took the President more than 4,100 words to describe his American Jobs Act--but
he couldn't spare even one of them to explain how he planned to pay for it. Apparently,
the tiny little detail of its "cost" will be released at a more convenient time
(as in, off-air, away from the millions of viewers). But that $450 billion hiccup--and
the absence of any concrete proposal--isn't standing in the way of the President's
demands for passage.
scolded Congress for creating a "political circus" and instructed them to pass
the Jobs plan "right away 18 times." It seems he wants to use the time before
the deficit talks to add more to it!
As usual for this administration, it's pass now, pay later. "More targeted, temporary
tax cuts; more spending now with promises of restraint later; the fifth (or is
it sixth?) plan to reduce housing foreclosures; and more public works spending,
though this time we're told the projects really will be shovel-ready," the Wall
Street Journal quipped. "Americans were told [the 2009 stimulus] would create
3.5 million jobs and unemployment would stay below 8%... It is now 9.1%. But this
stimulus, we are told will make all the difference."
Obama regurgitated so much of his 2009 speech that the Washington Post actually
made a game of it, publishing a pop quiz to see if readers could pick out which
quotes came from which year. Rep. Jim Jordan (R-Ohio), head of the Republican
Study Committee joked that most of the President's address felt like the movie
Groundhog Day. "Waking up each morning and trying the same failed approach all
over again won't work any better," he said.
most conservatives, he doesn't believe the government can spend its way out of
this crisis. After all, if a trillion dollar stimulus didn't work, why would a
half-trillion? Even the media came out swinging. The Associated Press pointed
out the biggest whoppers of the night in its Fact Checker, including Obama's insistence
that "Everything in this bill will be paid for." "It will not add to the deficit."
"Everything in here is the kind of proposal that's been supported by both Democrats
and Republicans..." And "[It] answers the urgent need to create jobs right away."
Minority Leader Mitch McConnell (R-Ky.) told reporters, "This isn't a jobs plan.
This is a re-election plan." But not a very good one, based on the President's
tanking approval ratings.