Look, this is one of the worst bills in galactic history. It's not only on the timing of it—as we saw from the Congressional Budget Office, more than half of the infrastructure stuff with the bridges and roads will not be spent until two years hence when the recession will be likely over or coming out of it, and it will only add to inflation, not jobs.
And it's the content of this. We heard earlier in Major's report, a third of a billion for contraception, a billion to states to help them collect child support, nursing training—all this is worthy, but it ain't stimulus.
If you look at what was left behind after last year's stimulus, $160 billion, it didn't have any effect on the economy. It left nothing behind.
This bill has a fifth of a billion for grass at the Jefferson Memorial. FDR left behind the Hoover dam and Eisenhower left behind the interstate highway system. We will leave behind, after spending $1 trillion, a dog run in East Potomac Park.
Monday, January 26, 2009
The Obama Stimulus Monument - A Dog Park
Charles Krauthammer gave his view of the Obama stimulus bill during Friday's Special Report:
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