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How Much Say Should GOP Have in Stimulus Package?

In a spirit of bipartisanship, President Obama met with Republican leaders today to listen to their concerns about the proposed $825 billion stimulus package, which will hopefully create between 3 to 4 million jobs. While Obama may listen, there's no indication that he feels obliged to implement GOP suggestions. Politico reports that during the talks Obama pointed out "I won."

Some of the Republican concerns include:

  • The amount being spent on the package.
  • The inclusion of tax credits for those who do not pay income taxes.
  • An inadequate amount of middle class tax cuts.

Despite Obama's assertion of his political capital, GOP leaders did appear somewhat content with the course of the meetings. Senate Republican leader Mitch McConnell said that Congress would likely meet the mid-February deadline for passing the package.

How seriously should Obama, and the Democrats, take GOP concerns?


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stephley stephley 7 years
1) Obama has more than one economic advisor. You cherry pick the sources you use to suit your purpose. While the advisor to whom you refer probably does draw from something he learned in school, I am sure he draws far more on his own years of professional experience in his study of causes and effects. 2) I very likely am far more aware than you of the economic problems Reagan inherited from Carter as I reported on them in Washington DC. 3) I do not denigrate higher learning, I simply recognize when someone is pressing an argument based on points they have studied rather than personal or professional experience. 4) I understand what a "right" is, both practically and legally. You recently demonstrated that you have studied the concept but still are weak on application.
stephley stephley 7 years
1) Obama has more than one economic advisor. You cherry pick the sources you use to suit your purpose. While the advisor to whom you refer probably does draw from something he learned in school, I am sure he draws far more on his own years of professional experience in his study of causes and effects. 2) I very likely am far more aware than you of the economic problems Reagan inherited from Carter as I reported on them in Washington DC. 3) I do not denigrate higher learning, I simply recognize when someone is pressing an argument based on points they have studied rather than personal or professional experience. 4) I understand what a "right" is, both practically and legally. You recently demonstrated that you have studied the concept but still are weak on application.
organicsugr organicsugr 7 years
You're right steph. It's very much about what has been tried. Your opinion shows that you don't know the economic problems that Reagan inherited from Carter (by some measures worse than the economic crisis today), or how FDR's policies extended the recession he inherited to over ten years. The reason that you can't "educate" me as to why tax cuts are not reasonable is simply because you don't know why they are not. But even if you want to stay inside an ideological box, you can look at Obama's economic advisor's study which studies the history of the cause and effect of tax cuts vs. GDP. It isn't my economic theory from class, it is Obama's economics advisor's theory. But it's probably just based on something he learned in school. I'm not sure what the denigration of higher learning is about. From what I've seen, you seem to think education is a "right," even if you don't really know what the word means.
organicsugr organicsugr 7 years
You're right steph. It's very much about what has been tried. Your opinion shows that you don't know the economic problems that Reagan inherited from Carter (by some measures worse than the economic crisis today), or how FDR's policies extended the recession he inherited to over ten years.The reason that you can't "educate" me as to why tax cuts are not reasonable is simply because you don't know why they are not. But even if you want to stay inside an ideological box, you can look at Obama's economic advisor's study which studies the <b>history of the cause and effect</b> of tax cuts vs. GDP. It isn't my economic theory from class, it is Obama's economics advisor's theory. But it's probably just based on something he learned in school.I'm not sure what the denigration of higher learning is about. From what I've seen, you seem to think education is a "right," even if you don't really know what the word means.
stephley stephley 7 years
It's not up to me to educate you on how tax cuts are not a "reasonable" way to deal with the current worsening economic issues. If you've been unconscious, asleep or unable to evaluate causes and effects over the past 30 years in US economic history, that's not my fault. This isn't about MY economic theory versus the one you like best from class - it's about what has been tried and what needs to be done now to prevent the US and individuals from losing potentially productive years to economic collapse.
stephley stephley 7 years
