Critiquing the rationality of public policy, ruminating on modern life,
and exposing my inner nerd.
Thursday, January 24, 2008
Flushing good money after bad
With the U.S. supposedly teetering on the edge of recession, Congress is preparing an "economic stimulus" package to [help prevent recession/slow the progress toward recession/make the recession less severe]. Unfortunately, Paul Krugman (economist) notes that most of the stimulus isn't going to those who will actually spend it. Which makes it a pretty expensive ($150 billion) "not much of a stimulus" package.
Labels:
Congress,
economy,
legislation,
waste
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