Monday, February 16, 2009

Don't Expect Miracles, America, But . . .

I finally dug into the $789 billion stimulus package over the President's Day weekend. (How appropriate, eh?) And I must say the ways in which it can stimulate the economy are really quite something.

The degree to which that happens, how quickly that happens or whether that happens at all remains to be seen. By necessity, the legislation was hastily passed and therefore imperfect, but as the most important economic bill in 70 years and considering that the Obama administration has been in office for less than a month and had virtually no help from Republicans, it is quite impressive.

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