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Monday, February 02, 2009
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A Crazy Idea

But first a caveat.  I disagree with the premise of the stimulus, and don't think it will work.  In fact, I'm very afraid that this sort of action will lead us down the same road as Japan in the 1990's... what is known as the lost decade, where they faced a 10 year recession.  However, there are a lot of people who seem convinced that the stimulus will rescue us.

Fine.  The problem of course, is that the majority of stimulus money won't even be spent in 2009.  So to allay the fears of misspent money... why not create two separate bills?  Why not have an "Emergency Bill" for the funds to be dispersed this year, and a second bill that can be diliberated over more time (a couple months maybe) for funds that will spent afterwards?

Of course, this is a preposterous notion on its face, because the reality is that the Democrats are using the stimulus as their version of the Patriot Act.  Pass something really quickly, which nobody will have the time to read (just like nobody actually had time to read the Patriot Act), so that we can put in all the things we've wanted for a long time, but could never pass because it can't withstand debate on its merits.

But if that's not true, then you shouldn't mind waiting... right?  So why not pass two bills?

# Posted at 12:45 PM by Nick  |  Comment Feed Link 1 Comment  |  No Trackbacks

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Monday, February 02, 2009 1:18:43 PM (Central Standard Time, UTC-06:00)
Because it's a CRISIS!1!!@!11one!!!1
BJ Lillo
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