The House Moved Fast!

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.

About the Author

Mr. Smith is the Publisher of The Conservative Reader. He is Partner/Owner of Ambrosia Web Technology as well as a Systems Architect for Wells Fargo. Art hold a degree in Computer Science from Drake University in Des Moines, Iowa, and is a political blogger at the Des Moines Register. Art's views are purely his own and do not necessarily reflect the views of Wells Fargo.

 

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