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Showing posts with the label Obama Pork

There was too much pork in the stimulus bill

Reasons  to agree: "One of Obama's most poignant missed opportunities was in not using the historic $787 million stimulus package to reorder state and local government's spending priorities. As states and cities continue to spend ceaselessly and without results on education and healthcare, they're crowding out investments in the physical infrastructure that the private sector needs to rebuild the economy. "In the stimulus, of the more than $200 billion that went directly to states and cities, nearly 70% went to education and healthcare spending. Only 24% went to infrastructure spending. "But the states and cities in the most trouble already spend way too much on education and healthcare, pushing taxes up and sending private industry away. They don't spend nearly enough on infrastructure, which attracts the private sector and builds the real economy. "As David Walker, former comptroller general of the US, said at the Regional Plan Association'...