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Matt Singer works for Forward Montana. He also is a partner in DP Productions, a small, Montana-based T-Shirt company.


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Rehberg Decries Stimulus as "Failed" While Touring Jobs Project Funded with Stimulus Dollars

by: Matt Singer

Thu Feb 18, 2010 at 10:48:49 AM MST


This is absurd. From Rep. Rehberg:
Number one suggestion..stop spending money on failed stimulus. Tax relief!!
A full third of the ARRA was tax relief. That's why payroll withholding dropped last year. It is why there's a $400 or $800 Make Work Pay tax credit on people's returns this year.

Beyond that, the spending in the stimulus didn't fail, unless our Congressman is advocating for cutting short COBRA subsidies or unemployment insurance. Hilariously, Congressman Rehberg tweeted this yesterday, around the same time he was touring the stimulus-funded Northern Hotel renovations:

When the two reached Nelson's basement office, Rehberg's work began. The congressman inquired about what the government could do for the Northern, promising to have a staffer look for grant options and Department of Energy assistance.

A year ago, by cooperating with the city of Billings, the Northern was able to sell $20 million in tax-free "stimulus bonds" to pay for the hotel's remodeling. Investors like the government-backed, tax-free bonds, which were made possible through the American Recovery and Reinvestment Act of 2009.

Rehberg is looking into government grant options and DoE assistance for private projects? Sounds like government spending to me.

Even worse, our Congressman is apparently aware that he's full of it:

In an interview with The Billings Gazette editorial board Tuesday, Rehberg, who opposed the ARRA and is advocating a shift toward tax cuts, said the construction projects funded by the ARRA had merit....
If Denny Rehberg thinks COBRA benefits, food stamps, unemployment, and local business projects like Northern renovation are failures, he should say so explicitly. He's trying, as always, to have it both ways.

And keep in mind when Rehberg rails about government spending that his office repeatedly calls for higher spending on numerous programs. This guy is absolutely all over the map.

Matt Singer :: Rehberg Decries Stimulus as "Failed" While Touring Jobs Project Funded with Stimulus Dollars
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Perhaps NPR has the more (0.00 / 0)
realistic assessment:  http://www.npr.org/templates/s...

  A year ago on Feb. 17, President Obama sat down at a borrowed desk in a Denver museum and signed the "American Recovery and Reinvestment Act," a massive government stimulus program designed to jump-start the ailing economy.

   A year later, the economy is working again. But millions of Americans are not. The mixed track record of the stimulus has shaken confidence in the Obama administration, even as the president pushes for additional jobs measures.

   "I don't want to pretend that today marks the end of our economic problem," President Obama said when he signed the $787 billion bill last February. "But today does mark the beginning of the end. The beginning of what we need to do to create jobs for Americans scrambling in the wake of layoffs."

   In a phrase that foreshadowed the ambiguity of stimulus results, the president said the measure would "create or save" some 3.5 million jobs over the next two years.

   "And we expect you, the American people, to hold us accountable for the results," he said.

   Both the White House and the Congressional Budget Office say thanks to the stimulus something like two million people are working who otherwise wouldn't be. But that's like trying to climb up a down escalator. Unemployment still topped 10 percent last year. And there are some three million fewer people working now than when the president raised his stimulus pen.

Reported today is an "unexpected" increase in unemployment claims.  


I love your passive tense: (0.00 / 0)
"Reported today is an "unexpected" increase in unemployment claims."

Who reported what, and who said it was "unexpected?

If you started your day at Drudge, like I imagine you do, you probably saw the reuters article at CNBC on jobless claims and inflation. As usual, you cherry picked a statement, ignoring context and the rest of the story, using Matt's diary about Rehberg to, I guess, poke dems in the eye again about ARRA.

Here's the rest of the Reuters story:

In the claims report, the four-week moving average of new claims, which irons out week-to-week volatility, fell 1,500 to 467,500, the Labor Department said. The number of people still receiving for benefits after an initial week of aid was unchanged at 4.56 million in the week ended Feb. 6.

This measure has held below the 5 million mark for eight straight weeks and analysts believe it is starting to reflect an improvement in the labor market rather than people merely dropping off rolls because they have exhausted their benefits.

So after you iron out week-to-week fluctuations in new jobless claims, the picture is looking a little better: "analysts believe it is starting to reflect an improvement in the labor market."

Of course, what does any of this have to do with the topic of this diary, which is Rehberg's hypocrisy about the ARRA?


[ Parent ]
Goodness JC, (0.00 / 0)
you are quite helpless.  "Unexpected":  http://news.google.com/news/se...

Looks like AP, Reuters, etc.


[ Parent ]
No Craig, I am not helpless... (0.00 / 0)
Just blowing holes in your schadenfreude.

[ Parent ]
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