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Politics : American Presidential Politics and foreign affairs
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To: Peter Dierks who wrote (32891)2/18/2009 11:28:14 AM
From: Steve Lokness1 Recommendation  Read Replies (2) of 71588
 
Despite a genuine economic emergency, the stimulus bill is more about dispensing goodies to Democrat interest groups than stimulating the economy.

What in the world does the WSJ expect after the deficits under Bush? That democrats would suddenly NOT want to fund their favored projects? ......It is no accident that the year used in the article as a starting point is 1982. That is the year after the tax cuts under Reagan. For the WSJ to ever have credibility, they need to abandon the ridiculous notion that tax cuts always stimulate the economy and bring in more money. Reagan and Bush have proved that is just NOT the case. Honesty from the WSJ would help a lot in formating the debate. Honesty from the WSJ, and then we could move to smaller government and some improvement in our debt - until then we just bounce from ones favored spending to the others.

steve
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