Currently viewing the tag: "stimulus"

The media, due to nothing else but bare repetition by Kasich, continues to report that the Kasich budget “solves” an $8 billion deficit.  Except, the media has never bothered exploring exactly how one reaches that number… and just how implausible of a basis that is.

Back on March 24th, the Director of the Office of Budget and Management Tim Keen held a press gaggle/conference in which he tried to explain how the State was solving a supposed $8 billion deficit while increasing General Revenue Fund spending by over $5 billion.

Here’s the baseline that Keen said they came up with […]

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He’s been in Ohio almost as much as Bush cleared brush in Crawford.

Much of the national media mentioned that Obama mentioned Ohioan House Minority Leader John Boehner, by name, eight times.  There’s a reason why.

Public Policy Polling (PPP) recently found that not even voters in Ohio want to see John Boehner become the Speaker of the House.

Only 28% of voters in the state want Boehner to become Speaker of the House if Republicans get the majority this fall while 44% explicitly say they want someone else and 28% are unsure. Republicans do by […]

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The Columbus Dispatch reports that a group of Ohio contractors from the Ohio Contractors Association, a group that has overwhelming endorsed Republicans in the past, told Congresswoman Mary Jo Kilroy and U.S. Transportation Secretary Ray LaHood that the federal stimulus helped them avoid disaster.

Without the stimulus, the contractors said that they would have had to cut their workforce another 20% in order to try to survive.

Again, yet another group that refuses to get that the stimulus didn’t work in Ohio.

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Ah, the good old days when “talking down the economy” was a bad thing. Remember? Republicans squealed that it was downright un-American to even say the R word. Recession? What recession? George W. Bush and his tax cuts were GOOD to the economy! There will be no talk of recession.

Hell, if you listen to one wingnut blogger in Ohio in particular you may have indeed thought the economy was gonna make a full on recovery in December of 2008.

Doh!

Yeah. Not so much. Remind me not to take Blumer to Scioto Downs.

Now […]

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Here’s the press release.

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You could probably have figured this out by now.? The more liberal economist is saying the stimulus was not big enough and another infusion will be needed to get the economy fully on track.? The more conservative economist is saying the stimulus has been a disaster and is not working, proving that big government is bad.

The snipping is all well and good.? Those less likely to inject politics into the mix admit the stimulus is working to, um, stimulate the economy despite it’s failings:

But with roughly a quarter of the stimulus money out the door after nine […]

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My friends at the Alliance for American Manufacturing directed me to this depressing article on the “Fastest Dying Cities” from Forbes. It says that Youngstown, Canton, Dayton and Cleveland are among the “worst” cities.

Luckily, AAM also linked me to this video about how this destruction of my home state can be reversed:

It looks like the federal government is extending a hand, but where are the companies – and the jobs? The fact that 84% of the stimulus money set aside for investing in clean energy has gone to foreign companies tells me something is […]

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Surprise! Surprise! Surprise! So much for conservative ideology:

The list of governors threatening to decline federal stimulus money last month read like a list of Republicans considering running for president in 2012: Govs. Mark Sanford, Bobby Jindal and Sarah Palin led the anti-stimulus charge.

But what began with a bang is ending with something closer to a whimper. All three of those governors have been forced to scale back their expectations, to varying degrees, as the push of conservative philosophy gave way to the pull of political reality.

All three found that praise from the conservative movement in Washington […]

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YaY AIG Outrage!

On March 24, 2009 By

NEW YORK (Reuters) – In an ironic twist, public anger about massive bonuses at bailed-out insurer American International Group may have helped big investors land a sweeter deal in the U.S. government’s latest financial rescue plan.

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Did I get this right? Did the all seeing, all hearing, MahaRushie just call the tea party whackjobs lynch mobs? Surely not:

“A lynch mob is expanding: the peasants with their pitchforks surrounding the corporate headquarters of AIG, demanding heads. Death threats are pouring in. All of this being ginned up by the Obama administration.” Limbaugh later claimed, “This $500,000 limit on executive pay — let me tell you why it won’t work. New York City will die. New York City needs a whole bunch of people being paid a whole lot of money, so they can tax their butts […]

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Early Take on AIG Hearing

On March 18, 2009 By

So the Republican talking point is that AIG never should have been given any money and the stimulus should have never been passed.

The Democratic talking point is that AIG executives should not be so greedy.

Rinse. Repeat.

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