The much ballyhooed economic stimulus has failed.
Those families were supposed to spend the dough immediately, thereby stimulating the economy, staving off recession, creating a half-million jobs, and most importantly, making members of Congress re-electable. The stimulus' chief achievements, however, were to raise this year's budget deficit to almost a half-trillion dollars, not counting the continuing deficit spending.
Those families were supposed to spend the dough immediately, thereby stimulating the economy, staving off recession, creating a half-million jobs, and most importantly, making members of Congress re-electable. The stimulus' chief achievements, however, were to raise this year's budget deficit to almost a half-trillion dollars, not counting the continuing deficit spending.
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