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: Instapundit.com

ROBERT SAMUELSON: The Squandered Stimulus: ?The program crafted by Obama and the Democratic Congre?

By Glenn Reynolds

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ROBERT SAMUELSON: The Squandered Stimulus: “The program crafted by Obama and the Democratic Congress wasn’t engineered to maximize its economic impact. It was mostly a political exercise, designed to claim credit for any recovery, shower benefits on favored constituencies and signal support for fashionable causes. As a result, much of the stimulus’s potential benefit has been squandered. . . . Here, as elsewhere, there’s a gap between Obama’s high-minded rhetoric and his performance. In February, Obama denounced ‘politics as usual’ in constructing the stimulus. But that’s what we got, and Obama likes the result.”


Full post as published by Instapundit.com on July 20, 2009 (boomark / email).

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