More 'Stimulus' Tomfoolery

This is an absolute must-read, not long, from yesterday's WSJ.
A 40-Year Wish List - WSJ.com: "You won't believe what's in that stimulus bill. ... We've looked it over, and even we can't quite believe it. There's $1 billion for Amtrak, the federal railroad that hasn't turned a profit in 40 years; $2 billion for child-care subsidies; $50 million for that great engine of job creation, the National Endowment for the Arts; $400 million for global-warming research and another $2.4 billion for carbon-capture demonstration projects. There's even $650 million on top of the billions already doled out to pay for digital TV conversion coupons."

I see Walter Williams signed on to this. (pdf) (more here)
With all due respect Mr. President, that is not true.: "President Obama says that 'economists from across the political spectrum agree' on the need for massive government spending to stimulate the economy. In fact, many economists disagree. Hundreds of them, including Nobel laureates and other prominent scholars, have signed a statement that the Cato Institute has placed in major newspapers across the United States."

Yup.
David Harsanyi : The Biggest Con -- Ever: "Democrats have concocted a surefire political victory. They've notified America that the so-called 'stimulus' bill might take a long time to work -- which is exceptionally handy, considering we always come out of a recession at some point."

Walter Williams explains.
Walter E. Williams : There Is No Santa: "A visual representation of the stimulus package is: Imagine you see a person at work taking buckets of water from the deep end of a swimming pool and dumping them into the shallow end in an attempt to make it deeper. You would deem him stupid. That scenario is equivalent to what Congress and the new president proposes for the economy."