Why Just Stimulus Package?

Since the European markets crashed yesterday, and everyone's waiting for the other shoe to drop, a stimulus package will likely be crafted by the end of this or next week. Already, I can't help but feel the Democrats dropped the ball by failing to set the terms of the debate and get out in front of Bush.

One area for improvement would be this obsession with "stimulus." Too many people agree that the recession is underway for stimulus to be the sole purpose. "Relief" might be a better way to phrase it. People struggling in recession-hit areas should get assistance. But they probably won't if a package is only intended to "stimulate" the economy.

Meanwhile, President Bush seems to have regained some of his old political touch, even though Paul Krugman says that many parts of his massive proposal wouldn't get the economy back on track. It might make things easier for a lot of people, particularly, in true Bush fashion, rich people. Bush has already shifted the debate, because the package seems attractive at first glance and it looks like he wants to help, while the Democrats are dragging their feet.

Anything could happen in the next few days, but the Democrats look like they're blowing another opportunity to actually do something. The people they represent will suffer the consequences.