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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. 5, 2009 / 11 Shevat 5769

Stimulus in Spend City

By Debra J. Saunders

Debra J. Saunders
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http://www.JewishWorldReview.com | Back in October, after the Obama economic stimulus plan had grown from $60 billion to $175 billion and House Speaker Nancy Pelosi had doubled the amount she wanted to spend to $300 billion, I asked, "Do I hear $450 billion?"


Clearly Washington has moved beyond parody. President Obama's stimulus package started at $775 billion; the House enhanced the bill to the $819 billion mark; senators have been toying with a bill that flirts with $900 billion.


Tuesday, Obama told CNN that he thought the House was "remarkably disciplined" in putting together a stimulus package. Two weeks in office, and already Obama is talking as if he's been in Washington for too long.


Granted, Obama rightfully is concerned with containing the recession — which he inherited. His first priority must be to staunch the loss of American jobs. Obama has little choice but to propose spending taxpayer money that Washington does not have.


Now the issue is how much.


Two schools of thought are at play. One side believes that the biggest danger is that Washington won't spend enough money to end the downward trend. Because this recession looks to last longer than your average nine-month slump and unemployment nationwide already is at 7.1 percent, only a huge swell can raise the boat.


They don't worry about how the accumulation of deficit spending will affect the economy in five or 10 years because, as economist Chad Stone of the nonpartisan but left-leaning Center on Budget and Policy Priorities explained, "We don't really have a choice. If we don't do the actions that produce the short-term run-up in debt now, then we just have the problem we're trying to avoid" — more debt and misery.


If Washington acts to reduce federal debt after the economy stabilizes, Stone added, public debt will shrink to manageable levels.


The other philosophy was plainly stated by Sen. Tom Coburn, R-Okla., in the Wall Street Journal on Wednesday: "As a nation, we got into this mess by spending and investing money that didn't exist. We won't get out of it by doing more of the same." Aide John Hart noted that Coburn believes the stimulus bill "is about spending money we don't have on things we don't need." Sens. Susan Collins, R-Maine, and Ben Nelson, D-Neb., are talking about shaving as much as $200 billion from the Senate stimulus package.


"I'm not a big fan of the current stimulus bill," Bob Bixby of the fiscal watchdog group the Concord Coalition told me. "They should spend more time worrying about where to spend the TARP (Troubled Asset Relief Program) money and how to spend TARP II. I think that's much more important for the future of the economy than what's in the stimulus bill."


Some of the tax cuts and spending make sense, Bixby noted, as they're directed at "people who could use help, people who are out of work, or stuff that will be pretty quickly injected into the economy." Put together a plan with the right tax cuts and quick spending, and the total "might add up to $400 billion," he said.


As for the billions that go to "green" buildings, federal hiring and other programs — that money should be allocated during normal appropriations.


Two more points.


First, Obama was right to argue with those who think that "tax cuts alone will solve all our problems." For one thing, some tax cuts won't stimulate the economy. "You lose the revenue, but you lose the revenue to people who don't spend it," Stone noted. For another, they add to the deficit. And worse, then you've got the problem of shutting them off.


Second, if Obama really wants to create good jobs, the stimulus package should advocate opening up the Arctic National Wildlife Refuge and Outer Continental Shelf to oil and gas drilling, as Sen. James Inhofe, R-Okla., suggested. It wouldn't cost taxpayers a dime, would raise federal revenue, create good jobs and decrease American dependence on foreign oil.


The very fact that Obamadom hasn't even thought to push for more drilling tells you that maybe this stimulus package isn't about jobs. It's about politics.

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© 2009, Creators Syndicate

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