Thursday, July 09, 2009
Stimulus, Cont'd
Opinion piece in the Journal today driving home the point that the original "stimulus" package is in anything but, and in fact is simply a government expansion.
With the economy weak and the labor market continuing to decline, there is now talk of a second stimulus (which is actually the third, counting President Bush's 2008 tax rebates). This would be a mistake. The truth is there hasn't been any stimulus to speak of so far this year. Moreover, what's being called stimulus is just a smoke screen for a permanent expansion of government.
With the economy weak and the labor market continuing to decline, there is now talk of a second stimulus (which is actually the third, counting President Bush's 2008 tax rebates). This would be a mistake. The truth is there hasn't been any stimulus to speak of so far this year. Moreover, what's being called stimulus is just a smoke screen for a permanent expansion of government.
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1 comments:
How far into the mid-term campaigns will it be before there's an underreported story about stimulus funds being used for a Democrat's campaign?