The Mudcat Café TM
Thread #131828   Message #2977644
Posted By: Ebbie
01-Sep-10 - 01:15 PM
Thread Name: BS: The Changing Face of America?
Subject: RE: BS: The Changing Face of America?
The current issue of Time Magazine has a long - and detailed and interesting - article about the plans and the current efforts the government is making. Given that it sounds to me like the Administration got on them to do a story about it, it convinces me that a great many things are not known well enough by us, the people.

Recovery Act

"The American Recovery and Reinvestment Act of 2009 â€" President Obama's $787 billion stimulus â€" has been marketed as a jobs bill, and that's how it's been judged. The White House says it has saved or created about 3 million jobs, helping avoid a depression and end a recession. Republicans mock it as a Big Government boondoggle that has failed to prevent rampant unemployment despite a massive expansion of the deficit. Liberals complain that it wasn't massive enough.

"It's an interesting debate. Politically, it's awkward to argue that things would have been even worse without the stimulus, even though that's what most nonpartisan economists believe. But the battle over the Recovery Act's short-term rescue has obscured its more enduring mission: a long-term push to change the country. It was about jobs, sure, but also about fighting oil addiction and global warming, transforming health care and education, and building a competitive 21st century economy. Some Republicans have called it an under-the-radar scramble to advance Obama's agenda â€" and they've got a point."


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