Promoters of the Stimulus Package Cop Line From Nike And Give Up Arguing the Merits: "Let's Just Do It."

Who said this yesterday in The Washington Post?: "Is it a perfect package? Of course not. But we're past that. Let's just do it."

Twas Alice Rivlin, former Clinton administration buget director—and former stimulus package critic. Return now to the thrilling days of yesterweek, when Rivlin made the case that the shit sandwich now being served up should be broken into two distinct efforts. First there should be an "anti-recession" bill that would address immediate economic concerns and attempt to bump the econony upward. Second, there should be longer-range planning for infrastructure spending and entitlement reform, all subject to pay-as-you-go limits so that Congress doesn't keep pushing the big day of reckoning into the future via even larger debt:

I understand the reasons for lumping together the anti-recession and investment packages into one big bill that can pass quickly in this emergency. A large combined package will get attention and help restore confidence that the federal government is taking action-even if part the money spends out slowly. But there are two kinds of risks in combining the two objectives. One is that money will be wasted because the investment elements were not carefully crafted. The other is that it will be harder to return to fiscal discipline as the economy recovers if the longer run spending is not offset by reductions or new revenues.

"Let's just do it" is the sort of surrender you expect from Butch Cassidy and the Sundance Kid when they're surrounded by the Bolivian army, not the sort of commentary you expect from a serious thinker or political actor. Here's hoping some of the Republicans have grown a backbone since last fall. Which is another way of saying that the business in white flags should be brisk over the next coupla days.

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  • ||

    "serious thinker or political actor"

    Aren't these mutually exclusive?

  • Xeones||

    Yo, fuck Alice Rivlin.

  • Curious George||

    Let's hear for the Clinton administration. They elevated the community reinvestment act into affirmative action loans and then into NINJA loans.

    What this country needs now is rampant fraud, waste and mismanagement just like they have in Chicago. And who better to handle these hundreds of billions than people who are too smart than to pay their taxes.

    Fearless Leaser demands we pass this or we're DOOMED.

    Hope, change, BS.

  • T||

    I weep for my child. I'll be too old and decrepit to try fixing this mess when the bill comes due. It's today's 20 year-olds that are going to have clean up this disaster.

  • ||

    Statements like "let's just do it" are crystal clearly indicative that these people have no fucking clue what they are doing. If you said to me "what happens when you run a drop table statement on a table with 30 million records" and I said "let's just do it" you would be very stupid to listen to anything I said after that.

  • ||

    Yup, once again, the Sheeple get shafted!

    RT
    www.Privacy-Center.net

  • Warty||

    "what happens when you run a drop table statement on a table with 30 million records" and I said "let's just do it"

    Dude, you can totally speed up your computer if you delete your system32 folder. There's no time to think about it, just do it!

  • waldo||

    The problem is that this bill is turning out to be less like the New Deal of the past, and more of a "throw money the wrong way". They keep cutting out things that help our infrastructure, while leaving in things that are ridiculous. Ugh.

  • ||

    Dude, you can totally speed up your computer if you delete your system32 folder. There's no time to think about it, just do it!

    FORMAT C:

  • Reinmoose||

    Does anyone remember when the criticism of Democrats by Republicans was that they just "threw money at problems?" Yeah... whatever happened to that line?

  • lunchstealer||

    OMG the first time we did something in a panic and spent an assload of money without debate, it didn't work! We've got to spend even more money over a longer period of time with even less focus on the actual problems at hand, and we've got to do it even faster.

    COME ON, PEOPLE, EMPTY SYMBOLISM ISN'T GOING TO SPEND BILLIONS OF DOLLARS ON ITSELF!

  • Curious George||

    The Democrats can't spend money fast enough because they can always print more money and tax those who actually work. And you know it doesn't cost to print money. Just look at Weimar Germany.

    Throw money at problems? The Demorats drown problems with money.

  • ||

    You know those rat experiments they teach you about in college? The ones where they keep cramming more and more rats into the maze, And then play AcDC at full blast, and flash the lights on and off? And all the rats completely freak out, and eat their young, and the King of the Rats turns into a raging gay necrophiliac, and all their hair falls out, and they speak in Shakespearean rhyme?

    Ladies and Gentlemen; I give you the United States' Congress.

  • Warty||

    FORMAT C:

    rm -rf /


    ...oh, shit.

