Saturday, February 21, 2009

Stimulus Truth, Radio Fiction **

**All GOP lies mentioned below have been a prominent feature on WBSM local radio.

GOP fed media have mislead on Economic Recovery Plan ( Stimulus), devised stories about non existent earmarks and pork, and conflated the Plan with Housing Relief and TARP initiatives.

In truth the Stimulus is very simple and uncontroversial. The following are two succinct reports on the Stimulus, its basic Keynesian multiplier rationale, and the specific areas it targets:




GOP minions have also tried to bury the bill's tax cut - largest tax cut in US history - in favor of lies about marsh mice and lies about Harry Reid and rail. In fact, according to the Globe, "the signature two-year "Making Work Pay" tax break will affect 95 percent of working families, and, in six weeks' time, a typical family will start taking home at least $65 more every month."

As Frank Rich pointed out several weeks ago, this Herbert Hooverism plays well in the blogosphere but earns negative equity amongst the public at large. As David Frum admits below, the GOP is not trusted, has minus 8 years of integrity, and is deaf to the public thirst for "solutions first." Even the immediate payroll tax relief he proposes is part of Obama's plan.



Frum is engaged in true patriotism and party loyalty, not convenient dissent and blind party allegiance. Here's an example of the latter, where a SouthCoast GOPer ignores his party's foibles and paints his actions as principled and patriotic. Oh, and as befits a WBSM fan, he lies about the Stimulus by peddling a partial CBO study.

Saturday, February 14, 2009