28Jan

Stimulus or Spending Gone Wild

Posted by Jeff as Uncategorized

What is in that so-called stimulus bill working through Congress today is mind boggling. This isn’t stimulus, it’s unchecked government spending that takes advantage of a crisis. The Baby Boomer generation is going out with a bang and could well be remembered as the generation that consumed far more than it produced.

Here’s another lu-lu: Congress wants to spend $600 million more for the federal government to buy new cars. Uncle Sam already spends $3 billion a year on its fleet of 600,000 vehicles. Congress also wants to spend $7 billion for modernizing federal buildings and facilities. The Smithsonian is targeted to receive $150 million; we love the Smithsonian, too, but this is a job creator?

[From A 40-Year Wish List - WSJ.com]

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