Feb 12th 2009
From The Economist print edition
Toxic tantrums, contingent chaos
The fiscal stimulus plan has some obvious flaws. Too much of the boost to demand is backloaded to 2010 and beyond. The compromise bill is larded with spending determined more by Democrat lawmakers’ pet projects than by the efficiency with which the economy will be boosted. And it contains “Buy American” clauses that, even in their watered-down version, send the wrong signal to trading partners.
I'm not sure how much more we can stand of this "Administration, but I know some of you respect The Economist.
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