About the Author
Mr. Smith is a Systems Architect for Wells Fargo, Communications Director for the Polk County Republican Party, and a political blogger at the Des Moines Register. He is a founding member of Valley Evangelical Free Church in West Des Moines, Iowa. Art is the Publisher and an Editor of The Conservative Reader, The Conservative Reader: Iowa and Editor of Blog Net News Iowa. He occasionally appears at BitsBlog, and substitutes for Tim Albrecht at "The Beanwalker Live!" on the internet radio station Des Moines Local Live.
Art's views are purely his own and do not necessarily reflect the views of Wells Fargo, Polk County Republicans or Valley Evangelical Free Church.
By Art Smith. Posted Thursday, Feb 7, 2008 at 7:45 pm Filed Under: Economy, US Congress, US Politics
That economic stimulus package (mentioned here just a couple of hours ago) got turned around quick in the House! Looks like we’ll be seeing some cash. I just want to know when they want it back.
Daniel Gross at Newsweek doesn’t think it will work. He’s got some great background referenced, including American Century Investment survey that shows only about 27% of Americans plan to spend this money.
There was at least one sane sounding voice in Congress:
“We have to remember that every dollar being spent on the stimulus package is being borrowed from our children. And our children’s children,” said Sen. Judd Gregg, R-N.H., who voted against the bill.
There’s gotta be a better way.
Hat Tip to MSNBC and KCCI-TV.
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