Sunday, January 25, 2009

When Cats and Dogs Love Each Other

No one has ever excused me of being left of center however in the past couple of days I have supported a Kennedy (see post on Caroline Kennedy) and now the Washington Post editors are echoing the same sentiment I posted yesterday on the economic stimulus. Here is the link their editoral and a brief snippet of their comments.

"...some in Congress and the new administration apparently see the country's present recession as an opportunity to change the federal government's spending priorities more generally or simply to reward loyal political constituencies. This is understandable, given that the voters endorsed the Democratic Party and its priorities in November. But it's risky to make new, multiyear commitments in the middle of a crisis without debate over competing priorities -- and without paying for them through some means other than borrowing.

Helping hire, equip and pay police, a $4 billion item under the bill, might be a good idea, but writing checks to individual households for the same amount would do more to stimulate the economy. Ditto for $16 billion in Pell Grants for college students, $2.1 billion for Head Start and $50 million for the National Endowment for the Arts. All of those ideas may have merit, but why do they belong in an emergency measure aimed to kick-start the economy?"

Washington Post, January 25, 2009

http://www.washingtonpost.com/wp-dyn/content/article/2009/01/24/AR2009012401616.html

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