In the end, no one read it. In too much of a hurry, too many more important things to do. So Congress passes a $787 BILLION budget buster, saddling our children with a tremendous debt burden, without even bothering to see where the pork is going. And the sad fact is, most economist say it won’t help the economy, and will likely hurt in the longer term. While President Obama assures us that with the passage of ‘stimulus’ Caterpillar Corporation will be able to hire back people recently laid off, the CEO of Caterpillar assures us that is not the case. What the ‘stimulus’ is likely to do is set in motion massive inflation.
So in the end, score one for the GOP in standing up against fiscal irresponsibility. Give points to Judd Gregg for finally coming to his senses and making a stand on principle. Points must certainly be deducted from Senators Snowe, Collins, and Specter for enabling the Democrat spending splurge. RINOs indeed.
The picture below perfectly captures the tone of the debate. For the Democrats, it’s party time – the spending taps are open!
$787 billion, and no one read it.
No comments:
Post a Comment