Read the whole thing for a good summary of several important issues.
Over the last three weeks the policy experts at my institution, The Heritage Foundation, have published dozens of biting critiques of literally every aspect of the House and Senate versions of this legislative monstrosity. They agree on one thing: Under the guise of stimulating the economy, this one bill contains a generation's worth of liberal policymaking, an entire Great Society-scale agenda, one that advances the liberals' view of man and his relationship to government enough to cause LBJ himself to turn red with envy.
The pork and the overall spending are every bit as bad as the critics say, but in the long run, they are mere distractions. The real damage comes from other, less noticed provisions in the bills.
The House and/or Senate stimulus bills would undo the 1996 welfare reforms, explode entitlement spending by a cool quarter trillion dollars, lay the groundwork for the federal government's takeover of our health care system, double Uncle Sam's already overbearing role in education, require taxpayers to pick up the bail tab for potentially dangerous felons, allow unemployed Wall Street executives to qualify for Medicaid, and reignite the fires of trade protectionism, thereby risking a global trade war.
Thursday, February 12, 2009
A generation’s worth of liberal policymaking