On Feb 1, 2009, at 12:31 AM, Suresh Ramasubramanian wrote:
J. Andrew Rogers [01/02/09 00:08 -0800]:
Eh? Only to the extent Obama is not responsible for the actions of
Congress, which controls much of this. The recent "stimulus" bill
was a record-shattering orgy of graft, corruption, and influence
peddling, and
He's got congress pushing him a bit more to the left, to be frank.
It is not about "left" or "right", it is about the politically
connected feeding at the taxpayer-funded trough. It is simple
venality, not some expression of ideological purity.
And the stimulus bill does make sense...
No, it does not. Even the Keynesians (who are the economics
equivalents of creationists) have a hard time coming up with evidence,
historical or otherwise, that this "stimulus" will have a net economic
benefit; it is the Broken Window Fallacy writ large.
as opposed to some of the wholesale pork (for
that you need to look at the past few decades of alaskan politics..
grade A
pork there)
That's all fine and well, but you have completely lost your sense of
scale. The sum total of Alaska's pork in a given year is a rounding
error in the current scheme of things, several orders of magnitude
smaller than the numbers that are being thrown around today.
We are talking about the difference between the price tag of a Boeing
747 and the GDP of India.
Cheers,
J. Andrew Rogers
