A good read! This could have been avoided if the stimulus had actually been given to the taxpayer and a spending or debt reduction recovery had happened rather than the Pork Stimulus which never really does the job of creating wealth and jobs.
Mel
I wish I still had the piece posted here on freepers (I think it originally was posted over at the Daily Beast) that explained how the stimulus was put together. No wonder it didn’t work.
I regret I didn’t save it.
IIRC, basically Pelosi and David Obey told their members to pull out every half baked “wish list” project in their desk drawers (that wouldn’t survive the light of day when GWB was in office) and hand them over. This was going to be their chance to get these loser projects funded. Indeed, these were projects that the governors of their own states had refused to fund out of their budget!
I wish I still had that article. Knew right then and there this would be a disaster.
meh
That's what Americans need to be educated about before they go into the voting booth next time around.
It already belonged to the taxpayer. It should have never been taken. That, along with budget cuts (as you said) would been a much better fix.
Then, the Congressmen who created this problem should have all been charged criminally, tried, convicted and incarcerated.
Unfortunately, Republicans (Bush included) were enablers or accomplices.