An e-mail:
Ms. Lopez,
A prediction for you: If the Obama Admin. ever seriously proposes a second stimulus anywhere near the size of the first, he will cement his fate as a one-term president. This would be a tacit admittance that the first stimulus – his crowning initiative on the economy – was a complete failure. And in that light, he would be asking taxpayers to stomach even more debt with a failed track record. The public would have zero trust that the debt would be worth the added burden. Obama put all his economic eggs in one stimulus basket, and now he’s stuck – he can’t spend any more money to jump-start the economy. The only politically viable option is tax cuts, and Congress won’t pass those either.
Have a great day. And here’s hoping the GOP learns quickly how to govern in the majority. They have until January 2011 to figure it out (when together with Blue Dogs, they effectively will control Congress). Let’s not hold our breath – they had not a modicum of a clue for 12 solid years.





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