Limbaugh on the stimulus

David, not Rush.

The Worst of All Worlds

At the risk of beating a very live horse, the worst of all the horrible things about President Barack Obama's "stimulus" bill is that even if it worked to stimulate the economy beyond the president's wildest expectations, it would cause a further explosion of the national debt, which would become a worse "catastrophe" than the one this bill promises to alleviate.

Yet the president is so eager to start spending the people's money he can barely be trifled to acknowledge the growing debt as a concern. When backed into a corner, all he can do is attack the credibility of his critics on the issue, as if pointing fingers at the other kid in the schoolyard either exculpates him or addresses the problem.

Twice during his tightly controlled prime-time marketing infomercial, billed as his first presidential news conference, he aimed partisan fire at Republicans for daring to raise the issue.

[snip]

So this plan is the worst of all worlds -- unless you are a once-closet socialist trained in the grand academic tradition of Chicago street organizing who finally sees an opportunity to "come out" and work your wonders on the poster nation for greedy and decadent capitalism, the United States of America. It involves incomprehensible spending in aggravation of an already dangerous national debt load; a possible net retardant effect on economic recovery; greater government control over the economy, with a consequent diminution of our liberties; and a necessary reduction of essential government services.

Frankly, I think it's just about time to panic here -- and the market apparently shares that sentiment.

As do I, Mr. Limbaugh. As do I.