Friday, February 06, 2009

Can They Get Any Clearer?

One would think this would be enough.
President Obama's economic recovery package will actually hurt the economy more in the long run than if he were to do nothing, the nonpartisan Congressional Budget Office said Wednesday.

CBO, the official scorekeepers for legislation, said the House and Senate bills will help in the short term but result in so much government debt that within a few years they would crowd out private investment, actually leading to a lower Gross Domestic Product over the next 10 years than if the government had done nothing.

That is, if you thought the concerns of the Obama Party actually had anything to do with the economy.

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