Originally posted by: Fern
So now "welfare" type expenditures are really "stimulus"?
I don't believe I've seen anybody on the 'left' admit that something, anything, did NOT meet the definition of "stimulus" (at least not when Dems when are in power).
I understand those who feel a need for increased unemployemnt benefits and federal assistance ot states for increased Medicaid costs, I just disagree with the wholesale of justification and any and all expenditures under the guise of "stimulus".
Moreover it misses a very important point (IMO, at least) and one that has so far been absent in the discussion. Obama keeps saying this is about jobs - well let's inject the concept of 'best bang for the buck'. We don't have unlimited funds (contrary to their behavior), stimulus funds should be prioritized and focuses to projects/items that give us the best return of our $'s. I see zero effort towards that; in fact I see no recognition of the concept, nothing to indicate it's been taken into consideration at all.
Fern
As we've covered before, you simply have a different definition of what stimulus is. Unemployment benefit extension as economic stimulus is specifically backed up by research. (there are also studies that dispute it, but the Democrats certainly have a rational and verifiable basis for their opinion).
I'm not sure if you know the basis for this proposal, but yes the fundamental premise is that any kind of government spending is in fact stimulus, because it injects money into the system. Keynes is famously quoted as saying that in particularly disastrous economic times, the government should pay people to dig holes and fill them back up. You may disagree with this particular economic philosophy, but it's been explained several times at this point. Basically it appears you have a philosophical difference with the Democrats, one that isn't going to change for either one of you guys. Unfortunately for you, they won the election.
Nobody thinks we have unlimited funds, that's just a ridiculous statement on your part. They simply think that significant deficit spending is required to meet the economic difficulties we are facing. Bang for the buck is important, which is why the vast majority of the money is being spent on areas such as personal tax cuts and unemployment benefits (that the Democrats believe will inject large amounts of cash quickly into the economy), but another important aspect of it is that the stimulus be broad based enough to touch as many sectors of society and the economy as possible.
Long story short, you appear to have fundamental differences with the basic philosophy this is based on, as do many Republicans. Republicans have suffered catastrophic electoral losses over the last several years, and so on these fundamental debates you are going to lose. It doesn't mean that they will have no input (in fact, I'm surprised they've had as much as they have), but they won't be able to change the basic premise. I'm sorry, but that's how things work as elections have consequences.