In reading about the economic stimulus package passed today by U.S. House Democrats, I came across two editorials written in newspapers that seem to exist on different planets.
Here's the Wall St. Journal's "A 40-Year Wish List." Which criticizes the Obama Administration's "spending bonanza" on mass transit, childcare, arts, global warming, Medicaid, unemployment, food stamps and the expansion of the Earned Income Tax Credit for "people who don't pay income tax"
And here's the New York Times' "The Stimulus Advances." Which praises the Obama Administration's "carefully" calculated spending on mass transit, childcare, Medicaid, unemployment, food stamps and the "good tax policy" of the EITC.
The contrast is rather amusing.
Thursday, January 29, 2009
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