SMRs and AMRs

Sunday, September 11, 2011

Rise of the Fallen?

By CHARLES M. BLOW
NYT

The man was on fire!

President Obama was champing at the bit during Thursday night’s speech to a joint session of Congress. He’d had it with those do-nothings. He was going to show everyone that he could be tough — and he did.

So why does it feel as if we’ve been here before? Why does it feel as if we’ve heard him “give it to them” before only to have him lighten up and give in later? Because we have, that’s why.

Yes, Thursday’s speech was an encouraging shift in tone with a meaty jobs plan of the president’s own design.

Mark Zandi, chief economist of Moody’s Analytics, even gave USA Today a glowing review of the plan. The paper reported it this way: “The plan, if enacted would boost economic growth next year by 2 percentage points and create two million additional jobs.” Of course, it will never be passed as is, but the positive analysis is still a nice feather in the president’s cap.

(More here.)

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