DC Republican Examiner: Harvard Economist: 'Stimulus is probably the worst bill that has been put forward since the 1930s'

Obama's combination of mega-spending and welfare payments tax rebates to people who don't pay taxes (as opposed to cuts in the tax rate), are a double-whammy of pure Socialist folly.

via examiner.com

Out of touch. That's what we all are. People driving Lexus' from their subdivision to their jobs as accountants, are out of touch with people riding dirty huffy bicycles from their tiny low-income housing projects to their job washing dishes. Single moms raising kids are out of touch with executives with nannies.

Cutting taxes on the rich may well drive the economy, but after nearly a decade of such "economy building" what has the average American seen? A strong economy may eventually mean opportunities for the working class, but it immediately benefits the rich. Obama's plan immediately benefits the poor, and will likely benefit us all through a better educated, fairly privileged, and satisfied work force.

Neither side understands the other, but I like to think that somewhere in the give and take struggle of democracy, a balance is struck. For a time the rich will rule and pillage the social programs of the poor. Once they've been sufficiently exploited, the proletariat is motivated to take them back.

It's likely only a matter of time before Obama's policies give birth to wasteful bureaucracies. Over regulation is bound to occur. But this is the kind of nation building we need. These are the programs that the average person wants. The average person *WANTS* free healthcare. The few who can afford their own have had their say for decades. The few who wanted a war with Iraq, had their way. The few who would rather see our planet shrivel rather than have our factories burdened with regulations had their way. Now's the time for someone else to have their say, and right or wrong, I figure they're about to have it.

Posted via web from neoPostModern CyberBilly