Yesterday Obama passed his eleventy jillion dollar “stimulus” bill.
It includes things like 50 million to the NEA, an organization that among other things is a liberal stronghold of kooks. One thing it’s NOT is a way to create new jobs.
The bill also includes tons of infrastructure money – billons of dollars – aimed at “spending money for spending’s sake.” Much of this money will be injected over the course of 5-7 years. Somehow I struggle with how this will help the unemployment in 2009. I’m not a Nobel Laureate, but I did take a lot of economics, and this concept that the government can spend us out of a crisis is simply silly.
At first, when Bush wanted to do the bailout, most Americans hated the concept. We were told it was absolutely necessary, and they passed it in spite of public outcry. It did nothing to help the economy, and the Republicans went on to get their hineys handed to them in November.
Yesterday, conservative free-market thinkers like myself lost. The stimulus passed handily. But I’m proud. I’m proud because not one Republican voted for it.
One of our local representatives was on the radio afterwards, and he said “we finally did the right thing in spite of political pressure, and we did it because the public melted our phones.”
Maybe there’s still a twinkle of conservatism still alive. It’s on life support, but it’s still there. Now, should the stimulus bill fail (which it will), Obama and the Democrats will have 100% of the responsibility for the failure. If it works (which it won’t), the Republicans are finished for at least 50 years.