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Thursday, February 26, 2009

Stimulus / Bailout Updates ...

Dr. Boudreaux has a gift for explaining these things.
Cafe Hayek: Build that Dam Using Only Spoons!: "Here's a letter that I sent today to the Boston Globe. In it, I try (however feebly) to undermine the absurd notion that the economic worth of any project is measured by the number of jobs required to complete it."

He gets it. (pic via Dilbert)
Dilbert on Bailout Hearings

Always good to read what Dr. Roberts has to say.
Halve The Deficit? Good Luck, Obama : NPR: "NPR.org, February 25, 2009 - In his first address to a joint session of Congress, President Obama pledged to cut the federal budget deficit in half in four years. Keeping that pledge won't be easy. The Congressional Budget Office is forecasting a deficit for this year of $1.2 trillion."

John Jerry has some audacity to say this after voting for the '$1 Trillion Spendulous Package.' (ht: Joe P.) Kerry should see the Dilbert cartoon above.
John Kerry Proposes to Penalize TARP Recipients Who Spend on Conferences, Parties and Entertainment - WSJ.com: "As if Treasury Secretary Tim Geithner didn't have enough to worry about. Now Senator John Kerry wants to make him national arbiter of the corporate golf junket."

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