‘Have We Learned Nothing?’ The Dems'

New Post Public Reply Private Reply Replies (1) Message Board
dbergh Bhawks #35664
194
‘Have We Learned Nothing?’


The Dems' Christmas-tree bailout pitch isn’t going anywhere, but tells us a lot about what we might be headed for.

In 2009, Republicans successfully branded President Barack Obama’s stimulus bill as a dog’s breakfast of traditional big-government spending—including “sod on the Mall,” “smoking cessation,” “herpes prevention” and other line items that didn’t even make it into the final bill. Now some former Obama aides are afraid congressional Democrats might be walking into the same “Porkulus” trap. Obama’s $800 billion Recovery Act helped end the Great Recession, but Republicans hammered away at its laundry-list optics so relentlessly that within a year, the percentage of Americans who believed it had created jobs was smaller than the percentage who believed Elvis was alive. Like Winston Churchill’s apocryphal pudding, the Obama stimulus lacked a theme, and Democrats seem to be repeating their public relations mistakes.


“Have we learned nothing?” asked Jared Bernstein, who worked on the Recovery Act as chief economist to Vice President Joe Biden in the Obama White House.

It’s not just that the House bill veers away from the pandemic or even the economy. The bill simply reads like a typical congressional appropriations bill, with plus-ups like $100 million for NASA construction and environmental compliance and the Legal Services Corporation, as well as $300 million for the National Endowment for the Arts, National Endowment for the Humanities and Corporation for Public Broadcasting. The only real difference is boilerplate language justifying most of the plus-ups “to support activities to prevent, prepare for and respond to coronavirus,” from the $20 million for the Bureau of Reclamation to the $33 million for the National Oceanic and Atmospheric Administration.



Congressional leaders didn’t use the House draft as the basis for the stimulus deal they struck early Wednesday morning, but they did fund quite a few of its provisions—from modest items with little connection to the pandemic, like $12.5 million for the Bureau of Reclamation or $25 million for the Kennedy Center, to $25 billion for ravaged transit agencies. And Congress is expected to pass more stimulus bills in the coming months, so the House proposal still bears a very close look as a preview of how Democrats plan to use their leverage. It also gives Republicans some talking points about the random taxpayer-funded goodies their opponents are pushing during a crisis.

https://www.politico.com/news/magazine/2020/0...ats-148512
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Hisense and UEFA 2028: A Winning Partnership Experience

Updated Category News Views 3

Hisense Extends its UEFA Adventure You ever get the feeling that some partnerships are like a football match made in heaven? Well, Hisense surely seems to think so as they've renewed their gig with UEFA for the 2028 European Championship. That's their fourth tango with UEFA, a relationship that's matured like a fine wine since it all kicked off in 2016. Now, if you're...

Continue Reading
Innovation Drives New Asia-Pacific Opportunities

Updated Category News Views 1

A Glimpse Into The Future: Asia-Pacific's Tech Landscape There's a unique transformation bubbling across the Asia-Pacific scene, with young minds pushing the envelope on technology and innovation. Take Nathapol's team from Thailand, for example. They're merging bionic tech with drones for disaster relief—bold, ambitious, and nearly clinching glory at the Lancang-Mekong...

Continue Reading
USF Law Innovators: Leading AI Integration in Academics

Updated Category News Views 2

Revolutionizing Legal Academia with AI If there's one thing that's caught my eye in the realm of education, it's how some folks over at the University of San Francisco School of Law are shaking things up. These legal eagles aren't messing around with the usual, archaic ways of teaching the law. Nope, they've dove headfirst into the future by hooking their curriculum to...

Continue Reading
University of Phoenix Boosts Networking Strategies

Updated Category News Views 1

Building Networks: A Key to Professional Growth Listen up, because everyone and their dog is gabbing about mentorship and networking these days—and for good reason. The University of Phoenix is cracking this nut open with their latest webinar, "Build the Network That Advances Your Career: Mentors, Peers & Community," happening on September 17th. They're not just...

Continue Reading
PROCEPT Faces Legal Storm Over Sales Practices Missteps

Updated Category News Views 1

Investors Take Aim: A Legal Showdown on the Horizon There's a brewing storm over at PROCEPT BioRobotics—ticker NASDAQ:PRCT if you're tracking. These folks are knee-deep in a securities class action lawsuit from investors who’ve taken a financial wallop. The lawsuits are triggered by allegations of shady sales techniques that artificially bumped up their unit sales...

