Wednesday, February 16, 2011

Because the Stimulus Didn't Work

I think this headline says it all: White House Economists Won't Testify on Stimulus

The "Stimulus Package" was a $814 billion dollar fail.  I wrote on these pages before that it was nothing more than a political handout to democratic causes, pay-back for the last election.  And it was all paid for by massive increase to the government debt, raising the baseline "floor" for most federal spending from which subsequent budgets are now based.

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