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A Trillion Dollars' Worth of Bad Ideas?
January 22, 2009
Posted by: Carol
"A trillion dollars' worth of bad ideas — sprawl-inducing highways and bridges to nowhere, ethanol plants and pipelines that accelerate global warming, tax breaks for overleveraged McMansion builders and burdensome new long-term federal entitlements — would be worse than mere waste. It would be smarter to buy every American an iPod, a set of Ginsu knives and 600 Subway foot-longs."
That's what Michael Gruenwald wrote for Time last week. How will the stimulus discussion unfold in Congress next week?
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