Schweizer

Stimulus Roll-Out

That chart illustrates 2 things:

1. Social Engineering using economic panic as an excuse to get away with it
2. Backfilling of collapsing State revenues to save government jobs and to salvage already-planned transportation projects. Not stimulative.

"Stimulus" has to have clear leverage. This bill was just pure "spending."

I'd like to see a chart where State budget shortfalls were overlayed on it in some way to see if there truly any net positive money left over to help the economy. My guess is that all $787B was just Federal borrowing to offset $787B in lost tax revenue across the country and very little of it is being used for "new" spending.