Krugman and Big Government
Let’s give it to Paul Krugman. He can find a way to twist things to utter amazement. For instance, in his opinion at http://www.nytimes.com/2009/08/10/opinion/10krugman.html?_r=1&ref=opinion he states: “From the beginning, I argued that the American Recovery and Reinvestment Act, a k a the Obama stimulus plan, was too small. Nonetheless, reasonable estimates suggest that around a million more Americans are working now than would have been employed without that plan — a number that will grow over time — and that the stimulus has played a significant role in pulling the economy out of its free fall.”
If anyone is paying attention, the “stimulus” has barely been touched. Indeed, numbers show that less than 10% of it has even been put to work. What we have in play here is the market, after an extended recession, beginning to right itself. It’s not a shock that the liberals will choose to ignore these facts as they attempt to claim victory for their big government initiatives.
How is this going over with the public? Not so great. Simply tune into the many town hall meetings to get a flavor for how the people that elected these officials feel about their actions.
Here’s a suggestion. Return the 700 billion dollars to the people who are on the hook for it: taxpayers. It is our money, in reality.
