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Said Rep. Roscoe Bartlett, R-Md.: "Mr. President, I probably come at this from a slightly different perspective. I remember when FDR beat Hoover in 1932. So I remember the Great Depression very well. I don't remember any of the many government programs affecting the course of the Depression. Government programs didn't work then, I don't know why we think they would work now. Mr. President, I think our obsessive borrowing has fully mortgaged my kids and my grandkids. Now we're working on mortgaging my two great-grandkids. Mr. President, I think it's more than a little bit selfish to try to solve our economic problems which we created by burdening future generations yet to be born."Via Gateway Pundit, who calls our attention to a new CBO analysis that finds only 21% of the proposed "stimulus" will be spent this year, and suggests a visit to ReadTheStimulus.org for more information.
This prompted applause.
Thanks to Smitty for the tip.
The "lag factor" is the problem with any stimulus. By the time it is being spent, the recession might well be over and all its doing is contributing to the deficit. Big government deficit social spending is what bush is famous for -- Medicare Part D was the biggest bailout for pharma ever. And I won't go into all those porn-surfing Homeland Security bums.
ReplyDeleteSay goodbye to America under the negro and hello to Amerika. It's only a matter of time before your entire paycheck is sent straight to Washington and after Congress finishes giving themselves raises, they'll send you a welfare check for some cheese. Repubs need to start thinking of a plan after the negro fails in four years.
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**Can you tell I'm disgusted with the lot of them, no matter what label you put after their name? It's like musical chairs in a race to see who can kill the country first. Sorry for the grumpy attitude, but this is a great blog that isn't merely reactionary and is written with both talent and thought. My thanks!