Jacob Sullum on the "Stimulus" Plan

This is the theory underlying the "stimulus" package: Since we can't depend on consumers to spend money they don't have on stuff they don't need, the government has to do it for them.....

"When it comes to rebuilding our economy," Obama warned just before the House approved the pseudo-stimulus bill, "we don't have a moment to spare." Acting responsibly, in other words, would be irresponsible.

Exactly.