Thursday, February 5, 2009
What Is Congress Stimulating?...............
Contrary to conventional Beltway wisdom, the House Republicans' zero votes for the Obama presidency's stimulus "package" is looking like the luckiest thing to happen to the GOP's political fortunes since Ronald Reagan switched parties. If the GOP line holds, the party could win back much of the goodwill it dissipated with its big-government adventures the past eight years. For starters, notwithstanding the new president's high approval rating, his stimulus bill (ghost-written by Nancy Pelosi) has been losing altitude with public opinion by the day. People are nervous. Then after Tim Geithner scampered through the tax minefield and into a Cabinet seat, the Daschle tax bomb went off, laying open for public view the world of Washington's pay-for-favors that makes the average Wall Street banker look like Little Bo-Peep...Link
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