Showing posts with label wall street journal. Show all posts
Showing posts with label wall street journal. Show all posts

Wednesday, March 4, 2009

Democratic Senator Evan Bayh Says No to Omnibus - No Stimulus Package Blog

In today's Wall Street Journal, Democratic Senator and former Indiana Governor Evan Bayh decries the pork-laden omnibus bill now blowing through Congress.

Bayh's blunt assessment: "The bloated omnibus requires sacrifice from no one, least of all the government. It only exacerbates the problem and hastens the day of reckoning."

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Monday, February 2, 2009

How Government Prolonged the Depression - No Stimulus Package Blog

Many credit New Deal policies with pulling the U.S. out of the Great Depression. However, FDR's plan was a mixed bag which in many cases prolonged the Great Depression.

Check out this great Wall Street Journal article by University of Pennsylvania professor of economics Harold Cole and UCLA professor of economics Lee Ohanian.

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Friday, January 30, 2009

A 40-Year Wish List - No Stimulus Package Blog

Check out this great Wall Street Journal article on President Obama's proposed "stimulus" plan. Again, if Dems would cut the pork (or even most of it), they have a much better chance of winning GOP votes. Check out some of the "stimulus" that passed the House vote:

- Less than $30 billion for highway improvements
- $600,000,000 for the federal government to buy new cars (not for you and me)
- $325,000,000 for STD prevention
- $150,000,000 to insure farmers against honeybee damage
- $81,000,000,000 for Medicaid
- $36,000,000,000 for unemployment benefits
- $20,000,000,000 for food stamps
- $1,000,000,000+ for the Department of Health and Human Services to study alternative medical treatments

Again, this is supposed to be a STIMULUS package. Perhaps most if not all of the money should go to jobs creation and incentivizing businesses and individuals to start spending again?!?

Call your Senators and Representative and tell them to vote NO on the current "stimulus" plan. (202) 224-3121

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