Honest leadership … open government … and the Tooth Fairy. Breitbart and Naked Emperor News catches Rep. Brad Sherman (D-CA) telling his constituents in a telephonic town hall meeting that the new stimulus bill Democrats will promote in coming weeks is “pretty much similar” to Porkulus, just smaller in scale — which isn’t exactly news, since even Democratic leadership isn’t foolish enough to think they can get another $787 billion after getting nothing more than the loss of 3.4 million jobs from the first one. In an Orwellian admission, Sherman tells listeners that he’s been told not to call it a stimulus bill, but a “jobs bill,” even though he also admits that the jobs won’t come for years later...
“I’ve been pushing for aid to state and local governments. First, because my own state is having such severe problems. And second, from a macroeconomic standpoint, we’re trying to have jobs now, and construction projects, for example — they talk about them being shovel ready, but even if you’re ready to start building a bridge now, a big chunk of that work is going to be done in 2013, 2014.”
Considering that not even half of the money allocated in the first stimulus bill hasn't even been spent, yet. Why must we already pass another one? Shouldn't we spend that money first? This the Democrats in Congress trying to look busy, in order to claim that they are doing something, anything to help create jobs.
The sad fact is that Congress can do very little to stimulate the economy, and what they can do, cut taxes, they aren't doing. A spending spree will not do any long-lasting good. It may create a few government jobs, but it won't create nearly enough private sector jobs to justify the massive expenditure.