The Corner

The Stimulus Package

Megan McArdle:

It’s a terrible idea. It wouldn’t, mind you, be any less of a terrible idea if the Democrats were 100% in charge; in fact, the notion of trying to enact stimulus through the food stamp program is daft on so many levels that I really don’t even know where to begin. The Democratic/Republican debates over this were just quibbling over whose supporters got to sup longer at the trough. And indeed, ultimately the reason that we’re getting this package is not that anyone seriously thinks it will save the economy. Rather, politicians needed to be seen to be doing something, and well, this is something. 

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