(Guest post by Greg Forster)
I just got caught up reading the last 24 hours’ worth of Jim Geraghty over on NRO, and it’s a cornucopia of posts that relate directly to a variety of topics we’ve been discussing here on JPGB:
Jim: “Say, fellows . . . when the central argument that the president uses to defend $838 billion or so in new spending is a lie, isn’t that news? Shouldn’t that be something of a big deal?”
In case the president is interested, Jay has proposed an alternative to the stimulus, although he has also noted that even doing nothing would be better than a stimulus bill.
Which I take as evidence that even the bill’s supporters don’t expect it will have a stimulative effect on the economy, as we’ve discussed; they’re supporting it because it’s a forty-year wish list of liberal fantasies and payoffs.
By which time he hopes the economy will have turned around on its own, so that the improvement can be attributed to the “stimulus,” just like Jay has pointed out.
This slander was debunked within days of the collapse, as we’ve noted. The real reason it collapsed is because “infrastructure” spending goes where politics dictates, not where there are real needs for improved infrastructure. So more spending doesn’t produce improved results.
And speaking of how infrastructure spending is really spent…
Jim reminds us that the Post, even while admitting that Murtha was a profound embarrasment, endorsed him on grounds that he delivered “infrastructure” pork to his district.
Posted by Greg Forster 
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