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The Annals of Context

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"The Annals of Context"

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James Pethokoukis writes for US News about “hysterical” liberal reactions to the Obama stimulus plan:

Some of their greatest hysterical hits: 1) “The economic plan he’s offering isn’t as strong as his language about the economic threat,” wrote NY Times columnist Paul Krugman. “In fact, it falls well short of what’s needed”; 2) the Center for American Progress, a liberal think tank founded by Obama transition co-chair John Podesta, said the Obama plan was chock-full of “special interest favorites” and “long-discredited conservative proposals”; 3) Sen. Tom Harkin said Obamanomics “still looks a little more to me like trickle-down,” invoking a Reagan-era economic invective that liberals love to hurl; and 4) Nancy Pelosi, who seems to actually believe the Obama campaign spin that the Bush tax cuts somehow caused the recession, blurted out this gem: “Put me down as clearly as you possibly can as one who wants to have those tax cuts for the wealthiest in America repealed.” Duly noted, Madam Speaker.

Here’s what CAP’s Will Straw actually wrote:

To ensure that public money is not irresponsibly wasted, the legislation must break away from special-interest politics and conservative filibustering. Public money should be spent wisely and in the most effective way to address our economic woes. A rapid and aggressive economic plan must not be obstructed by demands for pet projects from either side of the congressional aisle or long-discredited conservative proposals such as permanent tax cuts for the rich.

In short, Straw said it would be undesirable for congress to modify Obama’s plan by letting special interests add long-discredited proposals such as permanent tax cuts for the rich. He didn’t say that Obama’s plan includes discredited permanent tax cuts for the rich because, you know, it doesn’t include any.

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