Legal Commentary

NYTimes Analysis Of Stimulus: Not A Time For Cigars

By Big Tent Democrat

I pummel the Media all the time. I think it is only fair that we throw some kudos at good analysis, both on substance and politics, when it comes. Richard Stevenson of the NYTimes delivers both in his article for tomorrow's paper:

While it hammered home the reality of bigger, more activist government, the economic package was not the culmination of a hard-fought ideological drive, like Lyndon B. Johnson’s civil rights and Great Society programs, or Ronald Reagan’s tax cuts, but rather a necessary and hastily patched-together response to an immediate and increasingly dire situation. On the domestic issues Mr. Obama ran and won on — health care, education, climate change, rebalancing the distribution of wealth — the legislation does little more than promise there will be more to come.

[More . . .]

In cobbling together a plan that could get through both the House and the Senate, Mr. Obama prevailed, but not in the way he had hoped. His inability to win over more than a handful of Republicans amounted to a loss of innocence, a reminder that his high-minded calls for change in the practice of governance had been ground up in a matter of weeks by entrenched forces of partisanship and deep, principled differences between left and right.

In the end, Congress did not come together to address what Mr. Obama has regularly suggested is a crisis that could rival the Great Depression. What consensus has been forged so far is likely to be tested in the months to come as he faces scrutiny over the effectiveness of the stimulus package and the likelihood that he will have to ask Congress for substantially more money to heal the fractures in the financial system.

So this was hardly a moment for cigars.

Read the whole thing. It is very good.

Speaking for me only

Full post as published by TalkLeft on February 11, 2009 (boomark / email).