A point you’ll doubtless hear made by Democrats come 2010 if, as expected, the stimulus hasn’t done much stimulating. TARP’s failure has already left the GOP trapped on the deck with Barry O; to the extent that McConnell et al. end up opposing the new bill, it’s just their way of making a late dash for the lifeboats.
Note the point about generational theft, too. The One dropped this near the end of this morning’s speech:
That’s why I’m asking Congress to work with me and my team day and night, on weekends if necessary, to get the plan passed in the next few weeks. That’s why I’m calling on all Americans – Democrats and Republicans – to put good ideas ahead of the old ideological battles; a sense of common purpose above the same narrow partisanship; and insist that the first question each of us asks isn’t “What’s good for me?” but “What’s good for the country my children will inherit?”
Exit quotation: “Bottom line: Obama’s prescription for economic pain will at most be useless in encouraging short-term growth, while ensuring anemic longer-term growth for the next decade (and beyond) at the expense of Obama’s kids and my kids and yours.”