WRAPUP 1-Obama chides Republicans, demands speed on stimulus
Remember to melt down the phones on Capital Hill with protests against this bill. It does not stimulate anything except socialism.
excertpts from the article with commentary
"In the midst of our greatest economic crisis since the Great Depression, the American people were hoping that Congress would begin to confront the great challenges we face. That was, after all, what last November's election was all about."(this is a lie, the Carter years were much worse!)
Republican Senator Jeff Sessions said it would cost some $40 billion a year just to service the additional debt that resulted from the spending portions of the bill.
"How big is $40 billion? That's the annual road budget, the annual highway budget for the United States of America. That's a lot of money," Sessions said.
(Now how is the interest on this bill stimulus? Let us do nothing but let capitalism take care of this problem.)
My commentary is in the parenthesis