Monday, July 20, 2009

Samuelson: "...much of the stimulus' potential benefit has been squandered "


Newsweek economist Robert Samuelson is at it again:


The program crafted by Obama and the Democratic Congress wasn't engineered to maximize its economic impact. It was mostly a political exercise, designed to claim credit for any recovery, shower benefits on favored constituencies and signal support for fashionable causes. As a result, much of the stimulus' potential benefit has been squandered.
To read the rest click on the title for a link