Friday, February 06, 2009

Is it a Stimulus Bill or a Mugging?


Is it a Stimulus Bill or a Mugging? That question was posed by U.S. Senator Jim DeMint and I couldn't think of a better one myself. He posed this question while giving his alternative to the Democrats' bill, which he entitled, "The American Option".

While the so-called stimulus bill is big on government spending and small on actually stimulating the economy, it also has religious discrimination thrown into the mix. U.S. Senator Jim DeMint (R-South Carolina) tried to strike the religious discrimination from the bill with his amendment, but Democrats voted 54-43 against it.

Meanwhile, Obama and Pelosi are threatening dire consequences if their monstrosity of a bill isn't passed.

U.S. Representative Lynn Jenkins (R-Kansas) nails it in her column in my local paper, the KC Star. Her column was entitled, "Billions For Stimulus Bill That Does Not Stimulate". She did such a good job that I talked about it at great length on the radio show this past Monday. Take the time to read it all, but here is an excerpt:
Americans are struggling right now and need financial assistance.

Unfortunately, Speaker Nancy Pelosi and the Democratic majority in the U.S. House of Representatives have taken this as an invitation to fund their long wish list for new government spending.

This comes in the form of an $819 billion bill that they contend will stimulate the economy.

Each day headlines report that more Americans are losing their jobs. The bill that passed this week promised to create or save 3 million jobs. If correct, that means this bill would cost the U.S. taxpayer $275,000 per job.

This proposal has been touted as an investment in transportation and infrastructure, but only 3 percent of the bill will invest in highway construction.

While highway investment is minimal, Pelosi found $400 million for “national treasures,” $50 million for the National Endowment for the Arts, $335 million for prevention of sexually transmitted diseases, and $650 million for digital TV coupons.

These programs do not stimulate the economy, and they do not provide relief and assistance to you.

Americans need relief immediately, but only 7 percent of the funding in Pelosi’s plan will actually be used this year. The bulk of the funding won’t be spent for years to come.

The question is simple: Do we listen to what economists say will stimulate the economy immediately and cut payroll taxes, giving American workers more money in their pockets, or do we take $819 billion from workers and let politicians and federal bureaucrats decide how best to spend it?

Working Americans should be able to keep their hard-earned money to use how they see fit.

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