Monday, November 10, 2008

More BS from a member of Congress

Today on "Your World with Neil Cavuto", Representative Frank Pallone (D-NJ) was on the program, discussing a new round of economic stimuli. But this stimulus would not be in the form of for of a tax rebate. Instead the money would go to infrastructure (transportation, school construction and health care).

So, I guess the new word for more spending, is “stimulus”? We have a new word in the Obamaspeak dictionary. How stupid do they think we are? Of course there are some people who will be fooled. But no nation has ever taxed and spent itself into prosperity. Our nation was prosperous in the 19th Century because there was no income tax (except for a brief period during the civil war I believe) and much less regulation

And of course I don’t see anything in Article I Section 8 of the Constitution that authorizes Congress to “stimulate” the economy this way.

Usually Cavuto is pretty good about nailing politicians with goofy economic ideas, but he was pretty quiet today.

You can see the whole interview here.



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