Thursday, January 29, 2009

Who Picks up the Tab

The Republicans offered an alternative in the House yesterday--a real stimulus package that would create twice the jobs--real new jobs--at half the cost. It went down to defeat as the Democrats took total ownership of this porky disaster for the country. Now it goes to the Senate. Maybe something can be salvaged that won't burden our children with crushing debt and actually create NEW JOBS NOW. Harvard econ prof Martin Feldstein, an $800 billion mistake:
As a conservative economist, I might be expected to oppose a stimulus plan. In fact, on this page in October, I declared my support for a stimulus. But the fiscal package now before Congress needs to be thoroughly revised. In its current form, it does too little to raise national spending and employment. It would be better for the Senate to delay legislation for a month, or even two, if that's what it takes to produce a much better bill. We cannot afford an $800 billion mistake.
George Will--the newly-elected president deserves some deference, but the Democrat Congress has given us a profoundly opportunistic bill, which should be opposed as it stands now. Will goes into some detail. Rush proposes a truly bipartisan stimulus plan. What do you say, Mr. President?

As we go forward, how can we forget Fan and Fred's porky lunch tab. Oink, oink, ouch!

After all, we are the ones who pick up the tab. We still have a vote. Call your Congressman, call your Senator. Jobs, not pork. Investment that grows the economy, not borrowing from future generations to spend willy-nilly now. That's what got us into trouble in the first place.

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