A thoughtful reader asked this question.
The Stimulus package is supposed to create jobs. As enacted, it seems more likely to stimulate government. Growing government is like putting on weight: its easy to gain weight and hard to take it off. All the diets in the world don't work very well. And that will likely be the legacy of the stimulus: a drag on the economy just when natural market forces would otherwise rebound.
Saturday, February 28, 2009
Sunday, February 1, 2009
Stimulus vs. Bloatulus
The proposed Stimulus Package is more of a Bloatulus package. Many commentators point out that it sets up long-term government spending on entitlements without short-term impetus to the economy.
We don't need more debt--we need less.
Why is it so important to pass a huge spending bill now, when much of the spending doesn't occur until later years?
As they said in 7th Grade Shop Class--"HASTE MAKES WASTE."
We don't need more debt--we need less.
Why is it so important to pass a huge spending bill now, when much of the spending doesn't occur until later years?
As they said in 7th Grade Shop Class--"HASTE MAKES WASTE."
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