Saturday, July 10, 2010
AS MUCH AS THE REPUBLICANS DON'T WANT TO HEAR IT
The New York Times reported today that Wall Street has again begun hiring in anticipation of an economic recovery. The shift underscores the effectiveness of President Obama's leadership in beginning to right the country's economy and in putting America back to work.
While immense challenges still remain on the road to full employment, the remarkable recovery of the biggest banks and brokerage firms is surely a leading indicator that recovery is well under way.
While Republicans and even a few blue dog Democrats continue to resist the additional economic stimulus that President Obama has called for, it is clear that additional, targeted economic stimulus, at the expense of short term spikes in the national deficit, is the economic medicine that most reputable economists prescribe. Not doing so will only slow or even stall the recovery which, after all, would seem to be the goal of the Republican leadership, whose only concern seems to be the midterm elections rather than the well being of the nation.
At least they are consistent, the Republicans being the party of NO, have said no to everything that President Obama has proposed and now they have said no to economic recovery as well.
Come November, Americans should say NO to them.
While immense challenges still remain on the road to full employment, the remarkable recovery of the biggest banks and brokerage firms is surely a leading indicator that recovery is well under way.
While Republicans and even a few blue dog Democrats continue to resist the additional economic stimulus that President Obama has called for, it is clear that additional, targeted economic stimulus, at the expense of short term spikes in the national deficit, is the economic medicine that most reputable economists prescribe. Not doing so will only slow or even stall the recovery which, after all, would seem to be the goal of the Republican leadership, whose only concern seems to be the midterm elections rather than the well being of the nation.
At least they are consistent, the Republicans being the party of NO, have said no to everything that President Obama has proposed and now they have said no to economic recovery as well.
Come November, Americans should say NO to them.
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