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Published: 01/28/09

Why the 'Stimulus' is Bad Policy

By  Matt Lewis - Politics Daily
Why the 'Stimulus' is Bad Policy

Yesterday, I discussed why it would be politically advantageous for Republicans to oppose the new bailout (supporting this would make it impossible for them to soon regain the fiscally conservative mantle). Today, I want to discuss a bit deeper why the new "stimulus" package simply will not work.First, it is important to note that government should not be in the business of picking winners and losers. ... And some of the "winners" to come out of this stimulus will surely be industries that need to change or adapt -- and CEOs who frankly, because of mismanagement, don't deserve government ...

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