Thankfully, some in Washington still have some sense OR Spending what we don’t have on what we don’t need…

It is no secret that Obama is completely clueless as to what it takes to revive the economy (hint: lower taxes for individuals and businesses and a reduction in the size of the government), and is hell bent on pushing through a humongous “stimulus” package:

President-elect Barack Obama is laying the groundwork for a giant economic stimulus package, possibly $850 billion over two years, in his first test of legislative give and take with Congress.

Obama’s economic advisers are assembling a recovery plan and reaching out to members of Congress and their staffs.

Obama aides cautioned that they have not settled on a specific grand total. But they noted that economists from across the political spectrum have recommended spending similar or even larger amounts to jolt the worsening economy.

Thankfully, not everyone in Washington is drinking his magic Kool-Aid…

Senators McConnell and Alexander spoke about what an economic stimulus ought to contain:

Senator Alexander: We — as the leader said, we want to be full participants in any kind of stimulus package that actually helps our economy grow, helps create jobs, helps stabilize housing.

We’re not interested in just spending money that we don’t have for projects that we don’t have to have at a time of such high deficits.

There is still hope for the Republic…

Posted by PUMA Pundit

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