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Keyword: phonystimulus

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  • Radicals Wrote Failed Stimulus

    09/21/2009 6:53:12 PM PDT · by Kaslin · 40 replies · 3,240+ views
    IBD Editorials ^ | September 21, 2009 | INVESTORS BUSINESS DAILY Staff
    Policymaking: If the stimulus isn't working, perhaps it's because it was largely written by a collection of leftist interest groups called the Apollo Alliance that counts among its directors a co-founder of the Weather Underground.The Labor Department reported Friday that 42 states lost more jobs than they gained in August, and that 14 plus Washington, D.C., reported unemployment rates of 10% or more. Michigan's rate rose to 15.2%, highest in the nation. Nevada, represented by Senate Majority Leader Harry Reid, is second with 13.2%. California, home of House Speaker Nancy Pelosi, is tied for fourth with Oregon at 12.2%. Clearly,...
  • The Goal Is Freedom: An Unstimulating Idea

    01/28/2008 4:37:23 AM PST · by from occupied ga · 18 replies · 58+ views
    foundation for economic education ^ | 01/25/08 | sheldon richman
    "It's like taking a bucket of water from the deep end of a pool and dumping it into the shallow end. Funny thing -- the water in the shallow end doesn't get any deeper." That's how George Mason University economist Russell Roberts describes the logic -- rather, illogic -- of the economic "stimulus" proposals that everyone and his uncle are proposing. If we needed further demonstration of the folly that is the American political-economic system, there it is. The leaders of the interventionist state and the candidates who aspire to command it will continue to produce this inanity until people...