Thursday, February 26, 2009

The Stimulus Fiasco

When will government ever realize that the only sure . . . and proven . . . way to cure a sick economy is to lower taxes and to provide incentives for investment ? The random splashing of extraordinary amounts of money around under the guise of stimulus is simply another way of redistributing wealth through welfare and earmarks. And to generate these funds by burdening our children and grandchildren with a crushing debt load is virtually criminal. The orgy of the past was fueled by leverage. The pain of deleveraging America should be borne by those who participated in this Nantucket sleigh ride, not by the innocent and the unborn.

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