SMRs and AMRs

Saturday, February 20, 2010

NYT editorial: Truth and Fiction on the Stimulus Bill

It was a pleasure to see President Obama come out swinging this week and win a round in the long-running fight with Republicans over the $787 billion stimulus bill.

On Wednesday, the first anniversary of the signing of the package into law, Mr. Obama and other administration officials detailed the success of the stimulus while Republicans kept trying to label it a failure. Democrats did not shy from pointing out that many Republicans who voted against the stimulus then lobbied to get some of the money for their districts.

(The Wall Street Journal assembled a particularly telling hall of shame by using the Freedom of Information Act to obtain letters written by more than a dozen Republican lawmakers to various government agencies, asking that stimulus money be awarded for job-creating projects in their districts.)

There is virtually no dispute among economists that the stimulus prevented a bad recession from becoming much worse. Among other things, it has preserved or created 1.6 million to 1.8 million jobs, according to various private sector analyses, and it is expected, ultimately, to add a total of roughly 2.5 million jobs.

(More here.) This is the Wall Street Journal article referred to in the editorial above:)

Democrats Target Stimulus Critics Who Sought Funds

Some Republicans Who Slammed $787 Billion Program Also Sought Funds for Projects in Their Districts, Letters Show

By LOUISE RADNOFSKY

WASHINGTON—Democrats, stung by criticism of their $787 billion economic-stimulus plan, are targeting Republicans who have attacked the program and then lobbied to get money for their districts.

More than a dozen Republican lawmakers supported stimulus-funding requests submitted to the Department of Labor, the Environmental Protection Agency and the Forest Service, in letters obtained by The Wall Street Journal through the Freedom of Information Act.

The stimulus package passed last February with no Republican votes in the House of Representatives. In the Senate, just three Republicans supported it: Olympia Snowe and Susan Collins of Maine and Arlen Specter of Pennsylvania, who later switched to the Democratic Party.

Lawmakers routinely send letters in support of federal funding for projects in their constituencies; some Republican lawmakers have deliberately avoided sending requests for stimulus dollars because of their opposition to the bill.

(Continued here. The letters that the GOP lawmakers wrote are here.)

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