Time is Not on Our Side

[babylonsister]

http://yglesias.thinkprogress.org/archives/2009/02/time_is_not_on_our_side.php

Time is Not on Our Side
Matt Yglesias

When you see conservative complaining that the stimulus bill is too expensive and won’t be fast-acting enough, keep in mind that had they not blocked stimulus last year on the grounds that it was too slow and expensive, we probably wouldn’t be in a position today where we need such a large fiscal expansion. The further down the spiral you go, the more aggressive you need to get to reverse the vicious cycle and the bigger the threat that eventual recovery will be accompanied by inflation.



http://www.huffingtonpost.com/scott-lilly/taking-responsibility-rep_b_160904.html

Scott Lilly
Taking Responsibility: Republicans Continue Recovery Obstruction

snip//

It is unfortunate that government cannot turn on the spigots of job creation more rapidly, and that the damage already done to households and businesses cannot be repaired more quickly. Those were facts that Rep. Lewis and his House Republican colleagues should have weighed more thoughtfully when they blocked a smaller stimulus package in September. Had it been passed and implemented then, money would now be flowing and the precipitous drops in monthly employment that we are now enduring might have been significantly softened.

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