Sunday, February 15, 2009

Rebutting the Buttheads

The official response to the passage of the stimulus bill given by Sen. Murkowski highlights the GOP 's detachment from any semblance of rational thought:

Democrats, it seems, settled on a random dollar amount in the neighborhood of $1 trillion and then set out to fill the bucket. Republicans, on the other hand, thought that we should figure out what was at the root of the problem, and then see how much it would cost to fix.”
Let's review. The objective of the stimulus plan was to fill in the projected GDP output gap. That gap is expected to be $2.9 trillion in the next three years. Okay, here's the hard part Senator. Divide 2.9 by three and you get a number close to one (trillion).

Furthermore we know what the root of the problem is. The economy is in a recession. No need to investigate that point anymore.

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