Kudlow on Stimulus II

Tiny, Targeted and Temporary


Let's see:

$200 billion in new spending on infrastructure, unemployment benefits, and direct aid to state and local governments.

Very little of the money could go for actual spending on infrastructure.  Most of it could go for unemployment benefits and bailouts for states like California, which can't balance their own budgets because they are forced to pay exorbitant benefits to their unionized public sector employees.  This looks like a stimulus bill that only helps his own constituents.  Thanks a lot.