From CBS NEWS"The list of governors threatening to decline federal stimulus money last month read like a list of Republicans considering running for president in 2012: Governors Mark Sanford, Bobby Jindal and Sarah Palin led the anti-stimulus charge.
But what began with a bang is ending with something closer to a whimper. All three of those governors have been forced to scale back their expectations, to varying degree, as the push of conservative philosophy gave way to the pull of political reality.
All three found that praise from the conservative movement in Washington meant nothing to furious state legislators of both parties. And in the end, along with other conservative Republican governors, the three submitted letters in recent days asking to be eligible for federal funds, a spokesman for the White House Office of Management and Budget confirmed."
But what began with a bang is ending with something closer to a whimper. All three of those governors have been forced to scale back their expectations, to varying degree, as the push of conservative philosophy gave way to the pull of political reality.
All three found that praise from the conservative movement in Washington meant nothing to furious state legislators of both parties. And in the end, along with other conservative Republican governors, the three submitted letters in recent days asking to be eligible for federal funds, a spokesman for the White House Office of Management and Budget confirmed."
I think EVERYONE should have declined the stimulus money.
ReplyDeleteNever spend money that you don't have in your hand.
The only exceptions should be in the purchase of a house, but only on one that is based on your income...and the other exception is on a vehicle so that you will have something to drive. Everything else should be purchased with money that's in your pocket.
Established businesses should operate with profits and if they need to borrow money for payroll then they should not be in business.
Why on earth did we bailout companies who could not manage their business in a profitable way? They should have been allowed to fail because there will always be some other successful companies who will step in to pick up the pieces of a failing company...and if nobody did, then so be it.
The people of 1929 survived the depression and we could have too.