Wednesday, February 18, 2009
Politics / Woods Corker Insists Stimulus Is 'Huge Mistake'
Posted by Jeff Woods on Wed, Feb 18, 2009 at 7:32 AM
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Sen. Bob Corker, who apparently exists on his own little planet, is still railing against the economic stimulus. In a speech in Chattanooga, he said Tennessee's state government could have made do without the $4 billion headed its way over the next two years.
"I think it's a huge mistake to have done what we did," the former Chattanooga mayor told the Kiwanis Club of Chattanooga at a Tuesday luncheon. Sen. Corker, speaking in the Sheraton Read House, said Tennessee will get $4.2 billion out of the stimulus, "more money than it can possibly spend."Actually, senator, that's not true. Without that money, the governor has said repeatedly, state departments would have been eviscerated with cuts up to 20 percent, and some 2,500 workers would have lost their jobs. Even with the federal cash, tough cuts will be necessary, the governor says. By one estimate, Tennessee as a whole is getting more than $10 billion in stimulus money, which will add or save 71,000 jobs. Update: More from Corker on why he opposed stimulus. Plus, Congressman Zach Wamp: "Just because the Republican Party spent too much money in the past and lost our way on financial matters doesn't mean the Democratic Party is taking the right approach." Update II: State lawmakers scrambling for road money.
Comments (2)
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So, $700 billion to New York and the financial world good, $4 billion for Tennesseans laid off bad. Too bad Wall Street isn't a state; he could run to officially be their Senator.
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Posted by
Sen. Corker (NY-R)
on 02/18/2009 at 8:29 AM
Corker logic:
"When a Republican administration proposes big spending, it's unavoidable."
"When a Democratic administration proposes big spending, it's Democrats being irresponsible with tax dollars."
Blind partisanship will not get the country out of financial chaos.
Have an idea or backbone, senator.
Posted by
BJP
on 02/18/2009 at 1:01 PM
