12/12/08

Stimulus Silliness

There's a growing chorus of tut-tutters fretting that Obama's coming Super-Stimulus is dangerous because it's unfunded. "How are we going to pay for it?" they cry. These critics are either disingenuous or deeply confused. The whole idea of a stimulus is NOT to pay for it. If we paid for it (as opposed to running up a bigger deficit to do it), it wouldn't stimulate the economy. Every time you hear someone on TV saying "how is Obama going to pay for this," just imagine text popping up beneath them that reads, "I have no idea what I'm talking about."

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