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World's Last Optimistic Person
Stan Collender.
"I have no quarrel with Krugman's numbers, just his reading of the political tea leaves. In fact, and as I'm planning to discuss in more detail in my 'Fiscal Fitness' column this week in Roll Call, even if the president doesn't make a request for additional fiscal stimulus, there will a number of already scheduled opportunities for more stimulus to be enacted. I'm even willing to predict that more will be adopted in the not too distant future if it is needed.
"I have no quarrel with Krugman's numbers, just his reading of the political tea leaves. In fact, and as I'm planning to discuss in more detail in my 'Fiscal Fitness' column this week in Roll Call, even if the president doesn't make a request for additional fiscal stimulus, there will a number of already scheduled opportunities for more stimulus to be enacted. I'm even willing to predict that more will be adopted in the not too distant future if it is needed.
The congressional budget process will provide the means for this to happen."
We'll see.
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Thanks for this post... If this political manuevering is really in the works, then I say to Obama: "What happened to the Fierce Urgency of Now?"
Things change. The time to strike a huge JOBS/Spending Plan has past. Instead, we have Tax Cuts for the rich. Democrats lost. As usual. Thanks Larry Summers.
February 9, 2009 1:42 PM | Reply | Permalink