The Senate is set to vote to saddle me, my children and yet unborn grandchildren with over $1 trillion in debt for a Porkulus bill that will not work. Is it "timely?" Not according to the CBO which estimates that less than 50% of bills spending provisions will take effect before the
end of fiscal year 2010. Is it "targeted?" Not unless the targets are the National Endowment for the Arts, Acorn, studying Climate Change and Sexually Transmitted Diseases. Is it "temporary?" It creates nearly 36 new government programs and as President Reagan said, "The closest thing to eternal life is a government program."
The wasteful spending and government programs in this bill will become the new "baseline." Any future attempt to cut or even freeze this current level of spending will be heralded by Democrats and their Greek chorus in the Main Stream Media as "devastating cuts" that will "gut these vital programs" and "hurt most the people who can afford it least."
Why are the Democrats racing to pass this bill? Does anyone think that a week of debate and deliberation will unalterably destroy our economy? No. The Democrats know that if Senators and members of Congress and more importantly, the American people get to read this bill, the more support will erode.
What will work?
Tax cuts for people who pay taxes.
Reduce the corporate tax rate and the capital gains tax rate.
Increased unemployment and health benefits for those people who have lost their jobs.