I've been watching the speeches from the Senate floor this evening. The deal has been cut for 2 or 3 Republicans to vote for the stimulus package. The Republican leaders who spoke in opposition to the bill are violently opposed. They believe the sky is falling. I am gratified that President Obama's words of bipartisan compromise have not come to fruition. Republicans are wrong about economics. They should be relegated to whining and complaining when matters are serious. Massive spending is needed because we are in a nasty downward spiral. This is not a normal cyclical slowdown or recession that will right itself.
This spending in this bill is small in relation to what is needed. But Congress will have a chance to increase it via the normal budgeting process in the late spring. I hope the Democrats realize that the Republicans as a whole are not going to cooperate in anything that is put forth. Bipartisanship is not how the US government works. It never was and with any luck, it never will be.
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