« Less Keynes, More Hayek on Stimulus Bill | Main | Serfdom Redux »

How Do These People Get Elected?

That thought came to mind as “US senators on Friday reached a tentative compromise agreement on an emergency economic stimulus package worth around 780 billion dollars, after days of intense debate and negotiations.”  According to the Google/AFP, “Earlier Friday, the package was estimated at 937 billion dollars.”

So just how did “a group of moderate Democrats and Republicans” reach a comprise and trim $157 billion in less than one day? Sen. Ben Nelson (D-NE) explained:

"We trimmed the fat, fried the bacon, and milked the sacred cows." (emphasis added)

We’re not sure about the political math because the news agency also reported that Nelson “said the exercise saved 110 billion dollars.”

TrackBack

TrackBack URL for this entry:
http://www.acta.us/growls-mt/mt-tb.fcgi/904