“President Barack Obama’s expansive and expensive plan to revive the economy is all but certain to clear its first hurdle when the House of Representatives votes Wednesday on an $825 billion stimulus package that melds increased government spending and tax cuts. Despite Obama’s desire for bipartisan support, the vote is expected to be largely along party lines.” (Fox News, Wednesday)
The fairy tale that government spending is good for an economy dies hard.
FEE Timely Classic
“The Myth of Wartime Prosperity” by Thomas E. Woods Jr
Wednesday, January 28, 2009
House Set to Approval Stimulus Bill
