My guess is that the GOP's best strategy is to oppose the stimulus as close to unanimously as possible, but then have it pass anyway. (I think Ramesh Ponnuru suggested this in a video debate we had yesterday, which should be up soon.) Even with the stimulus, we're still likely to be in for a tough couple years. Which means that, in 2010, the GOP would be able to claim that Obama spent all this money with little to show for it, and that their objections have been born out. It will obviously be a preposterous claim--an economy barely limping along after nearly a trillion dollars of stimulus would have been in terrible shape with a smaller stimulus, or no stimulus at all--but the thing about politics is that you never get to see the counterfactual. I suspect the GOP would make some headway with this argument.What's the GOP's Optimal Stimulus Strategy? - The Plank
Saturday, February 7, 2009
What's the GOP's Optimal Stimulus Strategy? - The Plank
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