DEMS ITCHING TO DIG DEBT DEEPER

NY Post ^ | July 11, 2009 | Michelle Malkin

[Scanian]

LET there be no doubt: Democrats are the party with two ideas: borrow and spend. The only vigorous internal debate on the left revolves around two questions: How much and how much more? Even as the first trillion-dollar stimulus craters, the debt-o-crats are floating yet another grand act of generational theft to create the illusion of jumpstarting the economy.

White House economic adviser Laura D'Andrea Tyson told an international economic conference: "We should be planning on a contingency basis for a second round of stimulus." Team Obama flack Robert Gibbs says the president isn't "ruling anything out, but at the same time he's not ruling anything in."

Despite the inconvenient fact that less than 10 percent of the initial stimulus has been spent (or misspent), congressional Democrats remain "open" to the idea of digging a deeper fiscal hole for your children and grandchildren.

The first stimulus bill was a massive payoff to special interests and political constituencies disguised as a job generator. A General Accounting Office analysis this week revealed that stimulus dollars allocated to states and localities are not being spent on what they're supposed to be spent on.

States are making up their own criteria for spending. The most economically distressed parts of the country are getting shortchanged. School and transportation bureaucrats are using the money to preserve their own jobs instead of "stimulating" others.

And assessments of the stimulative effect of the package are a joke. As House Republicans noted: "The administration has essentially 'rigged the game' of reporting the tangible effects of its stimulus program by creating an immeasurable metric - 'jobs created or saved' -- that no one can disprove."

[DB]

That’s the beauty of incompetence...

It is absolutely clueless that it is in fact incompetent. It just keeps on trying the same failed action over and over certain that this time it will be different...

Isn’t that the very definition of insanity?

[SECURE AMERICA]

LET there be no doubt: Democrats are the party with two ideas: borrow and spend. The only vigorous internal debate on the left revolves around two questions: How much and how much more? Even as the first trillion-dollar stimulus craters, the debt-o-crats are floating yet another grand act of generational theft to create the illusion of jumpstarting the economy.

NOTHING HAPPENS IN A VACUMN..
Unfortunately we live in a I want it all and I want it now society. The people that inhabit this Country are no longer the Americans of 50 years ago, 100 years ago, 230 years ago..
People that were willing to sacrifice for the good of generations to come. Now we have Americans that gladly place TRILLIONS of dollars of debt on their grand children and great grand children and then decide heck we need to add even more to that burden.
The democrats could not get away with this without the complicity of a large portion of the people...

[OneWingedShark]

It’s enough to make one weep, angry, and/or disgusted.