Originally Published: February 9th, 2009
In today’s Wall Street Journal a full page ad from the CATO Institute notes President Obama’s message, “There is no disagreement that we need action by our government, a recovery plan that will help to jumpstart the economy,” and counters with, “With all due respect Mr. President, that is not true.”
The ad has a throng of economists from the nation’s universities who believe that government staying out of the economy is the best and only way to stimulate the economy. They believe that tax cuts, reforms that remove impediments to work, saving, investment and production, plus tightening the fat belt of government will solve our problems.
The Beefboy couldn’t agree more. I wish I could have added my name to that page. This “stimulus” bill is perhaps the biggest waste of taxpayer money in human history and a crime against our children. The engineers of this bill should be impeached or jailed for treason.
The ad also mentions that government spending didn’t get us out of the Great Depression, or Japan out of their “Lost Decade” in the nineties, and that we should learn from what history taught us. Unfortunately, the populace can name more American Idols than American Founding Fathers.
Obama is betting everything on this bill and he’s only been in office two weeks! I expected better from him. At the very least he’d better get the social engineering and payoffs to political friends out of the bill, because Barney Frank, Chris Dodd, Nancy Pelosi and Harry Reid sure as fuck are not going take responsibility for this bill if everything goes tits up!



