By Yael T. Abouhalkah, Kansas City Star Editorial Page columnist
With his first economic stimulus bill failing so far, President Barack Obama Saturday said he didn't support a second shot of stimulus at this time. Thank goodness for that bit of common sense.
Too much of the initial $787 billion program has gone to expand the bloat of government bureaucracy and too little to fix the nation's infrastructure -- creating jobs along the way.
The administration is still pointing out that much of the money won't even be spent until 2010 -- or even 2011. But that's more reason to hold off on any second stimulus: We don't know whether the first one will work yet.
Fortunately, Obama seems to agree with that approach.
"We must let it work the way it's supposed to, with the understanding that in any recession, unemployment tends to recover more slowly than other measures of economic activity," Obama said Saturday.
That's little comfort to the millions of unemployed Americans, of course.
But Obama is correct to point out that Republican critics have not developed a consistent message of what they -- and the nation -- should be doing differently.
So with a weak GOP in Washington, Obama and the Democrats are getting to do pretty much what they want with the nation's economic policy.
For this time around, rejecting quick approval of a second stimulus makes a lot of sense.









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The only reason
Obama isn't agreeing to a second 'stimulus' right now is that he would have to admit that his first 'stimulus' is an abject failure. The country would have been much better off if there had never been a porkulus bill. Had Obama and the progressives in Congress not be so anxious to expand every entitlement they could think of and left things alone, the economy would be recovering instead of sinking further and further.
So Obama did something right
and the resident conservatives don't comment.
You mean like
He should have rejected the first stimulus? And "W" should have rejected TARP and the biggest expansion in the Socialist system with Medicare drugs? Happy now, apop?
And anyone notice since I served Interface on the mercury thing he is gone but apop has come back? Interesting, no?