John McCain points out that the new stimulus plan will spend $900,000 for each job it hopes to create. Why not just give every unemployed person $900k and see what happens? At least that chaos would be entertaining.
"Mr. Obama said the legislation was not perfect, but rejected criticism that it was full of pet projects. Responding to the Republican criticism that it was a big spending bill, the president said: “What do you think a stimulus is? That’s the whole point.”"
The President doesn't know of any way of stimulate the economy other than having the government spend giant piles of money. Disconcerting.
Also, for those of you who might be interested, check out this exchange in the third debate:
"Give us some specifics on what you're going to cut back.
OBAMA: Well, first of all, I think it's important for the American public to understand that the $750 billion rescue package, if it's structured properly, and, as president, I will make sure it's structured properly, means that ultimately taxpayers get their money back, and that's important to understand.
But there is no doubt that we've been living beyond our means and we're going to have to make some adjustments.
Now, what I've done throughout this campaign is to propose a net spending cut."