Wednesday, January 28, 2009

The "stimulus" scam

You probably already knew that the spending portion of the proposed “stimulus” is just a huge slush fund for politicians to pay off their supporters, but for those who might be holding out:

Only 8% of the spending occurs in fiscal year 2009, and only 41% in FY 2009-10 combined.

In other words, pretending for a minute that spending bills can actually stimulate the economy, most of the spending will be done after no stimulus is even needed.

Can you say “Scam”? I knew you could.

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