Tuesday, February 17, 2009

More on Stimulus

Click here to read the Heritage Foundation's open letter to Congress, urging them (unsuccessfully) not to pass the stimulus bill. They note that this is by far the most expensive bill ever passed, yet it has been rammed through without vetting and without debate. 

This bill is the height of irresponsibility and is exactly what we should expect, unfortunately, when Democrats are in charge of the House, Senate, and the White House. The politicians who voted for (or signed) this bill owe an apology to today's young people and our children and grandchildren. 

Obama and the Democrats are being dishonest when they call this a stimulus bill. The Congressional Budget Office estimates that this bill will weaken long-term economic growth! So if the federal government says it will hurt our economy, it must not be a stimulus bill. Instead it a massive give away - hundreds of billions of dollars going to the Democrats' various pet projects and causes. 

Most people don't care. They're just happy Obama is doing something about the economy and don't bother finding out just what that is. And when the economy recovers (as it will at some point), Obama can take credit, even though his bill will do far more harm than good. 

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