Mr. Obama chose to let House Democrats write the bill, and they did what comes naturally: They cleaned out their intellectual cupboards and wrote a bill that is 90% social policy, and 10% economic policy. (See here for a case study.) It is designed to support incomes with transfer payments, rather than grow incomes through job creation.
Monday, February 9, 2009
What are the odds that Pelosi even knows the difference?
Barack Obama's Stimulus Plan Will Get Little Value for Money:
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