11 March 2009

get ready for stimulus 2

south carolina governor, mark sanford, wants to use the stimulus money to pay down his states debt - which seems like the smart thing to do. but the federal government doesnt want the states (or anyone else) to be out of debt - they want everyone to go down together.

congressman james clyburn, also of south carolina, says that what governor sanford wants "runs contrary to what we're trying to do...we are not going to go governor sanford's way on this."

meanwhile, the federal budget deficit has reached $765 billion dollars -- $192.8 billion in february alone -- both records.

what these stimulus programs are, are a carrot and stick trick, designed to try and keep everyone calm until the bitter end.