BREAKING: Obama names Ron Klain Ebola Czar

[geek tragedy]

122. Yes, Klain is to blame because he didn't spend 100%

of stimulus funds on paperwork inspectors.


Speaking of financial fraud, your claim that Bernstein 'admitted' the stimulus was 2/3 tax cuts.

From the article :

Be More Direct: About one-third of the stimulus package went to tax cuts. There’s an excellent political rationale for that apportionment, but particularly given the diagnosis noted above, tax cuts’ bang-for-buck in terms of jobs is less than optimal. First, for the cuts to stimulate the economy, recipients have to spend the extra money, not save it. In a deleveraging cycle, that’s a heavier lift. Second, when they do spend the money, they need to spend it on domestic goods. So there’s a lot of potential leakage.

It’s also the case that one-quarter of the tax cuts went to relief from the alternative minimum tax that would have happened anyway, so that part wasn’t even stimulus (which by definition means new spending or tax cuts).