Wednesday, January 23, 2008

What a country!

From the transcript of last week's Washington Week in Review: (emp add)
MS. RADDATZ (ABC News): I was at the White House today, heard the president talk about this stimulus package, which basically means a growth package to spark the economy, talking about Congress and that they'd all work together.
MR. MAGGS (of National Journal): ... all the candidates and all the economists will tell you that in the long-term, the [national debt] bomb is ticking and time is running out on dealing with what's going to be a runaway deficit problem. So $140-$150 billion, if that's the size of the deficit, is not going to make a huge difference, but it all does get dumped in there and has to be paid for some time. But let me just say, the other great thing about stimulus packages is there's now an agreement that they don't have to pay for anything. So everyone's happy in that sense.

MS. IFILL: That's a wonder. That's what makes everybody happy in Washington when something seems like it's free.
So there is a free lunch. Or something like that.


Maybe not a "free lunch," rather "political Viagra" with the public ending up screwed.

By Blogger Shag from Brookline, at 1/24/2008 5:03 AM  

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