  • ||

    Whenever one party does really well in an election, I always try to comfort myself with the realization that they'll overreach and the pendulum will swing the other way...

    ...but why does it always seem like the pendulum ends up hitting us in the ass? Damn!

    I keep hearing the argument that not passing something huge at this point would have a big impact on the stock market, which might be true...

    But using the stock market to tell us what to do with economic policy and what's happening in the real economy, that's puttin' the cart way before the horse. ...that's a recipe for failure.

  • ||

    I left out the part about the rampant incest, but it's in there, too.

  • ||

    If a used car salesman were trying to sell you a Ford Pinto with 500,000 miles on it for $20,000 and tried to get you to say yes by saying "Just do it", how would you react?

    Right. Time to walk off the lot.

  • T||

    and the King of the Rats turns into a raging gay necrophiliac, and all their hair falls out, and they speak in Shakespearean rhyme?

    I think you're confusing the rat experiments with the LSD trials and MK-ULTRA. Or the Milgram experiments. I'm not really sure at this point.

  • Bingo||

    It's today's 20 year-olds that are going to have clean up this disaster.



    That's assuming we stick around.

  • ||

    That's assuming we stick around.

    Go ahead. Try and renounce your citizenship. Geithner will find you anyway!

  • robc||

    Warty,

    A friend of mine once meant to type:

    rm -rf ~*

    to get rid of a bunch of emacs backup files in some subdirectory and instead typed:

    rm -rf ~ *

    Doh!

  • ||

    DROP VIEW master.sys.all_objects

    We're geeking out pretty hard today.

  • robc||

    2nd day on a job back in 1997, I managed to double enter a LARGE set of entries in a database. I then spent most of the rest of the day fixing that screwup (which was, in some small part, due to the database setup). I think my boss was wondering about that hiring decision that day. :)

  • robc||

    Im sure the people who will be amused by it have all seen Bobby Tables, but just in case.

  • ||

    It's pretty obvious that the plan is to take advantage of Obama's "honeymoon" period, and the recession, to ram through as much of the domestic policy agenda as possible in one bill.

    The recession gives them political cover to do that, and the media simply isn't doing any critical thinking on this.

  • ||

    I managed to double enter a LARGE set of entries in a database

    If you had preassigned GUIDs as primary keys this wouldn't have happened, rob. Don't let me catch you making that kind of mistake again.

  • ||

    When in trouble
    Or in doubt
    Run in circles
    Scream and shout.

    A spend, spend, spend till your daddy takes the VISA away.

  • JB||

    Let's Do It...punch a statist in the head.

  • ||

    Who said this yesterday in The Washington Post?: "Is it a perfect package? Of course not. But we're past that. Let's just do it."

    Uhh, Wonkette?

  • ||

    Hell, robc, in my office, a mistake you can fix in less than a day doesn't even break the plane.

  • LarryA||

    But there are two kinds of risks certainties in combining the two objectives. One is that money will be wasted because the investment elements were not carefully crafted. The other is that it will be harder impossible to return to fiscal discipline as the economy recovers if the longer run spending is not offset by reductions or new revenues.

    the media simply isn't doing any critical thinking on this

    Or anything else. For a long time. Obama. Alleluia, Amen.

  • ||

    Here's hoping some of the Republicans have grown a backbone since last fall. Which is another way of saying that the business in white flags should be brisk over the next coupla days.



    Here's noting that it doesn't matter how much backbone the Republicans have, since they lost, and since Sens. Specter, Snowe, and Collins were going to vote that way. They were known squishes before the election.

    Of course, Sen. McCain's bill cost half as much and consisted of voiding all the Buy America provisions, cutting the corporate income tax rate, a temporary cut in the payroll tax, cut the lower two income tax brackets, and extend unemployment rates. But President Obama's the one who won.

  • Orange Line Special||

    John:

    Have to admit that Obama won based on a campaign filled with more lies and fraud than anyone I have ever seen in forty years. The good part is waiting to see how dull the American people are. Will they really enjoy seeing their economy and way of life destroyed for the benefit of a few? Will they vote for someone who will devalue their currency, deflate their economy, put millions on unemployment?

    Does anyone believe Obama will cause the DOW to reach 10,000 in the next 4 years?

    It took Carter to reach a Reagan. We can only hope.

  • heshaojie||

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