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The Soft Bigotry of Low Expectations
Now that they have their "stimulus" bill, the Obama team is telling the American people not to expect a quick turnaround.
Roger Kimball:
"They haven’t even extracted the money yet and already they’re telling us poor suckers “not to expect instant miracles from the $787 billion economic stimulus bill he will sign this week, but said it would help eventually.”
Eventually? As in that “long run” about which Lord Keynes said, “in the long run we’re all dead”?
Bingo!
Roger Kimball:
"They haven’t even extracted the money yet and already they’re telling us poor suckers “not to expect instant miracles from the $787 billion economic stimulus bill he will sign this week, but said it would help eventually.”
Eventually? As in that “long run” about which Lord Keynes said, “in the long run we’re all dead”?
Bingo!
posted by Spencerblog at
8:00 AM
4 Comments:
When did Obama team EVER say there would be a quick turn around? I've always heard them say it will get worse before it gets better and it will take some time to feel the effects.
Isn't 'stimulus' supposed to have a short term effect in order to boost a declining economy?
Why do I have a feeling that another round of checks would have had a better outcome than government to planned parenthood? Government jobs doesn't do it for me.
we all knew he couldn't stay away from spencerblog - your site is like 'crack' to him. let's welcome back our favorite liberal extremist (But claiming to be 'independent') anon-iano!
This will work.... This will work... This will work.
OK, go do it.
Now that it's done.... This may not work.
What a joke. The honeymoon is almost over.
Listen, I agree with putting money into infrastructure improvements like roads and bridges - they should always have our attention (Especially with the disaster in Minnesota) but on all accounts there's way too much wasteful spending in this bill! High Speed rail line from LA to Las Vegas just for the gambling express? why not experiment with something more worthwhile at the moment - the shuttle line (Boston, NY, Phila, DC) - or hey, AC is getting killed - give them two direct high speed lines - one from NYC one from PHILA. The Las Vegas line has Harry Reid all over it - its a total shame that we're spending $8 Billion to benefit gambling over better uses. Will the Wynn and MGM group help fund that line?
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