I think it's time we hit the brakes. Take a deep breath. Go to our happy place. Whatever it takes.
Don't get me wrong; I want to see the economy bounce back as much as the next nervous consumer, but I think the president's plan is rife with more pork than Jimmy Dean's cellar.
Now, admittedly, I haven't paged through the entire bill that the House will vote on (and likely pass) tonight, but I can spot needless spending when I see it. (I do look at my own checkbook often enough.)
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For starters, let's just say that we're staring at a proposed Medicaid expansion that makes SCHIP look paltry by comparison. If this thing sails through, someone making six figures who finds himself unemployed can actually apply for – and receive – Medicaid. Does someone want to stand up and tell the suits in D.C. about COBRA?
I also saw someone this morning talking about these new temporary entitlements and how they'll help prop up the economy. I don't know about you, but a temporary entitlement sounds about as realistic as a terrorist-fighting mall cop. Like a free lunch, there's just no such thing.
Have we learned nothing over the last six months? What we stimulate now, we pay for later. Just ask Ted Haggard.
It's like the feds are treating taxpayers like we're all one giant cash advance shop. They just need a little help until payday. Then they'll pay us back. Promise.
Yeah, and Tom Daschle's gonna return my call tomorrow.
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