ABOUT ME

 

Nick Ragone is an author, attorney and public relations executive in New York City. He earned a bachelor’s degree in history and political science from Rutgers University, and is a graduate of the Eagleton Institute of Political Science at Rutgers University (undergraduate) and the Georgetown University Law Center.

He is the author of three books: Essential American Government, Everything American Government, and President's Most Wanted. Nick is a regular contributor to the Fox News Channel and Fox Business, the PIX11 Morning Show, and has a weekly appearance on the popular Raph Bailey Radio Show.  He co-anchored PIX11's five-hour live inauguration coverage with Jim Watkins and Kaity Tong.

Nick is a contributor to Donklephant.com, one of the most influential political blogs on the web, and  has written for US News & World Report, The Star-Ledger, Real Simple Magazine and RealSimple.com.  Nick has been quoted in over two dozen stories on politics, the presidency, and public relations.  In December of 2007, Nick was named one of PR Week's 40 under 40 to watch, and in May of 2008 was featured in "Profiles of Success", a book about public relations. Nick lives in Jersey City, NJ, with his wife and two children, and spends what little free time he has obsessing on the Mets.

Nick can also be found on Facebook. http://www.facebook.com/profile.php?id=740817853


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« Sully Sullenberger just redefined cool | Main | Sanity wins out »
Wednesday
Feb042009

Stimulate This

I'm going to confess that I have no clue if the stimulus plan will actually provide any stimulus to the economy.

Most economists believe that about a third of the $800 billion will go directly into the economy (tax cuts); about a third will eventually find its way into the economy (infrastructure projects); and about a third is just senseless pork and earmarks.

But that's not really the point.   The stimulus plan -- or something close to it -- is going to pass Congress and get signed into law sometime in late February or early March.   Even with the growing sentiment against it -- and every day there seems to be a little more opposition -- it's still going to sail through Congress. 

So why all the consternation among Democrats in Congress and the administration over the lack of Republican support? For the first time in years, the Republicans are banding together on principle -- the right principle, by the way -- in opposing this plan, and the Democrats' mantra seems to be "obstructionists."

Memo to the Democrats:  It's a lousy and costly bill.  To use some business parlance, it has an awful return on investment, and the Republicans simply don't want to go along with it.  How, exactly, does that make them obstructionists?  Do we all have to agree on everything, even if it makes little sense?

The Republicans are standing on principle, and in the process they may -- underscore may -- gain politically down the road.  If this bill is a flop -- and there's a good chance it will be -- the Democrats will have some explaining to do.   And the Republicans know it.

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Reader Comments (2)

Unfortunately, the Democrats have misunderstood the public's disgust with W's mishandling of the country with what they think is a mandate to spend spend spend. The spend spend spend mentality got us into this mess. It will not get us out of it. We don't have the money. What else is there to discuss?

February 7, 2009 | Unregistered CommenterRich Ryder

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