6, contending that lending to poor and minority Americans caused Fannie’s and Freddie’s financial problems.

    Federal housing data reveal that the charges aren’t true, and that the private sector, not the government or government-backed companies, was behind the soaring subprime lending at the core of the crisis. ”

    like i said, debunked. but, by all means, keep making shit up and repeating what sean hannity told you.

    Or is it not that it’s “long-debunked” but that you are just tired of hearing it repeated because it implies that Democrats are partially at fault for the economic crisis. It can’t be! Say it ain’t so!

    this is just shitty logic. of course democrats are partially to blame. so fucking what?

  12. George Baldree says:

    FDR’s New Deal didn’t work. It was military spending during WWII that really got us out of the depression. Check the unemployment figures for 1940 and 1941 prior to Dec. 7th.

    Obama’s New Deal won’t work either. Everything in this country works on credit. The banks are in bad shape and have restricted businesses lines of credit.

    This has lead to reduced business spending, closing of companies and massive layoffs. This is how the Great Depression got started in the first place. Let’s get the banks out of dodge, get credit lines restored, bring back the lending regulations prior to the 1990′s.

    Anything else is not going to work. This Stimulus Package is nothing more than Congressional Pork on a massive massive scale.

  13. Ed says:

    Ouch, Matt. A bit testy today aren’t we. You shouldn’t spend so much time staring at the computer screen. Get outside, enjoy the fresh air.

    I like your response. However, even if the assets held by Fannie Mae and Freddie Mac don’t make up the largest part of the sub-prime mortgage market, the actions of those companies set the standard for much of the financial market. i.e. if your competitor is making the big bucks offering a $50 rebate, you had better offer a rebate too or you will soon find that yourself out of business. Just as President Obama can shout “Change!” and the youth of America fall to tears of joy, so too will other banks offer sub-prime mortgages if Fannie Mae and Freddie Mac do so.

    I’d love to hear your opinion on the $200 million for contraception.

    And I am a member of the Armed Services and am quite used to using and hearing profanity. However, let us please avoid the use of four letter words and not let inflamed passions run away with a good-natured desire to have an enjoyable and constructive debate.

    To George: Excellent points about the New Deal. It wasn’t all that impactful, even in it’s time. The ailments in the financial system truly are the heart of the problem, and once the system is functioning appropriately again, oversight will likely be necessary to prevent a recurrence of the same problems.

  14. matt says:

    * More than 84 percent of the subprime mortgages in 2006 were issued by private lending institutions.

    * Private firms made nearly 83 percent of the subprime loans to low- and moderate-income borrowers that year.

    * Only one of the top 25 subprime lenders in 2006 was directly subject to the housing law that’s being lambasted by conservative critics.

    which part of this confused you?

    Just as President Obama can shout “Change!” and the youth of America fall to tears of joy, so too will other banks offer sub-prime mortgages if Fannie Mae and Freddie Mac do so.

    i don’t know what this is supposed to mean.

    However, let us please avoid the use of four letter words

    let me be very clear: i’ll write exactly what i feel like writing on my site. we can chop it up for hours at a time, but when you come in here with reheated garbage talking points, you won’t be met with my best manners.

    funny that the neo-hooverites are coming out of the woodwork, and the same people that despise regulation are now ok with it if it means more money for banks at the expense of actual people.

  15. Ed says:

    None of that is in the least bit confusing. My point was that private lending institutions weretaking their cues from Fannie Mae and Freddie Mac. What my metaphor was supposed to mean is that you are absolutely correct that private firms issued the majority of the subprime mortgages, however the tone for such practices was set by FM & FM.

    Regardless, all of this is a moot point. My original intent was to respond to “spud boys” to state that the collapse of the housing market was caused by sub-prime lending (regardless of what started), not higher gas prices.

    Just out of curiosity, if you are against “more money for banks at the expense of actual people.” Who do you suppose lends the money to those “actual people.”

    I would still also love to hear your thougts on this $200 million for contraception, because I was really hoping to neglect some poor children.

    Oh, and I don’t have cable television, so I rarely get the opportunity to hear what Hanity thinks.

  16. matt says:

    however the tone for such practices was set by FM & FM

    so you have no idea what fannie and freddie do, and have no problem advertising it

    I would still also love to hear your thougts on this $200 million for contraception, because I was really hoping to neglect some poor children.

    i’m all for it. it probably shouldn’t have been in the stimulus bill in the first place, but it also shouldn’t have been taken out due to republican hissy fit.

