06
Feb
09

The Anti-stimulus stimulus bill

I’m sure that you are as sick of hearing about the struggling economy and about the ill-fated stimulus package being proposed by President Obama as I am. But I thought a little breakdown of the disastrous plan might be in order because often all you hear in the mainstream press is Obama talking about acting now to avert crisis and the creation of 3 million jobs. However, underneath those platitudes is a host of social reform masquerading as a stimulus bill. A bill that is likely one of the scariest pieces of legislation ever tackled by Congress.

Let me explain.

Democrats and Obama will simply tell you that they are going to create 3 million new jobs and save the struggling American-working class bearing the brunt of the economic downturn.

In reality, the bill is nothing more than a wish list made by progressive Democrats. The package includes the increase of federal spending in nearly every department. The Department of Agriculture will increase spending by $36 billion. The Department of Health and Human Services will ramp up spending by $21 billion. Ditto the Environmental Protection Agency, which will spend an additional $5.5 billion. Same as the Department of Labor and the Department of Commerce…and I guess you get the point.

North Carolina Sen. Richard Burr put it best in a flabbergasted sort of way: “(The bill) is the largest spending package probably ever in the history of the world.”

Now I don’t know about you but a federal spending package in a time of financial crisis seems like a bad course of action.

Add the fact that much of the money being proposed to “stimulate” economic growth through government expansion will be distributed on a delayed time scale with most of it being released around the mid-term elections in 2010 and the stink really starts to waft from Obama’s proposal. The funny thing is that while delaying the funds until the elections is meant to potentially boost favor for Democrats among the nation’s voters, it won’t work because increased government spending is never, ever the answer.

While the bill has passed the house, with all Republicans voting against it along with 15 Democrats, it appears that it has stalled in the Senate.

Senate GOP leaders are talking about revising the bill and cutting it by about half. They are also talking about focusing primarily on tax cuts and addressing the mortgage crisis. At least some people in Congress have yet to be bitten by the socialism bug.

Nothing can better illustrate the radical differences between progressives and conservatives than to compare Obama’s government spending to stimulate a faltering economy with President Reagan’s economic recovery package implemented following four years of turmoil under another starry-eyed socialist.

In his State of the Union address in 1982, Reagan outlined the economic crisis facing the country and how government can solve it. See if any of this sounds eerily familiar to things we are hearing now about the state of our nation but then notice the difference in how prosperity and recovery is to be achieved.

Ronald Reagan

Ronald Reagan

“Seldom have the stakes been higher for America. What we do and say here will make all the difference to autoworkers in Detroit, lumberjacks in the Northwest, steelworkers in Steubenville who are in the unemployment lines; to black teenagers in Newark and Chicago; to hard-pressed farmers and small businessmen; and to millions of everyday Americans who harbor the simple wish of a safe and financially secure future for their children. To understand the state of the Union, we must look not only at where we are and where we’re going but where we’ve been. The situation at this time last year was truly ominous.

The last decade has seen a series of recessions. There was a recession in 1970, in 1974, and again in the spring of 1980. Each time, unemployment increased and inflation soon turned up again…

Government’s response to these recessions was to pump up the money supply and increase spending. In the last 6 months of 1980, as an example, the money supply increased at the fastest rate in postwar history–13 percent…

We have an economic program in place, completely different from the artificial quick fixes of the past. It calls for a reduction of the rate of increase in government spending, and already that rate has been cut nearly in half.  Reducing spending is the first and smallest phase of a 3-year tax rate reduction designed to stimulate the economy and create jobs…

Together, we not only cut the increase in government spending nearly in half, we brought about the largest tax reductions and the most sweeping changes in our tax structure since the beginning of this century. And because we indexed future taxes to the rate of inflation, we took away government’s built-in profit on inflation and its hidden incentive to grow larger at the expense of American workers.

Together, after 50 years of taking power away from the hands of the people in their States and local communities, we have started returning power and resources to them.

Together, we have cut the growth of new Federal regulations nearly in half. In 1981 there were 23,000 fewer pages in the Federal Register, which lists new regulations, than there were in 1980. By deregulating oil we’ve come closer to achieving energy independence and helped bring down the cost of gasoline and heating fuel.

