The Stimulus Package

[Professor S]

Here is the estimate from the CBO in terms of outlays based on the stimulus package.

http://big.assets.huffingtonpost.com/stimsummary.pdf

Here is the full estimate

http://www.cbo.gov/ftpdocs/99xx/doc9976/hr1aspassed.pdf

The funny part is that The Huffington Post cites this estimate, but in the article that links it, they claim it doesn't exist.

http://www.huffingtonpost.com/2009/0..._n_160495.html

They're reasoning is that its not an official report and it only analyzes about $300 Billion of $800 Billion, and its just a preliminary estimate based on computer models. Honestly, its $300 Billion of absolute shit scheduled for 2010, not 2009. Huffington is simply throwing up a red herring because of thsi report's inconvenience.

If anything, this goes to prove a point: Government is simply not responsive enough to handle immediate needs. This is why it can never replace the private sector and fails almost evey time it attempts to do so.