The Democrats And Their Second Stimulus - The Daily Dish | By Andrew Sullivan

The Democrats And Their Second Stimulus - The Daily Dish | By Andrew Sullivan: "I made my case pretty clear soon after the deal was struck. It was staggering to me how many tangible concessions Obama was able to get for one symbolic give. The GOP got to protect the very rich to the tune of $120 billion for two years. In return, Obama got the $360 billion tax cut for the middle class he wanted, plus $450 billion on extended unemployment benefits, the pay-roll tax cut and EITC and college tuition funding. In the process, he got the GOP to endorse a huge fiscal stimulus for Obama as he runs for re-election - a stimulus that could, according to Morgan Stanley, push economic growth to as much as 4 percent next year. That might be an overshoot - but it's surely salient that no one thinks the package won't boost growth at all."