stimulating facts

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MediaMatters debunks the "myths and falsehoods" of the GOP's talking points about Obama's stimulus package, and there are two points to note here: that Obama watered down the bill to appease the Republicans who didn't vote for it anyway, and the fact that Republicans had a 2-to-1 advantage in cable news airtime to spread their misinformation campaign. Digby asks:

Can someone explain to me why I'm seeing Republican after Republican on television advising Americans on the right way to run the economy? Is there any reason why we should listen to them sanctimoniously lecturing us on "what's worked in the past" and telling us that the only way to cure the problems they themselves created are to do more of the same?

The more conservatives complain about Obama's stimulus package, the more important it is for us to remember just how successful FDR's New Deal--Obama's model for the current legislation--really was. In the face of claims that the New Deal "prolonged the Great Depression," David Sirota provided the numbers and graphs to prove that "the pre-WWII New Deal era from 1933-1940 - even including the much-hyped recession of 1937-38 - saw the single biggest drop in the unemployment rate in American history:"

These are the hard and fast numbers conservatives would like us all to forget with their claim that history proves massive spending packages like the New Deal will supposedly harm our economy. Indeed, as the numbers show, we'll be very fortunate if Congress and President Obama delivers as robust an agenda as the New Deal delivered kind of job success that Roosevelt delivered in the pre-WWII New Deal era.

When I heard the conservative caterwauling over every line item from planting grass to funding the arts (a mere $50 million for the National Endowment for the Arts) in the stimulus package, I was reminded of the first 1:30 of this West Wing clip, where speechwriter Toby Ziegler (Richard Schiff) makes the connection between today's NEA and FDR's WPA:

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This page contains a single entry by cognitivedissident published on January 29, 2009 1:37 PM.

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