Political Stimulus

January 30th, 2008 by Senior Editor: Jeff

Tennessee’s very own Senator Corker stands up to Bush’s stimulus package (sorry):

“What I see in this package is nothing but a political stimulus,” said Corker. “It’s a stimulus to make the American people think that we, as a body, are doing something to actually cause the economy to be stronger. “

He’s right. Fiscal stimulus such as that being considered in the Senate have not been proven to help the economy. The only thing they help is re-election campaigns. It’s good to hear some sanity coming from Washington.

(PS, it’s good to be back.)



Posted in Finance, Politics | Comments