“Two weeks before assuming power, President-elect Barack Obama took his economic recovery package to Capitol Hill on Monday and worked to build a bipartisan coalition to endorse his plan of tax cuts and new spending with an urgent appeal ‘to break the momentum of this recession.’” (New York Times, Tuesday)
Still trying to turn stone into bread.
FEE Timely Classic
“What Spending and Deficits Do” by Henry Hazlitt
