Thursday, January 17, 2008

Congress To The Rescue?

We talked today about the bipartisan effort (really) led by Senator Kennedy to stimulate the economy and I tried to explain why this would be bad. $100 rebates in the hands of stretched consumers do little more than make politicians pound their chests. Extending unemployment when we are nearly at full employment is window dressing. Increase food stamps, freeze interest rates ... blah blah blah.

Now this at Red State ... read it all