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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (549921)2/18/2010 7:02:49 PM
From: TimF  Read Replies (2) of 1576918
 
An Illogical Attack on the GOP

The Democratic Party is attacking some Republican congressmen for both opposing the stimulus bill and also helping direct some stimulus spending into their districts.

I don't know the facts of the case, but the logic of the Democratic position baffles me. It seems perfectly reasonable to believe (1) that increasing government spending is not the best way to promote economic growth in a depressed economy, and (2) that if the government is going to spend gobs of money, those on whom it is spent will benefit. In this case, the right thing for a congressman to do is to oppose the spending plans, but once the spending is inevitable, to try to ensure that the constituents he represents get their share. So what exactly is the problem?

Let me offer an analogy. Many Democratic congressmen opposed the Bush tax cuts. That was based, I presume, on their honest assessment of the policy. But once these tax cuts were passed, I bet these congressmen paid lower taxes. I bet they did not offer to hand the Treasury the extra taxes they would have owed at the previous tax rates. Would it make sense for the GOP to suggest that these Democrats were disingenuous or hypocritical? I don't think so. Many times, we as individuals benefit from policies we opposed. There is nothing wrong about that.

gregmankiw.blogspot.com
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