Wednesday, January 28, 2009
The House stimulus bill. This would be really bad in normal times. In these times, it's very dangerous. I mean a trillion dollars of infrastructure spending would not be a good idea, but it would at least be, well, sincere. This monstrosity heaving itself out of the House is a recipie for an American lost decade and quite possibly worse. At a time like this to take a trillion dollars of borrowed money and just absolutely piss it away on rank pork? What kind of irresponsible low life votes for that? What could you be thinking? Our political system is really broken. We really are Japan, or worse, but instead of construction companies and bent banks we have public sector employees unions, insolvent banks and some weird sort of collective illusion that not only can we spend our way out of this mess, but that it doesn't even matter what we spend it on. And Obama signs anything like this swamp monster, I hereby take back all the nice things I have said about him.