Pelosi Still Afraid to Take On Bush On the Economy

... Let's face it, we can only have a stimulus package if the President is willing to sign one.  But we can only go as far as the President will sign.

That's House Speaker Nancy Pelosi starting the negotiations on a second stimulus package by giving away the farm.

There's an old story in Texas about a young man whose daddy has sent him to trade horses on his own for the first time. He meets a wise old sharpie and the guy says, "So how much do you want for that horse son?" The kid answers: "Well Daddy told me to ask for $100 but to take $50." "That's great kid, here's $50, give your daddy my regards."

That's what the Congressional Democrats do EVERY TIME.

While every stop is being pulled out to save the Wall Street "Masters of the Universe", state governments across the nation are being pulled into an economic black hole. It's no surprise that President Bush doesn't care, but its very frustrating to see Pelosi being complicit in his indifference.

She's apparently telegraphing her willingness to throw the states over the side. Why not make the most unpopular president in history veto a bill that would be popular just in time for the election?

Not having a vote on a strong economic recovery package is bad politics. Bad terrible awful dumb politics.  What's the point of electing Democratic Members to Congress if they won't stand up for Americans even when the President won't?

Newsflash to the Democrats on Capitol Hill, this is the perfect time to force some Republicans up for re-election to put themselves on the record as opposing a package to save the economy.

But Pelosi doesn't get that concept. Instead she wants to pass something on the first go and she's so eager to please the president that shes pre-gutting a second stimulus package. Even though she's talking a good game to the press:

Pelosi renewed her vow to try to pass a stimulus measure that would combine billions of dollars for jobs-producing infrastructure projects, more food stamps, additional Medicaid aid to states, home heating subsidies and a further extension of unemployment insurance.

Persistent rumors from Capitol Hill indicate that she's telling the White House that she's willing to throw the Medicaid aid to states overboard.

Should we settle for a bill that only goes halfway in addressing the economic crisis? No. We did that once, earlier this year, and the first stimulus package failed.

This has been on the table for a long time. The same experts who said the first economic stimulus package failed also said aid to states needs to be in the next stimulus:

If a second round of stimulus is necessary, other options that should be on the table. These include payments to states that will need to cut spending because of balanced budget provisions as their tax revenue falls.

And in a letter to House Leadership in late January as the first stimulus package was being prepared, a bipartisan group of 39 Governors "requested that state aid be included in the stimulus:

The nation's governors urge you to include state countercyclical funding as part of your legislation to stimulate the economy.

...

In 2003, Congress approved $20 billion in assistance to states, including $10 billion in Medicaid and $10 billion in block grants. The governors' current stimulus proposal is essentially the same, with the exception that it is a total of $12 billion as opposed to $20 billion. This proposal can be enacted quickly, as there is precedent and it is timely, temporary and targeted.

The plan is there, we know what is needed to help dig us out of this economic muck, and potentially shield the states from further dramatic losses if Wall Street keeps acting up. Our mentality shouldn't be "take what we can get" it should be "this is what we need, this is what will pass." If Republicans want to vote against improving the economy, let them explain it to the voters.

It's time to have a clear vote on a real, working economic stimulus package. It's time to show voters there's a real difference between Democrats and Republicans.



Display:


Re: Pelosi Still Afraid to Take On Bush On the Eco (none / 0)

They need to sell it as aid to the middle class which is "too big to fail."  Bailing out wall street and ignoring main street is not how anyone wins elections.  If Pelosi would get a spine we could get this done.


John McCain isn't evil. He's just wrong about a lot of things. Vote Obama!
by proseandpromise on Fri Sep 19, 2008 at 12:27:28 PM EST

Gah (none / 0)

I've lost all faith in both Pelosi and Reid.

Senate Majority Leader: Dick Durbin

Speaker of the House: Jim Clyburn

Let's see the Republicans weasel us with those two running the show.


You can't stop the signal.

President "That One"

by Dracomicron on Fri Sep 19, 2008 at 12:41:57 PM EST

Another old Story (none / 0)

You're at the cliff, do you take a step back or just keep pressing your advantage while walking over it?

The alternative we are facing here is complete, total economic meltdown.  The kind of stuff our grandparents lived through, another Great Depression.  

The real tightrope here is for them to pass legislation that alleviates the problem in the near term, but not solve the symptoms of the problem. It should keep the general populace jittery about the economy and clamoring for a solution by the election.  That will be the job of the next Congress, whomever is in charge of the administration.  That's when the symptoms of the problem must be attacked viciously.


by NvDem on Fri Sep 19, 2008 at 12:59:35 PM EST

Re: Pelosi Still Afraid to Take On Bush (2.00 / 2)

Seniority is never a good mechanism for promotion.

Pelosi and Reid have GOT to go.


by charliemike on Fri Sep 19, 2008 at 01:22:10 PM EST

Re: Pelosi Still Afraid to Take On Bush On the (2.00 / 2)

I agree. This seniority crap has ruined both houses. Throw out the incompetent and the spineless.


by Pravin on Fri Sep 19, 2008 at 01:31:41 PM EST

Re: Pelosi Still Afraid (none / 0)

Completely off topic, but it occurs to me that Speaker Pelosi is completely left out in the cold by those who might otherwise be expected to defend HER against attack strictly on the basis of her gender. Why does she get no cover at all from that?

Just an observation....


1st Law of Obamadynamics: For every action, there is a greater than equal criticism. In advance.
by QTG on Fri Sep 19, 2008 at 01:37:06 PM EST

Same old shit (2.00 / 1)

Pelosi, Hoyer, and Reid have got to go.  They're both spineless and uncharismatic.  They're unable to reel in a 30% president and the conservatives within their own caucuses.


Follow the 2010 election cycle in Georgia at the 2010 Georgia Race Tracker.
by TheUnknown285 on Fri Sep 19, 2008 at 02:28:20 PM EST

How dumb can Pelosi be? Make W veto it !!!!! (none / 0)

The Dems should pass the correct legislation.
Let Bush veto it if he dares.
That would only help us.
After a veto, we can discuss what strategy to employ.
But why surrender before the fight has begun?
by DaveG on Fri Sep 19, 2008 at 05:56:47 PM EST


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