The non-partisan Congressional Budget Office announced today that the so called stimulus package will actually make the economy worse. This is really not a surprise since the legislation is an extreme version of the same old wasteful, government spending (aka payback to all the various politicians and other entities that supported Obama in his election).
"President Obama's economic recovery package will actually hurt the economy more in the long run than if he were to do nothing, the nonpartisan Congressional Budget Office said Wednesday. "
You can read the article here.
Welcome to the arena
Here you will find my opinions about the application of political principles to the news of the day. My perspective is clearly from the conservative point of view. This is a place to express my concerns, passions, irritations, and commentary as they apply to the current political issues of the day. Political is defined loosely in this blog. There may be posts that are not strictly political, such as movie reviews, medical topics, religious commentary and thoughts on history. I hope interest will be generated by blending my thoughts with current events. I anticipate that there will be honest disagreement. I encourage feedback to my posts with the goal of achieving clarity of disagreement. I will strive to keep the conversation polite and respectful, while avoiding political correctness and maintaining tension to keep things exciting. Hopefully, friends and family will enjoy frequenting the arena for a little intellectual stimulation and good ol' fashioned debate.
Friday, February 6, 2009
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