The stimulus was at the top of everyone’s mind tonight. My position, as a taxpayer I’m feeling insulted. The stimulus bill cannot be both the only thing standing between America and a Great Depression AND a pork laden orgy of liberal interest group payback spending.
I feel like the permanent political class has largely created this mess and now they claim to have the answers. The way they are porking up this bill with non-stimulus waste is indefedsible. The way they are acting is literally obscene. It’s not the size of the bill that bothers me. I’d settle for a smart, responsible stimulating $840 billion instead of the mess we have now. I think we need something that size.
The CBO, who has an awesome blog by the way, estimates,
"…that the shortfall in the nation’s output relative to potential levels will be the largest– in duration and depth– since the Depression of the 1930s."
Mark Zandi, chief economist at Moodyseconomy.com, says Obama “will need to ask for another $350 billion