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Argument: Much stimulus rightly goes toward long-term societal needs

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Revision as of 17:15, 9 February 2009; Brooks Lindsay (Talk | contribs)
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Supporting quotations

Paul Krugman. "The Destructive Center". The New York Times. February 9, 2009 - the centrists did their best to make the plan weaker and worse.

One of the best features of the original plan was aid to cash-strapped state governments, which would have provided a quick boost to the economy while preserving essential services. But the centrists insisted on a $40 billion cut in that spending.

The original plan also included badly needed spending on school construction; $16 billion of that spending was cut. It included aid to the unemployed, especially help in maintaining health care -- cut. Food stamps -- cut. All in all, more than $80 billion was cut from the plan, with the great bulk of those cuts falling on precisely the measures that would do the most to reduce the depth and pain of this slump.

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