Half full, or half empty?
I was surprised that no administration officials were on the business news channels this morning. That is highly unusual for Jobs Day. Maybe they are afraid of the following sequence of questions:
1. Is the economy recovering? (They would like to answer this one, “Tentatively yes. We’re seeing positive signs, but there’s a long way to go.”)
2. If so, is the economy recovering because of the stimulus? How can you claim that it is if only $40-ish billion has gone out the door so far?
3. Or are the green shoots growing just because it’s springtime? Is the less worse economic news primarily a result of financial institutions raising capital and the passage of time?In addition to being inefficient and wasteful, the stimulus was poorly timed. By deferring to congressional desires to shovel taxpayer funds to slow-spending infrastructure projects, the administration got a stimulus law that isn’t helping GDP growth now, and won’t have a quantitatively significant effect until 2010. The administration is in a tough spot — if the economy is not healing, then at some point the president will take the blame. If instead the economy is healing before the stimulus takes effect, then maybe the stimulus was unnecessary or even counterproductive.
Gee, it’s not like nobody predicted this months ago when the fool bill was passed without anyone having a chance to read it.
If a fiscal conservative says a tree is a falling in the woods, and a progressive has his hands over his ears yelling “la, la, la, I can’t hear you…” Then did the fiscal conservative ever warn anyone?
Apparently, some think there was no warning.
Why do we continue to accept the BS? Politicians use words to lie. It is not and never was a stimulus. It is payola. It’s purpose is to funnel money to those that will support the admin. Let’s quit dancing around it.
It should be absolutely illegal to use tax money for any and all biased political organizations (ACORN being only the most visible at the moment) but instead, it’s blatantly done in the open and everyone pretends to look the other way. This is amazing and beyond disgraceful. America is operating like a banana republic and I am beyond discouraged that nobody is saying enough is enough and doing something about it.
Is the corruption so deep??? There’s absolutely no question about it’s width.
The CBO forecast that the economy would be in recovery in 2H09, PRIOR TO the Patronage Bill of 2009 passing through the Congress like contaminated meat through a colon.
Ugh. That simile is accurate, but a bit stinky.
Not only did he not warn anyone (according to the progg), but if he did say anything it was a LIE!!!!1!!!
It should be absolutely illegal to use tax money.
There, fixed that for ya, ken. Just put a period after “money” and you’re all set. As Reagan used to say, just starve the beast. Force the government to rely entirely on excise taxes and user fees. That way, if it gets really obnoxious, people can just stop buying whiskey, importing cotton, or flying. Problem solved.
The difficulty with our most toxic legacy from the Progressives, which is the income tax, is that none of us can do without income in order to starve the parasites.