    I rarely get the opportunity to hear what Hanity thinks

    since all of that “thinking” comes from the same talking points, i disagree.

  17. WWC says:

    In today’s briefing he said “not to the judge 2% questionable parts of the economic plan and judge it on the 98% of the rest of it.” Well where is it? Why haven’t we all been shown what this bill proposes and includes? What I’ve heard is so far is a guaranteed BEELINE to crash our economy- blast the bottom out and bankrupt America completely! It won’t be helping us.
    It’s A redistribution of wealth all right at the expense of Americans and not for Americans. Is this Your Great Plan Mr. Obama!?!

    Show the American People this plan of yours-all of it Along With Your Vault Copy of Your REAL COLB before you spend America’s Money.We all need to see these before they pass that bill.

    WE For The People Of The United States Of America

  18. WWC says:

    In today’s briefing he said “not to the judge 2% questionable parts of the economic plan and judge it on the 98% of the rest of it.” Well where is it? Why haven’t we all been shown what this bill proposes and includes? What I’ve heard is so far is a guaranteed BEELINE to crash our economy- blast the bottom out and bankrupt America completely! It won’t be helping us.
    It’s A redistribution of wealth all right at the expense of Americans and not for Americans. Is this Your Great Plan Mr. Obama!?! Show the American People this plan of yours-all of it Along With Your Vault Copy of Your REAL COLB before you spend America’s Money.We all need to see these before they pass that bill.

    WE For The People Of The United States Of America

  19. matt says:

    Well where is it? Why haven’t we all been shown what this bill proposes and includes?

    who’s we? the text has been out for coming up on 2 weeks now. but i guess the copy congress had hand-delivered to you was waylaid…

    What I’ve heard is so far

    what you’ve heard? you couldn’t be bothered to read the bill, and we’re supposed to give any weight at all to what you picked up in the bar toilet?

  20. Ed says:

    Disagree all you wan’t. Facts are facts. I’m sitting in the Middle East right now and there are not a great deal of televisions for the viewing.

    I’m glad you listen to republican viewpoints though. Most Democrats that I talk to stick to their own circles and usually turn a deaf ear to things that the other side says. It was just an assumption, and I hate to make assumptions about people, but you are a Democrat, correct?

    As it is almost 1:00 AM here, I will leave you with the last word. As you can imagine, I am surrounded by a bunch of boring Republicans and rarely get an opportunity for any lively debate. I managed to get my hands on the computer for a few hours and you have sincerely brightened my day. Thank you.

    I concede to you, as you clearly know more about the subject than I do. My expertise is more in the area of international relations than in economic policy.

    I wish you well, and I sincerely hope for the best for President Obama and his plans. Though there are as many conflicting ideas about how to do right by the nation as their are people in the nation, we all hope for the same outcome. Please have wonderful evening.

  21. matt says:

    I’m sitting in the Middle East right now and there are not a great deal of televisions for the viewing.

    my point was that one way or another, you’re getting the same information. a TV isn’t needed, talking points are fungible.

    but you are a Democrat, correct?

    not a registered democrat, no. but a liberal for sure.

    I managed to get my hands on the computer for a few hours and you have sincerely brightened my day. Thank you.

    glad i could help. stay safe.

  22. Paul H says:

    My prediction is that by the time Obamas term is over (Depending on how left they veer the country) four to eight years. That America will be somewhat surprised, and maybe pleased by the way Obama handled foreign affairs. Race issues will be farther along, and better than ever, the economy will cycle back around by this time, and his administration can take credit for it, and the abortion business will be booming! I also predict that by the end of that time people will be sick of the Democrats and be ready for change yet again. They will be sick of the Global warming agenda(expensive cars, taxes on BBQ grills via carbon credits, and no camp fires after midnight), we will be sick of Nancy Pelosi, and the still low approval rated congress. And they will be sick of the extreme left influence on our politicians. Biden will have stuck both feet in his mouth by then. Conservatives will win by landslide because of these things, a women will be elected President because of her gender regardless of her experience (these things happen).
    So lets just sit back and support our President.

  23. joe says:

    Ha! That is amazing! You, Sir, just became the smartest man I know.

  24. sarabeth says:

    You, Sir, who, sir?

  25. joe says:

    Paul H, the modern age Nostrodamus.