It's not up to me to educate you on how tax cuts are not a "reasonable" way to deal with the current worsening economic issues. If you've been unconscious, asleep or unable to evaluate causes and effects over the past 30 years in US economic history, that's not my fault. This isn't about MY economic theory versus the one you like best from class - it's about what has been tried and what needs to be done now to prevent the US and individuals from losing potentially productive years to economic collapse.
organicsugr organicsugr 7 years
"BI-partisonship, not non - and change requires new ideas, which the Republicans are not offering. When they come up with something reasonable to deal with the ever worsening economic crisis Obama's faced with now, I'm sure he'll listen. We've heard the tax cut idea though, over and over and over..."And Obama's own economics advisor shows that tax cuts are a much better way to solve the crisis than ridiculous government expansion. I'm failing to see how tax cuts are not a "reasonable" way to deal with the economic issues. Please explain your economic theory.
organicsugr organicsugr 7 years
"BI-partisonship, not non - and change requires new ideas, which the Republicans are not offering. When they come up with something reasonable to deal with the ever worsening economic crisis Obama's faced with now, I'm sure he'll listen. We've heard the tax cut idea though, over and over and over..." And Obama's own economics advisor shows that tax cuts are a much better way to solve the crisis than ridiculous government expansion. I'm failing to see how tax cuts are not a "reasonable" way to deal with the economic issues. Please explain your economic theory.
stephley stephley 7 years
BI-partisonship, not non - and change requires new ideas, which the Republicans are not offering. When they come up with something reasonable to deal with the ever worsening economic crisis Obama's faced with now, I'm sure he'll listen. We've heard the tax cut idea though, over and over and over...
Great-Sommelier Great-Sommelier 7 years
:true:
Great-Sommelier Great-Sommelier 7 years
:true:
Katie-Kat398180 Katie-Kat398180 7 years
This argument of "Bush did it (ignored the other side), so why is it such a big deal if Obama does it" is ridiculous. Think about the logic here. People didn't like Bush because of the things he did. If what he did was wrong, why would we want the new president to do the same thing? This isn't a two wrongs make a right situation. If Obama is going to bring change and non-partisonship to the office of president, then he needs to do it by listening to all sides of the argument.
StolzeMama StolzeMama 7 years
I refuse to think of social security as taxes... it is an insurance plan.
StolzeMama StolzeMama 7 years
Pop- I apologized.... I made a mistake.
beavis667 beavis667 7 years
Zero. Let the Democrats hang themselves.
Great-Sommelier Great-Sommelier 7 years
:oy: It's just getting sad.
Great-Sommelier Great-Sommelier 7 years
:oy: It's just getting sad.
stephley stephley 7 years
Nah, I've seen some of your posts elsewhere.
Great-Sommelier Great-Sommelier 7 years
Steph, you can't be surprised if everyone looks at your posts as some kind of instigatory thing. But if you are truly up for discussion I am more than game.
organicsugr organicsugr 7 years
I implore everyone who thinks government spending is the way out of recession to look at a study done by Obama's top economics advsior. http://www.econ.berkeley.edu/~cromer/RomerDraft307.pdfIn case you don't care to read it:It is generally thought that every $1 in government spending increases GDP by $1.40. Romer finds that every $1 of tax cuts increases GDP by $3.00. Anyone who thinks this increase in size of government has to do with the recession is kidding themselves.
organicsugr organicsugr 7 years
I implore everyone who thinks government spending is the way out of recession to look at a study done by Obama's top economics advsior. http://www.econ.berkeley.edu/~cromer/RomerDraft307.pdf In case you don't care to read it: It is generally thought that every $1 in government spending increases GDP by $1.40. Romer finds that every $1 of tax cuts increases GDP by $3.00. Anyone who thinks this increase in size of government has to do with the recession is kidding themselves.
stephley stephley 7 years
Actually GS, I was just wondering how to work the two ideas together, but never mind.
organicsugr organicsugr 7 years
"Where were they a few months ago and definitely in the last 8 years.All of a sudden they are concerned about the rising debt? Give me a break."So, you think we can spend our way out this depression? And solve a credit crisis by taking on more debt?
organicsugr organicsugr 7 years
"Where were they a few months ago and definitely in the last 8 years. All of a sudden they are concerned about the rising debt? Give me a break." So, you think we can spend our way out this depression? And solve a credit crisis by taking on more debt?
mommie mommie 7 years
Where were they a few months ago and definitely in the last 8 years. All of a sudden they are concerned about the rising debt? Give me a break.
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