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David Obey on stimulus waste: “So what?”

“This is an emergency.”

How bad is the bill?  The Congressional Budget Office –run by the Democratic majority and staffed by appointees of the Democratic majority, but nevertheless professional economists of the sort who don’t want their reputations forever impaired– announced on Wednesday that the bill as proposed would actually harm the economy, causing the Gross Domestic Product to actually shrink over the next decade.

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