We just HAD to spend all that money on the stimulus plan. We all know this, because if we didn’t we would have been thrust into the worst economic disaster since the great depression. Heck, maybe worse! There were flying monkeys reported in many parts of the nation and nary a ruby slipper in sight. As our friend Yid with Lid reports, initial reports of the demise of the United States economy may have been exaggerated.
The supposed stimulus bill had little or nothing to do with the turnaround. You might remember the controversy two months ago when we found out that the pace of the stimulus spending was much lower that anybody expected. According to new reports, spending on Porkulus projects have slowed down even further.
Lets put two and two together here, if the economy is turning around, and the stimulus did not factor into it, and the vast majority of the stimulus dollars have not been spent as yet, maybe its time to cut the rest of the stimulus. Politically its a great move for the President, as voters are very concerned with the size with the deficit. And its a great move for the country as that concern is very justified.
So we really didn’t spend much of the money and of the amount we did, much of it was bled away allowing dysfunctional state governments to patch up holes in their budgets while creating no jobs. And now, the economy is recovering anyway? What say, rather than having a Porkulous Part Two, we give back the rest of the money from the first one?
Naw. Never happen with Washington, DC. People wonder why I spend so much time fretting over the Federal government sucking up and flushing away our tax dollars? Once they claim any money, it never comes back. Never. That’s why.