THE AMERICAN OPTION
By Senator Jim DeMint
The stimulus bill that is being championed by Mr. Obama, which was passed by Democrats in the House last Wednesday (1/28), is the worst piece of economic legislation Congress has considered in a hundred years.
Not since the passage in 1909 of the 16th Amendment--which cleared the way for a federal income tax--has the United States seriously entertained a policy so comprehensively hostile to economic freedom, or so arrogantly indifferent to economic reality.
This bill is not a stimulus, ladies and gentlemen; it is a mugging. It is a fraud. Conservatives who fear proponents of this bill want to inch our economy closer to European-style socialism are kidding themselves. The proponents of this bill want to strap a big rocket on the back of our economy and launch it all the way to Brussels!
This massive spending bill is fatally flawed. It will not rescue our economy; it will strangle it. That is why this bill must be stopped dead in its tracks. It cannot be fixed in the Senate by adding a few tax cuts or taking away a little spending. It must be scrapped entirely.
Read more...
The stimulus bill that is being championed by Mr. Obama, which was passed by Democrats in the House last Wednesday (1/28), is the worst piece of economic legislation Congress has considered in a hundred years.
Not since the passage in 1909 of the 16th Amendment--which cleared the way for a federal income tax--has the United States seriously entertained a policy so comprehensively hostile to economic freedom, or so arrogantly indifferent to economic reality.
This bill is not a stimulus, ladies and gentlemen; it is a mugging. It is a fraud. Conservatives who fear proponents of this bill want to inch our economy closer to European-style socialism are kidding themselves. The proponents of this bill want to strap a big rocket on the back of our economy and launch it all the way to Brussels!
This massive spending bill is fatally flawed. It will not rescue our economy; it will strangle it. That is why this bill must be stopped dead in its tracks. It cannot be fixed in the Senate by adding a few tax cuts or taking away a little spending. It must be scrapped entirely.
Read more...
posted by HeavyHanded at
7:21 PM
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