I listened to a recorded interview with Obama on the Sunday talk fests... He did state that we can't afford to run these deficits for very long, and he did state that the stimulus package needs to be carefully targeted. So far so good.
It should be interesting to see how he manages to control Congress, though. Congress, republican, democratic or whatever, has a tendency to run amok with money.
Remember the billions that got pissed away after 9/11? Congress started with the obvious needs: protect ports, dams, power plants, bridges, tunnels, chemical plants, federal buildings, national monuments... then everybody else piled on and got buckets of Homeland Security money - even places that faced little imaginable terror or natural disaster threat got money for fire trucks and radios and other useful stuff - nice, but that money really added nothing to the anti-terror effort.
I'm sure Congress is likely to stuff the stimulus package with similar junk. |
