Wednesday, February 06, 2002

"I'm looking for a stimulus package." "Are you over 18?"-Looks likes our old friend the filibuster has stopped a stimulus package, since neither the Democrats or the Republicans can pry 60 votes loose to pass something. I've never been a fan of active recession management-by the time a recession is spotted and a bill is passed, the economy is on the way back on its own and the pork and questionable spending/tax subsidies needed to grease the skids may slow the economy down more in the long run. Just set a good long-term fiscal policy and allow the economy to adjust itself.

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