Stimulus

So. I just read this

"This is not a stimulus plan, it's a spending plan," Nebraska's freshman senator, Mike Johanns (R), said Wednesday in a maiden floor speech full of budget-balancing orthodoxy that would have made Herbert Hoover proud. The stimulus bill, he declared, "won't create the promised jobs. It won't activate our economy."

Senator—my God, I can't believe that's your title—Johanns? You, sir, are an absolute idiot. I can't believe, as the saying goes, you still know how to breathe. 

A stimulus plan IS a spending plan, you maroon. Seriously, this is like pointing at a Ford Escort and saying, "That's not an automobile! That's a car!" 

As Steven Pearlstein wrote: 

Johanns was too busy yesterday to explain this radical departure from standard theory and practice. Where does the senator think the $800 billion will go? Down a rabbit hole? Even if the entire sum were to be stolen by federal employees and spent entirely on fast cars, fancy homes, gambling junkets and fancy clothes, it would still be an $800 billion increase in the demand for goods and services — a pretty good working definition for economic stimulus. The only question is whether spending it on other things would create more long-term value, which it almost certainly would. 

We're on the edge of a cliff. And there's a huge percentage of our elected officials determined to push us over, by doing the same things that brought us right up to the precipice. 
Advertisements

About the other scott peterson

Writer of comics and books and stuff.
This entry was posted in Current Affairs. Bookmark the permalink.

2 Responses to Stimulus

  1. Ed says:

    It as if all the repubs have checked their brains at the door and are now in lockstep with the evil baboon Limbaugh and his mantra of “I hope he fails.” They can’t see the forest for the tree (or the stimulus for the spending), and can’t see that if “he” fails, we all fail.

  2. DT says:

    DEMS: The sky is blue.
    GOP: You’re wrong! It’s sickening how wrong you are and we hope you fail as a result! We hope you fail and we hope America fails as a result of how wrong you are. Because unlike what you say, the sky is clearly blue!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s