Thursday, February 28, 2008

Democrats: Tuna is an Economic Stimulus

Faced with falling approval ratings over their failure to accomplish anything significant, Congressional leaders have developed a new plan to prove just how effective they are: label everything they do an economic stimulus:

With a bipartisan compromise on their first economic stimulus package behind them, the second, third and fourth waves of Democratic legislative endeavors likely are to be partisan if this week’s debate on the Democrats’ second “stimulus” bill is any guide...

The housing bill has little in common with the $156 billion economic stimulus of tax rebates, but that hasn’t stopped Democrats from dubbing it their “second stimulus” bill. It’s a branding approach that Democrats said will be a common sight this year.

“They don’t call ‘horse mackerel’ horse mackerel anymore. They call it tuna so they can sell it,” said Sen. Ben Nelson (D-Neb.). “Labeling becomes extremely important. ... Sometimes it’s a bigger stretch than others...”

Senate Budget Chairman Kent Conrad (D-N.D.) said Wednesday that the budget blueprint he intends to consider in committee next week probably would make room for a $35 billion economic stimulus package. The proposal is likely to include extended unemployment benefits as well as additional funding for food stamps and low-income home-heating assistance, he said...

According to the Democratic Senators quoted by Roll Call, home heating oil subsidies, food stamps, unemployment benefits, pork-barrel projects, mortgage assistance -- it's all an economic stimulus! By this logic, there's no government spending that isn't. Here's a suggestion: perhaps Congress can boost the economy by funding the war on terror, or not raising taxes on oil and gas. Either would be more effective than the lipstick-on-a-pig approach advocated by Democratic leaders.

Michelle looks at the inefficiency of the housing bill congressional omnibus residential infrastructure and fiscal stimulus package.

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