The Trail: A Daily Diary of Campaign 2008

Archives

The Rundown

For Obama, Stimulus May Have Been the Easy Part

By Ben Pershing
President Obama signed the economic stimulus bill into law yesterday, and now he can take his victory lap, enjoying a well-earned breather for a few days as he watches the measure take effect. Right?

Wrong. Actually, shepherding into law one of the biggest pieces of legislation in U.S. history may turn out to be among the easiest things Obama has to do in his first 100 days as president. On Tuesday alone, within hours of Obama's signing the stimulus bill:

• GM and Chrysler announced that they want billions more in federal aid, and that they plan to shed 50,000 jobs worldwide and shutter more than a dozen plants.

• Obama approved sending 17,000 more troops to Afghanistan, a move that likely won't be very popular.

• The Dow fell nearly 300 points, while "the sharpness of the global slowdown has alarmed economists, who see no obvious engine for recovery."

• The polar ice caps melted completely, flooding every coastal city and creating apocalyptic super-storms. Okay, that didn't happen. But would you have been surprised?

Continue reading at Political Browser »

Posted at 8:15 AM ET on Feb 18, 2009  | Category:  The Rundown
Share This: Technorati talk bubble Technorati | Tag in Del.icio.us | Digg This
Previous: With Afghanistan Troop Decision, Obama Makes His First Major Move without Majority Support | Next: Alaska Says Palin Owes Tax on Expense Payments


Add 44 to Your Site
Be the first to know when there's a new installment of The Trail. This widget is easy to add to your Web site, and it will update every time there's a new entry on The Trail.
Get This Widget >>


Comments

Please email us to report offensive comments.



"The polar ice caps melted completely, flooding every coastal city and creating apocalyptic super-storms. Okay, that didn't happen. But would you have been surprised?"

PATHETIC!

Ohhh Cry me a River for Poor Barry some more there WaPo!

The poor Baby!

Got himself an Executive Job, and now has to become an Executive! And it's SOOOOO HAAAARRRD!

Mitt Romney would have handled ALL of this by Day Five, and been playing Golf that Afternoon!

Posted by: SAINT---The | February 18, 2009 4:32 PM

Obama's economic stimulus plan was the easy part. It was sold to Congress and the American people based on prospective benefits with little attention to the costs to taxpayers. The plan gives government control of who will benefit from expenditures. The plan seems like a perfect recipe for a lower standard of living for most U.S. taxpayers.

Posted by: klausdmk | February 18, 2009 3:11 PM

JakeD, it will all depend on how long the American people will put with his socialist agenda. I feel the country is going to revolt. I just don't know how many really concerned citizens there are in this country anymore.

Posted by: Daylo1 | February 18, 2009 1:43 PM

Daylo1:

Let's just HOPE he falls in time to save the country.

Posted by: JakeD | February 18, 2009 1:08 PM

I am listening to Obama in Arizona right now. So far, he has said "CRISIS" 25 times. He is a President of Fear. Then he states "I signed the stimulus bill yesterday. This will help homeowners."

He has just put himself up as the Savior of this country. Rock Star/Savior all rolled up into one. Good luck with that.

The bigger they are...the harder they fall.

Posted by: Daylo1 | February 18, 2009 12:36 PM

WHAT ABOUT THE DISPLACED HOMEOWNERS WHO A*L*R*E*A*D*Y HAVE BEEN FORECLOSED...

...THE VICTIMS OF 'EASY CREDIT' AND OTHER FINANCIAL/CAREER ENTRAPMENT SCHEMES?

WHO -- AND WHAT GOVERNMENT PROGRAMS -- MAY HAVE ENABLED THEIR FINANCIAL, EVEN PHYSICAL, DESTRUCTION?

IS ANYBODY EVEN ASKING THE QUESTION?

http://www.nowpublic.com/world/targeting-u-s-citizens-govt-agencies-root-cause-wall-street-financial-crisis

http://my.nowpublic.com/world/domestic-torture-radiation-weaponry-americas-horrific-shame

OR (if link is disabled/corrupted):

My.NowPublic.com/scrivener

Posted by: scrivener50 | February 18, 2009 10:46 AM

STIMULUS .... WHAT STIMULUS? Do you refer to the Welfare Payments to those who do not pay taxes? Do you refer to the $7-$14 per week tax break to those who DO pay taxes? Are those tax break permanent... No? So where is the stimulus?
OH, Did Congress show leadership and take a pay cut and cut down on the number of staffers, did Dear Nancy or Harry forgo use of their AF jet's as they demanded from the Auto Execs..No...So where is the stimulus?
How does the railine from LA to Vegas help the rest of the country? How does the STD funding help the stimulus (or at least the one we should talk about)? Please show me the stimulus that is workinng in my lifetime...or is stimulus just another word for PORK!

Posted by: NeoConVeteran | February 18, 2009 10:00 AM

The comments to this entry are closed.

 
 

© 2009 The Washington Post Company