Yeah, it's not just "good for you"
Here's how things stand: the stimulus bill is way too small, it's floundering in the Senate, and we stand possibly on the edge of a deflationary abyss.
Solution: find, say, the 5 most wavering Republican senators and offer them each $100 billion worth of pork. (2 isn't enough because 1 or 2 might defect and some Democrats might defect also -- although it's kind of hard to imagine a Democrat joining a Republican filibuster under the circumstances),
That solves both problems: the stimulus bill will be big enough (if perhaps less evenly distributed in its impact than one might hope -- but multiplier effects will spread out over space), and it will survive a cloture vote.
Problem solved. No depression. Happy days are here again.
Of course, it ain't gonna happen, so I still like long Treasuries.
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Why not save the bribe money and haul out the cots from the Senate basement? Then tell Mitch McConnell to go ahead and filibuster. I'd love to see how long some of those geriatric prostates can stand in the Senate well blathering Club for Growth nonsense. Harry Reid should reinstate the spending and call the Republicans' bluff. That might also weaken their threats in the future.
ReplyDeleteI feel it would be fairer to give each House member a half billion dollars to spend and each Senator two billion to spend. That way there is not ill will from the member who didn't share in the loot.
ReplyDeleteYou can't share the pork equally among the Congress members because that defeats the very purpose for earmarks. One a committee or subcommittee signs off on including an earmark at the request of a Senator or Representative, that member is then bound by the unwritten agreement that you don't ask for pork unless you're willing to then vote for the bill no matter what.
ReplyDeleteI guess green salads and green kababs are much better than pork. Let the bio diversity persist.
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