Questionable Projects Gobble Stimulus Funds

Conservatives react to Andrew Sullivan's article

(NEWSER) - Andrew Sullivan's unflinching defense of President Obama in Newsweek is irking conservative bloggers today. No wonder, considering the headline: "Why Are Obama's Critics So Dumb?" Taking on the right, Sullivan calls Obamacare a "moderate," fiscally responsible program, and says "a depression was averted" with Obama's $787-billion stimulus package. Engaging the left, he lists successes such as the Iraq pullout and advances in gay rights. Obama "practices a show-don’t-tell, long-game" that takes time to mature, Sullivan writes. "What matters to him is what he can get done, not what he can immediately take credit for." More»

But problem may be too big to fix

(NEWSER) - As he announced the appointment of Alan Krueger yesterday, President Obama promised a speech outlining his new jobs agenda next week—but behind the scenes, Obama and company haven’t actually agreed on that agenda yet, the Washington Post reports. The president is considering a number of options, including a tax credit for companies hiring new workers, an infrastructure bank, clean-energy tax cuts, and revamping the unemployment system so that it pays companies to hire out-of-work people. More»

President to trade short-term spending for long-term cuts

(NEWSER) - President Obama's promises to boost jobs and cut the deficit are taking shape, with a new stimulus and tax cuts for companies that hire new workers to be announced in a major address right after Labor Day, reports the Washington Post . The stimulus is said to focus on road building, construction, and the long-term unemployed. The president may also propose mortgage relief for struggling homeowners. More»

Clinton prepares for Global Initiative meeting—on fixing America

(NEWSER) - If unemployment seems like an insurmountable problem, never fear: Bill Clinton is here, and he has solutions—14 of them, which he’ll bring next week to the first US-focused meeting of the Clinton Global Initiative. Among the highlights of his jobs blueprint, as shared with Newsweek :

• Make it easier to approve "shovel-ready projects" by giving states waivers that will allow them to get projects that are free of environmental concerns up and running ASAP.
• Renew President Obama’s cash-for-startups program. When Obama entered office, the US held a tiny piece of the hybrid and electric car-battery market. At the 2010 elections, it boasted 20%, “thanks in large part to the cash-incentive policy”—which Republicans in Congress refused to extend in December. Keep this going, and we'll have 40% of the market by 2015. That's a lot of jobs.

You can't believe all you read online

(NEWSER) - Between the current interest in America’s founders and a “willingness to believe” the Internet, political misquotes are flying these days, writes David A. Fahrenthold in the Washington Post . A look over the past two years of C-SPAN and the Congressional Record shows that politicians—including congressmen, senators, and the president—have wrongly quoted the founding fathers at least 30 times. More»