Wednesday, September 14, 2011
Obama Jobs Bill
Understanding that Americans want to get back to work, and that something to get us out of the economic doldrums would better be done sooner than later, I think back to two other major pieces of legislation that Obama insisted had to be passed in a big hurry: the so-called "stimulus bill" and "Obamacare." I think it safe to say that neither of those efforts has proven to be as advertised, and many say they are both a net drag on the economy, even though Obamacare has not even taken full effect yet.
Given that recent history, if I were in Congress I would make it a point to read every word of Obama's latest production, and parse every phrase to make sure there aren't any poison "easter eggs" in it. One instance of "we have to pass it to see what's in it" was too many, and we don't need Congress to be stampeded into passing another turkey.
So take your time, Congress, I implore you. Don't take Axelrod at his word, and be very circumspect about what action you take. And don't forget that sometimes taking a step back and re-evaluating what's been done before is the best thing to do before taking further action.
Labels: Congress, Economics, Economy, Jobs, Obama, Recession, Stimulus