Even the Congressional Budget Office recognizes that any small positive effect of the stimulus bill would be erased by long-term economic stagnation and debt. And that was the previous version of the legislation. As Joshua points out from the Wall Street Journal, the "compromise" version the House votes on today is even worse:The latest version of the economic-stimulus package is expected to provide less near-term support for the economy and make it less likely that the economy will pull itself out of recession before late this year. Meanwhile, Karen Hanretty (via Jon Henke) explains why Barack Obama and the Democrats are trying to speed this disaster through:President Obama is in a race against time. Because you don’t build … [Read more...]
Debt-Free GOP Can Thank Wadhams; Now to Focus on Grassroots Rebuilding
From this morning's Denver Post, the best case for keeping Dick Wadhams as the state GOP chairman:For the first time since 2002, the Colorado Republican Party can say it's debt-free. Covering the party's $580,000 in debts is a testament to Dick Wadhams' hard work, commitment, and connections. In the absence of any more viable alternatives, a pledge from Wadhams to focus his energy on the 2010 statehouse races ought to make him the frontrunner to keep the job. That being said, for all our sakes, I hope that Wadhams and the state GOP staff are attuned to the debate going on at The Next Right and prepared to plug into the growing coalition at Rebuild the Party. Not to mention the good advice of thoughtful folks like hard-working … [Read more...]