{"id":7577,"date":"2011-09-10T19:49:46","date_gmt":"2011-09-11T00:49:46","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=7577"},"modified":"2011-09-10T20:23:55","modified_gmt":"2011-09-11T01:23:55","slug":"economists-say-obama-plan-would-create-jobs-but","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2011\/09\/10\/economists-say-obama-plan-would-create-jobs-but\/","title":{"rendered":"Economists Say Obama Plan Would Create Jobs, But …"},"content":{"rendered":"

The article Economists Say Obama Plan Would Create Jobs, But …<\/strong><\/a> claims the following:<\/p>\n

\nEconomists cautioned that it wouldn\u2019t shift the nation’s business gears into overdrive, and it offers only modest benefits, given the headwinds the economy faces from a moribund housing sector and growing financial turmoil in Europe.\n<\/p><\/blockquote>\n

This together with what Robert Reich pointed out in his article that I reference in my like named post Two Cheers And One Jeer for The American Jobs Act<\/strong><\/a>:<\/p>\n

\nThat\u2019s been the heart of Obama\u2019s dilemma. Big and bold enough to make a difference, and Republicans are certain to reject it. Small and focused on tax cuts, and maybe Republicans will bite. But even if they sign on, what\u2019s the point of the exercise if it won\u2019t have a measurable effect on jobs and growth?\n<\/p><\/blockquote>\n

It would be nice to know what plan Obama thinks is necessary to get the economy moving again compared to the plan he thought he was forced to present to get it by the Republicans.\u00a0 Since almost nothing he presents will be accepted by the Republicans, he has just negotiated with himself again to lower his initial request.\u00a0 When will he ask for what he really wants and then some, before he starts negotiating his plans away?<\/p>\n

Or as Reich suggested:<\/p>\n

\nThe President would have done better with a plan that was big enough to make a real difference. And then, when Republicans rejected it, campaign on it.\n<\/p><\/blockquote>\n

Better in that his future path would not be cut off by the claim that this isn’t any better than his previous stimulus which was not as successful as predicted.\u00a0 The opposition will not be anxious to point out that the plan was watered down from what he really wanted because of their intransigence which was intended to make his plan fail.\u00a0 Every time he accepts a watered down plan that fails, he drives another nail in the coffin of rational economic planning.\u00a0 If he really wants to bury Keynesian Economics for a century, he should keep this up until he is thrown out of office.<\/p>\n

So the problem is not just the damage that he is doing to the present economy and his own political fate that gets us so angry.\u00a0 The problem is the political obstacles that Obama is building for a future, more competent, progressive President.\u00a0 That is if such a President could ever get elected after Obama’s performance.<\/p>\n

Just as Herbert Hoover was the President who is remembered as having set the stage for the Republicans to lose power for a generation, President Obama could do the same thing for the Democrats.\u00a0 And people wonder why we progressives can’t have a little more patience with Obama.<\/p>\n

When the calmer thinkers say, “Don’t let the perfect be the enemy of the good”, maybe we are thinking the “Don’t let the politically expedient be the enemy of the barely sufficient.”<\/p>\n","protected":false},"excerpt":{"rendered":"

The article Economists Say Obama Plan Would Create Jobs, But … claims the following: Economists cautioned that it wouldn\u2019t shift the nation’s business gears into overdrive, and it offers only modest benefits, given the headwinds the economy faces from a moribund housing sector and growing financial turmoil in Europe. This together with what Robert Reich […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-7577","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/7577","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=7577"}],"version-history":[{"count":9,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/7577\/revisions"}],"predecessor-version":[{"id":7581,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/7577\/revisions\/7581"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=7577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=7577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=7577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}