Stimulus mess shows the failure of liberalism

Politico:

President Barack Obama says there’s “nothing” he “would have done differently” about his economic stimulus plan, but one of his top outside economic advisers says the plan was “a bit too small.”

Democratic Sen. Claire McCaskill of Missouri says the idea of a second stimulus is a “non-starter,” but Democratic Sen. Sheldon Whitehouse of Rhode Island says it “should be on the table.”

Senate Majority Leader Harry Reid (D-Nev.) says there’s “no showing that a second stimulus is needed,” but House Majority Leader Steny Hoyer (D-Md.) says Congress needs to be “open to whether we need additional action.”

Democrats are all over the map on the stimulus and the possibility of a sequel, and it’s not hard to see why: When it comes to a second stimulus, they may be damned if they do and damned if they don’t.

“Right now, every headline across the board is the stimulus isn’t enough, states are in bankruptcy, states aren’t paying their bills,” says Wendy Schiller, a Brown University political scientist. “This is really deadly for the Democratic Party, because what it suggests is the Democratic Party cannot run the country.”

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The polls are also running against them on another stimulus, and it is becoming more obvious everyday that the use of spending instead of tax cuts is an abject failure when it comes to stimulating the economy. Liberalism simply does not work when it comes to the economy.

Democrats will still try to blame the downturn on President Bush and the Republicans, but they have run Congress for the last three years and they have to be held accountable. They should also be held accountable for creating the housing mess that led to the downturn anyway.