As we witness jobs reports, we cannot help but think about the jobs numbers had the president received approval for the $1.2 trillion stimulus package he and his team requested. He received $700 to $840 million. Many economist stated, "...that is just not enough". Of equal significance, the unemployment rate if Obama had allowed GM and Chrysler fail. Some politicians said to let them go bankrupt. A million additional jobs would have been lost. I think about the jobs bill given to Congress one year ago with only a slither one one provision enacted by Congress.
And, then I reflect on the following piece from NPR.
Judge Richard Posner, a conservative on the 7th U.S. Circuit Court of Appeals in Chicago, has long been one of the nation's most respected and admired legal thinkers on the right. But in an interview with NPR, he expressed exasperation at the modern Republican Party, and confessed that he has become "less conservative" as a result.
Posner expressed admiration for President Ronald Reagan and the economist Milton Friedman, two pillars of conservatism. But over the past 10 years, Posner said, "there's been a real deterioration in conservative thinking. And that has to lead people to re-examine and modify their thinking."
"I've become less conservative since the Republican Party started becoming goofy," he said.