Who Are We Stimulating?
Posted in Corporatism, incentives on Jan 29th, 2009
The Obama Administration is proposing (and going to get) an $825 billion “stimulus package.” The worst kept secret in town by now is the orgy of rent seeking and hypocrisy this bill represents. Hundreds of millions for contraception? Hundreds of millions for trophies? $90 billion in spending on “infrastructure” (less than 15% of the total […]