Saturday, February 7, 2009

I don't know why I was ever optimistic about this

They reached an agreement on the stimulus legislation. It's...uh, not all that great. The new bill cuts $40 billion in aid to bankrupt states and $20 billion to broken schools, all in favor of $30 billion in fucking tax rebates for people who buy homes or cars.

Why should we use this money for sorely needed investments that will pay off in the long run, when instead we can do more regressive shit that has proven to be stupid and doesn't work. Why should we learn from the past eight years? Why should the ideas of the people who got us into this mess be given any kind of credence. You guys failed. You guys collapsed entire industries and eroded the middle class. It's time for something different.

Maybe there's a light at the end of the tunnel, as some folks seem to think, with the upcoming conference committee. Maybe they can work on some of these numbers and convince themselves that they have the political capital to bail out states and dying schools.

As it stands now, this is not a good deal.

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