Congressional Democrats’ So-Called “Stimulus” only Good for Government , Says Cato ScholarPosted by Kevin on January 27th, 2009
Dan Mitchell of the Cato Institute explains in the video below that the Democrats’ trillion dollar, slow-moving and wasteful government spending “stimulus” plan will not be the panacea to our economic woes. Mitchell’s comments come on the same day the non-partisan Congressional Budget Office confirmed that the plan offered by House Democrats will cost $1.1 trillion when all is said and done. “Only in the upside-down world of Washington do people think that making government bigger is a recipe for economic growth” says Mitchell. This entry was posted on Tuesday, January 27th, 2009 at 4:31 pm and is filed under Stimulus. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site. 5 Responses to “Congressional Democrats’ So-Called “Stimulus” only Good for Government , Says Cato Scholar”Leave a Reply |
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GOP Leader Blog
January 27th, 2009 at 6:32 pm
I was against the $700B stimulus plan and I am against this $825B stimulus plan. FDR exacerbated the Great Depression and was rescued by WWII, which ended the Great Depression. I have no desire to pass a bill which will fail dismally. I have no desire to pass a bill which will, in effect, guarantee no more tax cuts to the people who earned the money in the first place and guarantee another 50 years of Democrat or Socialist control of the US Congress.
Any Republican who votes for this plan should be called on the carpet. I have already given up hope the far-left Democrat Party would act responsibly to “We the people.”
January 27th, 2009 at 10:46 pm
Thomas Jefferson’s words are still true:
“[Some] seem to think that [civilization’s] advance has brought on too complicated a state of society, and that we should gain in happiness by treading back our steps a little way. I think, myself, that we have more machinery of government than is necessary, too many parasites living on the labor of the industrious. I believe it might be much simplified to the relief of those who maintain it.” –Thomas Jefferson to William Ludlow, 1824. ME 16:75
January 28th, 2009 at 8:56 am
There is a huge difference between throwing money at bankers who don’t get it - and investing in programs that help. Regulation was absent in the last 8 years - regulation combined with targeted programs can counter the lobbying efforts of the auto and energy industries who’s self interest swayed Bush and put us where we are
January 28th, 2009 at 12:48 pm
Not to be a downer. I agree with your thoughts on this “stimulus” package, but what can be done? The Congress is Democrat controlled, the President is a Democrat. Is there anything that can be done? Do the Republicans have enough for a filibuster in the Senate?
Since the election, I have been very wary of paying attention to politics, because it will just anger me. I cannot make a change. I voted and my candidate lost. Unfortunately, I cannot change the mind of the lawmakers. My representative is on your side, my senators are more conservative, I think (not sure where Voinivich is on this issue).
January 28th, 2009 at 10:21 pm
Let me understand this. The Grand Obsolete Party drives us off the road by spending more money than the first 42 administrations combined. Use fear to elect the most illiterate president in the history of the office. Now when they are voted out of office in a landslide election, they become obstructionists. This is crazy. When did the GOP become such a party of dim-witted old men?
I love the use of labels like “Liberal” and “Socialist” by people who barely understand the meaning of the words. And since we are quoting Jefferson how about this one. “The whole art of government consists in the art of being honest.” –Thomas Jefferson: Rights of British America, 1774. ME 1:209, Papers 1:134—Honesty, something the Bush Administration and those partisan hacks lacked in its entirety.