Posted on 07/08/2009 8:44:59 PM PDT by fiscon1
One of the most poignant criticisms of the stimulus when it was being debated was that most of the stimulus was not going to be spent until 2010 and beyond. Here we had a president proclaiming that the economic apocalypse was upon us. Then, he proclaimed we had no time to debate the stimulus. Yet, the president's own estimations pointed out that the stimulus would take years and years to spend. The argument I just made about the slow nature in which the stimulus would be spent was made effectively during the stimulus debate. At the same time, the country was gripped with fear, the president was extremely popular, and he had the legislative winds at his back.
(Excerpt) Read more at theeprovocateur.blogspot.com ...
They are going to spend the money right before the election in close districts. That is how FDR won 4 times despite the worst performance ever. (It’s not the 2nd stimulus now, its the 3rd!)
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