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Jan 18, 2009

Stimulus Bill Boondoggle

Biggest Boondoggle in American History
01/18/09 - PowerLineBlog by Paul Hinderaker
The stimulus bill is a whole lot of spending.

About "paid for by our children and grandchildren", don't count on it! Spending now wastes resources now. Those are the resources that you want in your life. More waste now means less national production now and later. I don't mean to be crude, but you will be emptying your own bedpan while you look out at all of those shiny new bridges and schools that they want to build, to support construction unions with their lovely votes and contributions. (See also: A short argument against stimulus)

[edited] We are living in an historical moment of uncharted territory. Minority Leader John Boehner sent out an email about the House Democrats' ridiculous $825 billion "stimulus" bill.

A Dozen Fun Facts About the House Democrats' Massive Spending Bill

1. The House Democrats' bill will cost each and every household $6,700 additional debt, paid for by our children and grandchildren.

2. The total cost of this one piece of legislation is almost as much as the annual discretionary budget for the entire federal government.

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