Word: pork
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...rather than proposing and driving through Congress his own economic-stimulus plan, President Obama ceded the construction to House Democrats. They in turn have come up with a pork-laden, ineffective piece of legislation, which I think Americans are increasingly recognizing will not solve the economic challenges we face...
...anyone reads basic economics anymore. It has been widely understood for centuries that government does not create wealth; it merely redistributes it. The stimulus plan can be summarized as follows: we are going to borrow a trillion dollars from foreigners and spend it on a mile-long list of pork-barrel projects that we don't immediately need (or else we would have found another way to pay for them) and hope this gets us out of the recession. Stimulus won't solve the fundamental economic problems of this country: decades of low savings coupled with ravenous consumption, fueled...
...Airways Flight 1549. Their critiques seem even more comical when you see their alternatives. They warn that President Obama's stimulus package will explode the debt--so they want to make George W. Bush's debt-exploding tax cuts permanent. They say Democratic spending plans are full of pork--then they propose an extra $24 billion for the Army Corps of Engineers, the federal equivalent of Oscar Mayer. Let's just say their idea bank could use a bailout...
...measure, along with the withdrawal of two Obama appointees who have had tax problems, has put the White House on the defensive. On Feb. 3, Obama summoned network-television anchors to Washington for prized Oval Office interviews and let it be known that he had hectored Democrats to strip pork out of the package; that sound bite was overshadowed by Obama's concession that he had "screwed up" in the Tom Daschle nomination. By the next day, the tax break for filmmakers had vanished, along with plans to subsidize contraception and beautify the National Mall. But even as the bill...
...Airways Flight 1549. Their critiques look even goofier when you see their alternatives. They warn that President Barack Obama's stimulus package will explode the debt - and so they want to make President Bush's debt-exploding tax cuts permanent. They say Democratic spending plans are full of pork - then they propose an extra $24 billion for the Army Corps of Engineers, the federal equivalent of Oscar Meyer. Let's just say their idea bank could use a bailout...