But was it a Victory? And if it was so urgent that this bill be passed without anyone getting a chance to read it… why is Chairman Zero taking yet another weekend vacation and not signing the horrible bill until Tuesday of next week? Huh?
Why is it that stimulus has never worked, and tax/spending cutting has always worked, and our fearless leaders still keep coming back to stimulus?
That's an easy question.
Economic theory says that stimulus works while cutting spending cannot work, while there's no coherent economic theory that claims the other way.
And economic data shows that stimulus works while cutting spending deepens recessions.
Watching the democrats congratulate each other for passing this spending package, I was reminded of their glee after they passed the first TARP.
They obviously haven't learned much.
Obama may never really get it right given the bunch dumb people he has to rely on