Stimpak Applied.

“We have begun the essential work of keeping the American Dream alive in our time. Now, I don’t want to pretend that today marks the end of our economic problems. Nor does it constitute all of what we’re going to have to do to turn our economy around. But today does mark the beginning of the end…The American Recovery and Reinvestment Act that I will sign today — a plan that meets the principles I laid out in January — is the most sweeping economic recovery package in our history.Back in Denver for the day, President Obama signs the ARRA economic stimulus bill into law. [Remarks.] “‘We have done more in 30 days to advance the cause of health-care reform than this country has done in an entire decade,’ Obama said, prompting a standing ovation.

As with the initial versions, the final bill passed without a single GOP vote in the House and only three Republicans — Snowe, Collins, Specter — in the Senate. Y’know, it’s bad enough that these situationally-ethical jokers stand in the way of what obviously needs to be done to get our economy moving again. (I don’t remember any calls for spending restraint, or any worries about pork, in the flush times when Boss DeLay was running the show, or when both Reagan and Dubya were ratcheting up the deficit to all hell.) But, it offends the senses to have to listen to the aggressively stupid talking points Republicans tend to trot out these days. For example, the party’s new leader, Michael Steele: “Not in the history of mankind has the government ever created a job.” (The armed services notwithstanding, who does he think the runs the government? Elves? Hey, Mr. Steele, look down — we call those roads.) Or consider South Carolina Sen. Jim DeMint: “This is not a stimulus bill. It’s just a spending bill.” Econ 101: A stimulus bill is a spending bill. (They do in fact teach this in SC — I can attest to it.)

Worse still, the national newsmedia has been failing miserably in their coverage of the stimulus battle, by continually enabling these Republicans to spout their inanities without comment. It reminds me of Paul Begala’s “Neil Armstrong Principle,” which I heard him break down on Charlie Rose a few months back: “If John McCain and Sarah Palin were to say the moon was made of green cheese, we can be certain that Barack Obama and Joe Biden would pounce on it, and point out it’s actually made of rock. And you just know the headline in the paper the next day would read: ‘CANDIDATES CLASH ON LUNAR LANDSCAPE.’” Too true.

Well, at least the durned thing passed. I’m sure the bill has its problems, not the least that it was transformed and watered down in an attempt to placate a bunch of Republicans who were never in a million years going to vote for it anyway. Perhaps, when we move forward now, we can focus on writing good policy that will get this economy and our country moving again, rather than catering to the whims of the naysayers, political opportunists, and/or flat-earth morons that comprise today’s GOP.

On the Shoulders of Giants.

Two recent and choice Columbia-related links by way of Ted at The Late Adopter:

“Lincoln is important to us not because of his melancholia or how he chose his cabinet but because of his role in the vast human drama of emancipation and what his life tells us about slavery’s enduring legacy…In the wake of the 2008 election and on the eve of an inaugural address with ‘a new birth of freedom,’ a phrase borrowed from the Gettysburg Address, as its theme, the Lincoln we should remember is the politician whose greatness lay in his capacity for growth.” In The Nation and on the 200th anniversary of Lincoln’s birth, Eric Foner evaluates the continuing legacy of the 16th president.

“Economic orthodoxy — which gave high priority to balanced budgets and fiscal restraint — remained a powerful force in the 1930s, even as its limitations became increasingly obvious. Similar arguments can still be heard today…The New Deal was least successful when it was least aggressive–when it let concerns about fiscal prudence override the urgent need to pump enormous sums of money into a moribund economy.” And, over in TNR, Alan Brinkley notes what the Obama administration can learn from the New Deal.

Update: “Most Americans, I suspect, if asked whether they would prefer a president with strong principles or one who prefers pragmatic politics, would choose an idealist over a realist in a flash. But almost all successful politicians combine principle with pragmatism constantly.” In a TNR piece that ties the two above together quite well, Prof. Brinkley speculates on the fatal flaw in Dubya’s make-up: certitude. “For whatever reasons…Bush has seemed to be comfortable only when he could make quick and firm decisions, however complicated the issue, and then move on. Admitting mistakes or changing course seems almost contrary to his nature.