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December 2, 2014

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Feb. 11, 2009 / 17 Shevat 5769

The president's porkalooza

By Jack Kelly

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http://www.JewishWorldReview.com | Barack Obama is making an unforced error which will define his presidency, and could shorten it. It's puzzling why.


It's very much in the president's interest for Congress to pass an economic stimulus package that will work, because if the economy sinks further, it eventually will reflect upon him. And it is very much in the president's interest to have a package that wins support of a quarter to a third of the Republicans in Congress, both because the public loves bipartisanship, and to spread the blame if the stimulus doesn't work.


But the president has embraced a porkalooza that does neither, and he's marketing it with harsh, partisan rhetoric that undermines the image he cultivated during the campaign. Failure to pass the measure as is would be a "catastrophe," he says. It's critics are unpatriotic, he implies.


The shrillness of his rhetoric suggests Mr. Obama fears he may lose. But the great danger to him is that he may win.


More than half a million jobs have been lost in the private sector, yet there is almost nothing in the upwards of $827 billion stimulus package that would help businesses, because its purpose is to grow the government, not the economy.


Though the porkalooza spends more money than there currently is in circulation (the Federal Reserve estimates that at $800 billion), the normal procedures of committee hearings and consideration were short-circuited. There are only two reasons for doing this. The first is to give the appearance of bold, decisive leadership in response to the crisis. But this could have been done with a smaller package -- say a six month suspension of payroll taxes and a $2,000 tax credit for purchase of a new car in 2009 -- that actually would stimulate the economy this year, and which would draw strong bipartisan support. The second is to sneak through payoffs to Democratic constituencies so blatant they would have been unlikely to survive the normal hearing process, even with the swollen Democratic majorities in Congress.


"This is probably the worst bill that's been put forward since the 1930s," said Harvard economist Robert Barro. "It's wasting a tremendous amount of money. It has some simplistic theory that I don't think will work, so I don't think the expenditure stuff is going to have the intended effect. And the tax cutting isn't really geared towards incentives...It's more along the lines of throwing money at people. On both sides I think it's garbage."


The Congressional Budget Office thinks the porkalooza will have very little impact in 2009, and that in the years after 2010 actually will reduce economic growth.


Few economists -- none associated with this administration -- predicted the subprime mortgage crisis. Two who did were Nouriel Roubini and Peter Schiff. Prof. Roubini thinks the stimulus package reprises the mistakes of Japan's "lost decade." Mr. Schiff says the porkalooza is an "unmitigated disaster" which will produce severe stagflation in 2010 and beyond.


And Barack Obama and the Democratic party will own it.


According to a Gallup Poll published Feb. 3, 75 percent of Americans agree a stimulus bill should be passed right away. But the more Americans learn what's in this bill, the less they like it. According to a Rasmussen poll published Feb. 4, only 37 percent of Americans want the porkalooza passed as is, while 43 percent are opposed. When Rasmussen polled on the question Jan. 21, when few details were available, 45 percent supported the measure, while just 34 percent were against it. In the Feb. 3 Gallup Poll, only 38 percent of respondents wanted the bill passed as is, while 37 percent wanted major changes, and 17 percent wanted no bill at all.


Democratic majorities in the House and Senate are sufficiently large to pass the porkalooza pretty much as is, and that's where the danger lies. As more details of what's in it become known, already tepid support will cool further. And if the economy doesn't turn around, support for the president will plummet.


By passing the porkalooza, Barack Obama hopes to build a permanent Democratic majority. But he's more likely to reprise the Carter administration.

Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

JWR contributor Jack Kelly, a former Marine and Green Beret, was a deputy assistant secretary of the Air Force in the Reagan administration. Comment by clicking here.

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© 2008, Jack Kelly

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