It's not often that I can say Congressional Republicans make me proud by their actions. So let's etch January 28, 2009, in stone as one of those momentous occasions. Hats off to the House GOP yesterday for standing 100 percent united against the Obama-Democrat trillion dollar pork bill that promises to mount piles of debt on my generation and future generations. Of course, this is small consolation as there aren't enough Republicans - with or without backbone - to stop the socialist steamroller "stimulus" from gliding through. But at least if the GOP hangs tough and united, rather than set us up for disappointment, the Democrats will own this economic disaster. (Will Senate Republicans follow their House brethren?) … [Read more...]
The Democrat “Stimulus” Bill: “Serious times call for silly, self-serving solutions”
Here's my new slogan for the day: "Serious times call for silly, self-serving solutions." At least as it applies to Democrats and their approach to addressing the current economic downturn . The Wall Street Journal sorts it out very nicely in today's editorial "The Stimulus Time Machine":The stimulus bill currently steaming through Congress looks like a legislative freight train, but given last week's analysis by the Congressional Budget Office, it is more accurate to think of it as a time machine. That may be the only way to explain how spending on public works in 2011 and beyond will help the economy today. According to Congressional Budget Office estimates, a mere $26 billion of the House stimulus bill's $355 billion in new spending … [Read more...]
Sign the “No Stimulus!” Petition
Update, 2/9, Noon MST: Here is a wonderful, brief article by Dr. Paul Prentice explaining the fallacy of the name "stimulus" for this bill and why it's a terrible economic prescription. Update, 2/9, 11:30 AM MST: Many, many visitors report difficulty getting to Americans for Prosperity's No Stimulus petition. Thanks to one commenter for pointing out another No Stimulus petition you can sign (from John McCain's Country First PAC). Keep up the good fight, everyone! Update, 2/2, 2 PM MST: Numerous commenters have pointed out they've had problems getting on the site linked below to sign the No Stimulus petition. Site hosts confirmed to me that a sudden and dramatic increase in traffic occurred after a mention on Rush Limbaugh's show, … [Read more...]