The AP calls the porkulus spendathon "shock & awe:"
President Barack Obama is going with the best deal he could get. The stimulus bill is a landmark legislative achievement for a new president who inherited economic spoilage along with the spoils of power. Now the nation anxiously waits to see if it works.It'll work, all right. How it will work is another matter. Get the whole economy going again? Doubtful. Pour billions into socialistic patronage scams? Guaranteed. (Hat tip: Gateway.)
Undermining federal balance sheets that were already deeply in the red, Obama and Congress settled on a nearly $800 billion plan that aims to spend more on the crisis at hand than the government has spent waging the Iraq war for six years.
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