Obama’s Plan May Help Obama, but Not the Economy | The Blog on Obama: White House Dossier

Obama’s Plan May Help Obama, but Not the Economy | The Blog on Obama: White House Dossier: Uhhh, I don’t get it.

How is President Obama’s latest stimulus measure going to stimulate the economy when it’s not a stimulus?

Of course, the White House won’t call it a stimulus, since no one thinks a stimulus works anymore. They’ll call it a jobs measure.

But the idea is to stimulate the economy, which creates jobs, so it’s a stimulus.

Except it isn’t. And so it won’t do much at all to help the economy.

You see, one little sentence in White House Press Secretary Jay Carney’s briefing yesterday seems to have been overlooked by everyone. It sounds bland and non-controversial enough, but it suggests more than anything that what we’re going to see Thursday night is political theater, as opposed to, I guess, economic theater.

Here’s what he said:

Let me also be clear that the President will make it absolutely clear that he will pay for these proposals.

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