I’m depressed. Via Ace

deficitproject

More on the article at WSJ.

The original economic theory behind this bill was to spend the money quickly to create jobs fast. But even the most talented spenders on Capitol Hill couldn’t find enough projects to fund in such a rush. So they spread out the largesse over several years — long after everyone hopes the recession is over. Some of these “timely” stimulus payments won’t hit the economy until after the 2016 Olympics.

Well, on the bright side – it is Friday. I’m off to get a cold drink and take my mind off of this crazy stuff.

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