The left continues to push the lie that all economists support the Obama Trillion Dollar Debt Plan. So Pennsylvania Gov. Ed Rendell said yesterday: Economists from all around the world agree that it is critically important to invest in programs that help our economy. Even the ultra-conservative Martin Feldstein, who served as Ronald Reagan’s Chairman of the Council of Economic Advisors and as a principal economic advisor to John McCain, has said: “Another round of one-time tax rebates won’t do the job … The only way to prevent a deepening …
In his inaugural address, President Barack Obama insisted that “the stale political arguments that have consumed us for so long no longer apply.” To this end, the president pledged to make the passage of an economic stimulus package as bipartisan as possible. Well, the House vote on his stimulus bill was bipartisan — against Obama. Not a single Republican voted for the bill; they were joined by 11 Democrats in opposition. So what happened? Why did Obama’s stimulus plan not only fail to attract any Republicans but also drive away …
U.C. Berkeley Economics professor Brad DeLong has made it his mission to label any economist who says anything bad about Barack Obama’s deficit spending plan as “ethics-free Republican hacks.” To this end he has compiled a list Republican former members of the President’s Council of Economic Advisers who have either endorsed, or not yet expressed skepticism about, deficit spending stimulus plans. One prominent name on that list, former chair of Ronald Reagan’s Council of Economic Advisers, Maerin Feldstein, has even gone as far as testifying before Congress in favor of …
