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I think some in DC are making a big mistake calling for a second stimulus before the 2012 elections

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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-02-09 11:22 AM
Original message
I think some in DC are making a big mistake calling for a second stimulus before the 2012 elections
I know the congress wants it as a campaign issue for 2010 but 2012 is much more important. Any second stimulus should be saved for the presidential reelection campaign.
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-02-09 11:30 AM
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1. I think they want a second because they stupidly put too much delay in the first
Most of the first stimulus has preplanned targets that wont let it be spent before next year, likely set up to be a campaign boost for 2010.

But the country needs the spending now, not next year, so........
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MarjorieG Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-02-09 11:34 AM
Response to Reply #1
2. I think targeted infrastructure called for, but highway $500B just shot down.
Call it appropriations or committee bill that creates jobs. We do need more unemployment.
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99 Percent Sure Donating Member (355 posts) Send PM | Profile | Ignore Sun Aug-02-09 12:35 PM
Response to Original message
3. The call for a 2nd stimulus is because the
critters realize that this first one was too small, as many of the best economists warned. But don't worry, it ain't gonna happen anytime soon, if at all. Anyway, President Obama is not that in to it, at least not so far.
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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-02-09 01:01 PM
Response to Reply #3
4. It needs to be timed for best political advantage. I'm not referring to the necessity
or pros or cons of a second stimulus.
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