Continue Reading
TECNO Unleashes New Laptops & Phones at IFA 2026

Updated Category News Views 2

A Bold Leap by TECNO You walk into the IFA ShowStoppers 2026 event, and what’s greeting you is a flashy splash of next-gen tech from TECNO. Now, if you thought this brand was only about pushing phones, you're in for a ride. TECNO has crashed the laptop party with its new MEGABOOK T15 360 Series, showing it’s more than capable of straddling the tablet and laptop worlds...

Continue Reading
Reolink Unveils OMVI 2i Ultra at IFA 2026

Updated Category News Views 2

Reolink's Bold Move Into the Future of Home Security Amidst the hustle of Berlin's IFA 2026, Reolink dropped its latest gem: the OMVI 2i Ultra—an all-in-one security powerhouse promising to change the game for home protection junkies. As usual, Reolink's got its eyes on the prize, pushing boundaries with this latest lineup. OMVI 2i Ultra: Dual-View Revolution If you've...

Continue Reading
Doug Larson Takes Helm at Integra Pool Covers

Updated Category News Views 2

A Seasoned Pro Joins Integra Pool Covers Change is afoot over at Explore Industries. They just tapped Doug Larson to be the General Manager for their Integra Pool Covers division. Now, I've seen plenty of hiring announcements in my day, but this has got an interesting ring to it. With Doug on this ship, it's like bringing a wolf back to the wild. Larson's no stranger to...

Continue Reading
Smithfield's Foreign Lobbying Interests Unveiled Amid Uproar

Updated Category News Views 2

A Behind-the-Scenes Drama Over Lobbying Disclosure Something's fishy beneath the surface of Smithfield Foods' recent lobbying debacle. The Center for Responsible Food Business (CRFB) has turned the spotlight on some shady practices, and folks, it ain't pretty. Smithfield's lobbyists had been ducking disclosure rules apparently meant to keep track of foreign influence. Who...

Continue Reading
PlugClaw: TrustKernel's AI Gadget Tackles Privacy Hurdles

Updated Category News Views 2

A Handy Revolution in AI Computing You know, every now and then, a gadget shows up that flips the scene on its head. Enter TrustKernel's PlugClaw. It's not every day you see a whole computer in something barely the size of your thumb, yet this one does exactly that. Weighing in at a measly 15 grams and armed with a MediaTek Helio G80, we're looking at a USB-C stick that's...

Continue Reading

Top 5 Most Recently Viewed Articles

Snowflake's Options Activity: Insights from Recent Trends

Updated Category News Views 64

Understanding the Options Activity Surge in Snowflake Investors are making significant moves regarding Snowflake (NASDAQ: SNOW), signaling noteworthy trends that retail traders should pay close attention to. Recently, data from options trading has revealed a substantial uptick in activity, which appears to be driven by major investors with considerable capital. The...

Continue Reading
Stingray Expands Digital Horizons with Loupe Art Acquisition

Updated Category News Views 213

Stingray's Strategic Acquisition of Loupe Art Stingray, recognized for its leadership in music and video content distribution, has made a significant move by acquiring Loupe Art. This acquisition focuses on bolstering Stingray's offerings in the Connected TV and digital signage arenas, further solidifying its reputation in the digital media landscape. Enhanced Offerings...

Continue Reading
Rivian's Federal Loan Under Review Amid Key Changes in Management

Updated Category News Views 296

Rivian Automotive's $6.6 Billion Loan Faces Uncertainty Rivian Automotive Inc.'s funding for its ambitious electric vehicle manufacturing plant has entered a precarious phase. The company's $6.6 billion federal loan, pivotal for its operations, is currently under review due to actions led by the previous administration. The Current Situation Insights from Georgia's...

Continue Reading
Cutting Tool Inserts Market Growth Driven by Additive Manufacturing

Updated Category News Views 62

Cutting Tool Inserts Market Growth Driven by Additive Manufacturing The Global Cutting Tool Inserts Market is poised for substantial growth, with expectations of increasing by USD 2.12 billion within a designated period. This remarkable growth reflects a compound annual growth rate (CAGR) of over 5.8%, a trajectory powered significantly by advancements in artificial...

Continue Reading
ORR Protection Welcomes New CEO Woodie Andrawos Amid Growth

Updated Category News Views 301

Woodie Andrawos Appointed as Chief Executive Officer of ORR Protection ORR Protection has taken a significant step forward in its evolution by appointing Woodie Andrawos as the new Chief Executive Officer. He succeeds Ray Aldridge, who has served the company with dedication for over three decades. This leadership change marks a pivotal moment, reflecting ORR's commitment...

Continue Reading