ArlJim78
03-10-2009, 01:38 PM
http://thehill.com/leading-the-news/house-dems-eyeing-another-stimulus-bill-2009-03-10.html
Oh yeah, its coming. The Capital Hill braintrust is already hard at work finding ways to justify it. this time the buzzword is confidence. as in we need to move ahead and be confident about spending more money.
it sounds like they really believe the mantra that they are all repeating "let's not waste a good crisis"
the highlights;
"At a special meeting of the Democratic Steering and Policy Committee on Tuesday morning, Democrats heard again from their trusted band of economists and came away reinforced that Congress would need to spend billions of additional taxpayer dollars in the coming months to help pull the economy out its severe recession"
“We are going to need more taxpayer money,” Mark Zandi, the chief economist at Moody’s Economy.com and a key economic adviser to congressional Democrats"
“Whether this is enough, I think, is still unknown,” she added. “The risks are all on the side of under-reaching, not overreaching.”
“The policy directions that we have been undertaking along with the Obama administration are the right course,” Miller’s co-chairwoman, Rep. Rosa DeLauro (D-Conn.), said. “Do they need to be adjusted potentially? Yes. We are not frozen in the sand.
“We should not be timid in these actions,” DeLauro continued. “When we have the confidence to move to address these problems in a forthright way and not be able to talk about spending dollars, then we will build the confidence in the American public that, in fact, we are doing the job that needs to get done to provide them with the economic security that they need to survive and take care of their families.”
So its full speed ahead. The risk is all on the side of doing less they say.
As they said in Toy Story "To infinity!, and beyond", which is where our deficit is heading.
Oh yeah, its coming. The Capital Hill braintrust is already hard at work finding ways to justify it. this time the buzzword is confidence. as in we need to move ahead and be confident about spending more money.
it sounds like they really believe the mantra that they are all repeating "let's not waste a good crisis"
the highlights;
"At a special meeting of the Democratic Steering and Policy Committee on Tuesday morning, Democrats heard again from their trusted band of economists and came away reinforced that Congress would need to spend billions of additional taxpayer dollars in the coming months to help pull the economy out its severe recession"
“We are going to need more taxpayer money,” Mark Zandi, the chief economist at Moody’s Economy.com and a key economic adviser to congressional Democrats"
“Whether this is enough, I think, is still unknown,” she added. “The risks are all on the side of under-reaching, not overreaching.”
“The policy directions that we have been undertaking along with the Obama administration are the right course,” Miller’s co-chairwoman, Rep. Rosa DeLauro (D-Conn.), said. “Do they need to be adjusted potentially? Yes. We are not frozen in the sand.
“We should not be timid in these actions,” DeLauro continued. “When we have the confidence to move to address these problems in a forthright way and not be able to talk about spending dollars, then we will build the confidence in the American public that, in fact, we are doing the job that needs to get done to provide them with the economic security that they need to survive and take care of their families.”
So its full speed ahead. The risk is all on the side of doing less they say.
As they said in Toy Story "To infinity!, and beyond", which is where our deficit is heading.