Monday, April 19, 2010

Remember the stimulus

You remember that. The legislation passed in what now seems like a decade ago but was really just a little over a year ago. Haven’t heard hardly anything about it. I saw this interesting article about it.

It’s about the the stimulus helped out an area in South Carolina
:

“I am convinced it’s what kept Aiken’s economy stronger than most communities during these poor economic times,” said David Jamison, president of the chamber of commerce in that solidly Republican city just north of the nuclear facility. “I think it has worked exactly like the way Washington had in mind. ... I see it every single day.”


Yet the Republicans in the state could not say out right this was a good thing.

U.S. Sen. Lindsey Graham, who didn’t support the stimulus and has called the effort a failure, said he’s worried the massive influx of cash won’t be properly managed. He also has warned of looming higher taxes that he says could shutter the businesses the package was supposed to help.

At least he was able to admit:

“The fact that the stimulus created some economic activity in that area is a good thing,” Graham said.

I don’t have any problem with questioning where things are going to go once the stimulus money has run its course. But it seems to me a little more enthusiasm is warranted. As the guy from the chamber said it is doing exactly what the Obama administration said it would do.

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