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Is Obama listening?
Written by on January 30, 2010, 06:09 PM
A year ago, on January 28, 2009, I voted against the Democrats’ “stimulus bill.” I predicted, correctly, that it would be too ineffective to justify the massive price tag. It was supposed to cost $787 billion and keep unemployment from exceeding eight percent. Well, today unemployment is at ten percent and the CBO just announced the stimulus will cost another $75 billion more than advertised.
Not content to just criticize, I issued a memorandum to my constituents on the day Congress passed that bill. I called for tax reduction, increased energy production, and trade promotion as the three things that would genuinely stimulate the economy.
A year later, in Wednesday’s State of the Union Address, the President finally called for these three things in what appears to be a serious way. While I disagree with much of what he called for in his speech, we at last agree on some of the areas we should be focusing our efforts.
It’s a year late. But I’m glad to see the President finally realize that tax cuts are the quickest and surest form of stimulus. I’m glad to see him recognize that we need to expand energy production, not constrict it as his “cap and trade” proposal would do. I’m glad to see him realize that we must open new markets for manufacturers to sell their wares to.
If he had acted on these things a year ago, unemployment might really have stayed under eight percent. It remains to be seen if he will actually act on them even now.
Not content to just criticize, I issued a memorandum to my constituents on the day Congress passed that bill. I called for tax reduction, increased energy production, and trade promotion as the three things that would genuinely stimulate the economy.
A year later, in Wednesday’s State of the Union Address, the President finally called for these three things in what appears to be a serious way. While I disagree with much of what he called for in his speech, we at last agree on some of the areas we should be focusing our efforts.
It’s a year late. But I’m glad to see the President finally realize that tax cuts are the quickest and surest form of stimulus. I’m glad to see him recognize that we need to expand energy production, not constrict it as his “cap and trade” proposal would do. I’m glad to see him realize that we must open new markets for manufacturers to sell their wares to.
If he had acted on these things a year ago, unemployment might really have stayed under eight percent. It remains to be seen if he will actually act on them even now.
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