Stimulus from all sides
It's easy to point the finger at Democrats for the ginormous stimulus package currently being debated in the Senate. They are the ones, after all, in leadership and who have set the rules up - particularly in the House - to limit or avoid altogether GOP amendments.
But Tyler Cowen at Marginal Revolution points out that Republicans get their share of blame too. The GOP added a $15,000 tax credit for homebuyers into SB 1. Tyler points out that this is unlikely to have a positive impact, and more likely will continue us down the road that helped get us into this current mess.
If GOP leaders want to help stimulate the economy, they need to vote against this bill and start over, either with new ideas or with the (small) pieces of the current bill that actually stimulate economic activity.
If you want to help, sign the petition at NoStimulus.com and give your Senators a call while you're at it.
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