The Stimulus Swindle (Commentary): "President Bush is undoubtedly pleased. He said he wanted 'stimulus' built primarily on tax cuts and no new public investment--more proof of his desire to win the Most Out of Touch President title from Herbert Hoover (at least Hoover proposed new infrastructure with the tax cuts he claimed would prevent the Great Depression).What is more, I suspect that the GOP especially believes that the American people are so easy to buy off that a 300 dollar rebate will suffice. No matter that 700 billion for the war is being ignored. No matter that there is no investment in something for the social good. No matter.
Let's be clear: There's nothing inherently bad about Washington interacting with Big Business, and nothing wrong with 'stimulus' as a concept. But as this recession intensifies, there's a big problem with politicians catering exclusively to Big Business and an even bigger problem with converting 'stimulus' into yet another code word for 'swindle.'"