Mon Feb 9, 3:23 AM Pacific • posted by Jed Lewison

Steele Stupid, A New Beta, & Looking Towards Round 2 Of The Stimulus

This post is a three-parter.

First, the new GOP chairman, Michael Steele tries to attack the stimulus plan for "creating" jobs (that's the whole point, Mr. Steele!):

(h/t: JJP)

Second, this video is posted from the new beta 2 release of Daily Kos TV. It's undergone a facelift, and more importantly, the video player is now more reliable. There's still more work to be done, but progress is being made. Let me know your feedback!

Third, on a totally different note, I'm not happy with the reported Senate compromise. Unfortunately, it very well could be the best deal that we could get from the Senate, given the requirement that 60 senators waive the budget act to allow deficit spending (not to mentiont he filibuster).

Hopefully, the bill well get better in conference, but it's virtually certain that the it won't do enough for the economy, and that it will force President Obama to go back to the well to boost things up.

The good news here is that the budget process ultimately does not require 60 votes in the senate, so while President Obama was hamstrung by the 60 vote requirement in this round, he won't be in the next.