Three weeks into a fresh start and the President and Congress have failed us. The President and Congress took Obama’s call for an Economic Stimulus and did politics as usual. Barak in defending his stimulus in his editorial that this is no longer a stimulus plan.
“This plan is more than a prescription for short-term spending — it’s a strategy for America’s long-term growth and opportunity in areas such as renewable energy, health care and education.”
The American People deserved a debate and time to weigh and voice their preferences to long term prescriptions on energy, health-care and education. Instead of the short circuiting of any debate by coupling those decisions with stimulus spending. This is not change but the same old crap that has failed us. Anyone remember TARP. It is time for the Adults(voters) to take charge of the children(Government).
Take the stimulus bill long term prescription for health care. It calls for the electronic medical record. Your medical treatments will be tracked electronically by a federal system. Having electronic medical records at your fingertips, easily transferred to a hospital, is beneficial. It will help avoid duplicate tests and errors. But the bill goes further. One new bureaucracy, the National Coordinator of Health Information Technology, will monitor treatments to make sure your doctor is doing what the federal government deems appropriate and cost effective. The goal is to reduce costs and “guide” your doctor’s decisions. Why Senators would support a bill that forces doctors to get federal approval on treatments before discussing them with their patients. The answer? Senators have never read the whole bill much less analyzed the 700 pages before agreeing to cloture (to end admending of the bill).
We need to start over on the stimulus. This needs to be done not to embrass President Obama but to stop a repeat of TARP. Republicans and Blue Dog democrats want the stimulus to be smaller and more targeted. The START plan written by Minnick, blue dog democrat is a $170 billion “bare bones” pure stimulus approach that would put $100 billion immediately into the pockets of low- and middle-income Americans, then use the other $70 billion for basic infrastructure projects that create jobs. Minnick explained to folks back home that he opposed the Obama Stimulus because it was so “Christmas-treed up” with wasteful spending, like $300 million for golf carts. Obama and Pelosi argue that the failure of past stimuluses is they were to small in size and the economy needs a combination of spending and tax cuts in the size of 900 billion dollars to have any effect on the economy. We, the people, deserve a better bill not one that is being used to stifle debate on healthcare, energy and education. Everyone deserve a mulligan and Mr. President and Congress please step and take your Mulligan.
The grand compromise could be found in Senator John Thune’s stimulus amendment. Senator Thune’s amendment would strike the entire $936 billion Senate stimulus bill and replace it with a $936 billion across-the-board-middle-class tax rebate for 182 million Americans. The amendment would result in a tax rebate of $5,143 for single filers and $10,286 for married couples who file jointly. Eligibility is capped for all tax filers at 2007 adjusted gross income of $250,000. This rebate meets conseratvie and liberals needs. It is quick and temporary but large enough to be the cure for what ails the econoomy. The recently unemployed get a cushion to get them through the rough times like extended unemployment. Families drowning in debt a life preserver to stay afloat. New couples starting out a down payment for a house or car. Tutition for the college student. A nest egg for those with no savings. For those who are doing fine a large windfall to spend, invest or save as they see fit. It gives everyone a financial jolt large enough to make a difference in the short term.
It’s time for the adult to get the kids to clean up their mess. Demand they take a mulligan using the Thune admendment as the starting point.
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