THE SAPIENT SPARROW: conservatism for commoners

"What has always made the State a hell on earth has been precisely that man has tried to make it his heaven."–Holderlin

STIMULATING…THE GOVERNMENT?

I simply could not leave town without posting about Obama’s announcement today.

This morning, the POTUS announced that the NIH, a Government agency, will be receiving $5 billion, “with a B” from the Stimulus Bill passed earlier this year. The same Stimulus Bill that was supposed to “jolt” the American economy, create private sector jobs, repair our infrastructure through its use in “shovel ready” projects. Does anyone reading this understand how increasing the funding of the NIH, whose budget doubled between the years of 1998-2003 to $27 billion, meets the stated goals of the Stimulus? And, how will this new, higher level of funding be maintained once the Stimulus money is no longer available?
It seems to me that what happened today is that taxpayer money, OUR money, was simply shifted from one Government pocket to another, thereby having minimal, if any, positive effect on the growth of our economy or on the nearly 10% unemployment in this Country.

The Government taketh, and then it taketh some more. What are your thoughts?

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Filed under: congress, economy, LEGISLATION, POTUS, U.S. GOVERNMENT, , ,

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