>By Zach Carter, Media Consortium Blogger

One year after President Barack Obama secured passage of his critical economic stimulus package, the U.S. Senate is finally taking anther look at how to create jobs and repair the economy. These issues are more important than ever, but absurd Republican obstructionism and timid Democratic negotiation are once again threatening good public policy.

President Barack Obama invited leading economic thinkers to a job creation summit on Thursday to help combat the worst unemployment crisis in decades. The stakes couldn’t be higher: If Obama can’t build momentum for robust legislation that will create jobs, the unemployment rate could remain in double-digits all the way through 2011.

By proposing financial reforms that won’t curb Wall Street excess, U.S. policymakers have offered an unacceptably weak response to our enormous financial crisis. If voters don’t demand that their elected representatives help workers and consumers instead of simply boosting corporate profits, the economic downturn will last for several more years and leave the economy vulnerable to another bank-induced meltdown.

ACORN’s Bertha Lewis responds to the conservative attacks on Obama’s stimulus package by claiming ACORN would get $4.19 billion in pork-barrel spending.

Facing an impending foreclosure, Rosa and Juan Rico of the San Francisco Bay Area have been trying to work with their bank for months to get a modification of their loan. Without that, they could be the next family on the street as a result of the economic crisis facing the country. But the bank just kept giving them the runaround.

The Stimulus Plan Newsladder

In which I tell myself to quit my moaning about Obama not being progressive enough.