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The Bride of Stimulus

John Judis argues that we need a second economic stimulus package, echoing a suggestion that Warren Buffett had. If President Obama were to push for another stimulus bill, it would be a tacit admission on the part of his administration that the first stimulus was a failure. It would would also interfere with his push for health care legislation. So it isn't surprising to see that thus far, the White House has adopted the line that most of the stimulus money hasn't been deployed yet, while remaining open to revisiting the stimulus down the road.   

View all comments (4) | Leave a comment

Oldefarte| 6.29.09 @ 1:04PM

It would be asinine [though not surprising] for Obama to attempt another of his so-called 'stimulus' [in reality, a WELFARE] bill, since the payout on WELFARE I hasn't even reached 25% to date. The kicker hopefully will be his upcoming tax increases on every taxpaying American that will STIMULATE their revulsion and anger at what exactly he is doing!!!!

ds80| 6.29.09 @ 4:25PM

The Boy President has already said that they didn't know what they were doing, they didn't understand the economy ... but that, gosh durn, they were gonna pass that ol' stimulus anyway, because, well, elections have consequences, and "We Won" was all the economic policy they needed, so 50% bonuses to his crony capitalist friends, and let the rest of us eat cake.

Where's my pitchfork?

Brian B| 6.29.09 @ 6:09PM

Massive public spending and impending tax increases.
Anyone up for our own 'lost decade'?

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More Blog Posts by Philip Klein

http://spectator.org/blog/2009/06/29/the-bride-of-stimulus
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