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Obama takes aim at his stimulus opponents: ‘You’re headed for a cliff.’

By Faiz Shakir on February 5, 2009 at 10:32 pm

"Obama takes aim at his stimulus opponents: ‘You’re headed for a cliff.’"


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Tonight, in an address before a House Democratic retreat, President Obama issued a strident defense of his economic recovery package:

We can’t embrace the losing formula that says only tax cuts will work for every problem we face; that ignores critical challenges like our addiction to foreign oil, or the soaring cost of health care, or falling schools and crumbling bridges and roads and levees. I don’t care whether you’re driving a hybrid or an SUV — if you’re headed for a cliff, you’ve got to change direction. That’s what the American people called for in November, and that’s what we intend to deliver.

Republicans — and even some Democrats — have mounted attacks on the economy recovery package with a variety of superfluous attacks. Rep. Eric Cantor (R-VA), for instance, said, “This was not a stimulus bill. It was a spending bill.” Obama fired back: “So then you get the argument, well, this is not a stimulus bill, this is a spending bill. What do you think a stimulus is? That’s the whole point. No, seriously. That’s the point.” (Watch the video here.)


Some other highlights from the speech:

– “I welcome this debate. But come on, we’re not — we are not going to get relief by turning back to the very same policies that for the last eight years doubled the national debt and threw our economy into a tailspin. ”

– “When you start hearing arguments on the cable chatter, just understand a couple of things. Number one, when they say, well, why are we spending $800 billion — we’ve got this huge deficit? First of all, I found this deficit when I showed up.”

– “Now, in fact, when we announced the bill, you remember — this is only about, what, two weeks ago? When we announced the framework — and we were complimented by Republicans, saying, boy, this is a balanced package, we’re pleasantly surprised. And suddenly, what was a balanced package needs to be put out of balance?”


,Read the full speech here.

78 percent of women say men and women do not receive equal pay for equal work.

ThinkFast: February 6, 2009

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