Thursday, February 12, 2009

Believe It or Not, Rush Limbaugh Was Right on Stimulus

I can't believe I'm writing this, but Rush Limbaugh actually has (or had) a good idea on the stimulus. Or, at least the germ of one.

On his radio show Jan. 26 and in the Wall Street Journal Jan. 29, America's arch-polarizer -- amazingly enough -- proposed the outlines of a reasonable bipartisan stimulus package of both spending and tax cuts.

It may be moot now, given an apparent House-Senate-administration agreement, but Limbaugh's contribution illustrates how decision-making on the stimulus might have proceeded usefully -- and how to think about fighting recessions.

The proposal was couched, of course, in Limbaugh's customary disdain for government spending ("porkulus") and disparagement of Democratic Party motives, but it contained a genuinely bipartisan idea.



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