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Tuesday, September 7, 2010

postheadericon A âstimulusâ thatâs not a stimulus

There he goes again. President Obama has taken to Middle America to peddle yet another stimulus package that will cost taxpayers billions. The price tag on the administration’s latest flailing at recovery is a modest $50 billion, but to hear this president talk, it’s the salve that will soothe all that ails us economically.

What an election-year farce. We’re well into September, and the administration is still humming incantations hoping its “Summer of Recovery” is just over the next hill. And yet this man just doesn’t get it. The answer to the economic doldrums we’re facing is not more government infusions of cash. If Friday’s unemployment numbers told us anything, it’s that the private sector is not hiring. Period.

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