Together, we have created an effective Federal strike force to combat waste and fraud in government. In just 6 months it has saved the taxpayers more than $2 billion, and it’s only getting started.

Together we’ve begun to mobilize the private sector, not to duplicate wasteful and discredited government programs, but to bring thousands of Americans into a volunteer effort to help solve many of America’s social problems…

Together we have made a New Beginning, but we have only begun.

No one pretends that the way ahead will be easy. In my Inaugural Address last year, I warned that the “ills we suffer have come upon us over several decades. They will not go away in days, weeks, or months, but they will go away . . . because we as Americans have the capacity now, as we’ve had it in the past, to do whatever needs to be done to preserve this last and greatest bastion of freedom.”

The economy will face difficult moments in the months ahead. But the program for economic recovery that is in place will pull the economy out of its slump and put us on the road to prosperity and stable growth by the latter half of this year. And that is why I can report to you tonight that in the near future the state of the Union and the economy will be better–much better–if we summon the strength to continue on the course that we’ve charted.

And so, the question: If the fundamentals are in place, what now? Well, two things. First, we must understand what’s happening at the moment to the economy. Our current problems are not the product of the recovery program that’s only just now getting underway, as some would have you believe; they are the inheritance of decades of tax and tax and spend and spend.

Second, because our economic problems are deeply rooted and will not respond to quick political fixes, we must stick to our carefully integrated plan for recovery. That plan is based on four commonsense fundamentals: continued reduction of the growth in Federal spending; preserving the individual and business tax reductions that will stimulate saving and investment; removing unnecessary Federal regulations to spark productivity; and maintaining a healthy dollar and a stable monetary policy…”

Boy I wish the Gipper were here now. We could use the steady hand of a man rooted in principal. But if Reagan taught us anything, it is that We, the people, are the stewards and watchmen of our nation and it is up to us to direct the course as we move forward. 

Don’t be afraid to shine the light to reveal the truth. Stand up and be heard.

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3 Responses to “The Anti-stimulus stimulus bill”


  1. 1 CJ
    February 6, 2009 at 7:13 pm

    Government is not the solution. Government is the PROBLEM!

    There is nothing left to say, because Reagan said it all in that little 9 word statement.

  2. 2 g0ty0u
    February 10, 2009 at 8:31 pm

    I haven’t had tv or internet for the past month or so. I guess you can say that I’m kinda out of the loop. I got on the internet today, just to read how Obama is going to help the mid to lower class people with this Stimulus Bill. What a joke the only group of people that this bill will be used for as you said is the U.S. Government. and who they deem it to.
    Josh Thank you for writing it as it is…
    you are totally RIGHT!!!

  3. 3 Gerri
    February 13, 2009 at 12:28 pm

    I just have a couple of comments/questions on the stimulus package.

    Firstly, just exactly how many jobs are going to be created by the proposed 30 million dollars allocated to saving “swamp mice” in Ms.Pelosi’s district? What does this stimulate? Why do we need swamp mice?

    Secondly, I just wanted to thank the President, the Senate and the House for the $13.00 dollars a pay I can look forward to starting (maybe in June) Only 3 pays and I can fill my gas tank. Special thanks to Arlen Spector…won’t be voting for him next election!

    Thirdly, how can anyone make an educated vote when they haven’t even read the Stimulus package. Republicans are requesting 48 hours to be able to read the package before voting….48 hours that the Dems promised, but now that’s not going to happen.

    Finally and off point…. but I was just curious about the “love affair” that Democrats have with their Presidents. Kennedy was the first time I remember it. All the women just loved him….thought he was the best thing since sliced bread. Then came William Jefferson. I actually have a cousin who voted for him soley because she found him attractive..no joke, she had no clue about his platform…he was just so darn cute!! Now it’s Obama and it’s happening again. At a town meeting in Florida the other day, a young man nearly passed out because Obama was there. You could read women’s lips in the audience mouthing..”I love you Barack”

    Hey, if we’re nominating Presidents because they’re hot, then I nominate Patrick Dempsey for 2012.


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