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.
• 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?
Posted at 8:15 AM ET on Feb 18, 2009
Share This: 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
Please email us to report offensive comments.
Posted by: SAINT---The | February 18, 2009 4:32 PM
Posted by: klausdmk | February 18, 2009 3:11 PM
Posted by: Daylo1 | February 18, 2009 1:43 PM
Posted by: JakeD | February 18, 2009 1:08 PM
Posted by: Daylo1 | February 18, 2009 12:36 PM
Posted by: scrivener50 | February 18, 2009 10:46 AM
Posted by: NeoConVeteran | February 18, 2009 10:00 AM
The comments to this entry are closed.