Quote Originally Posted by Lemur View Post
One of National Review's (and the CATO Institutes') pet economists gets busted.
Hmm, its not quite so simple. The economist said;
Kling says this is a big bill, but not a big stimulus. There is nothing timely, targeted, or temporary about it. It is a simple transfer of money from one set of people to favored interest groups of the Democratic Party.
Which is a very good point; the bill is not what even a Keynesian economist would find ideal - it has long term spending, a whole bunch of pork ($300MM for green golf carts!), etc.

So wanting Keynesian spending back in 2000 and not liking this bill because it adds a huge debt and isn't that keynesian isn't hypocritical.

CR