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Argument: 2009 US stimulus has too much pork and wasteful spending

Issue Report: 2009 US economic stimulus

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Tate Dwinnell. “Details of Economic Stimulus Package: Too Much Pork, Too Little Stimulus”. Self Investors. January 29, 2009 – The nearly $900 billion (remember when $350 billion was expensive?) economic stimulus package, aka the Pork Package set forth by Democrats cleared the House and heads to the Senate with zero Republican support. If signed into law it would push federal debt to levels not seen since WWII. With support for many social programs, many have complained that much of it will do nothing to stimulate the economy with too much wasteful spending and not enough for tax cuts. In an op ed piece the WSJ calls it a political wonder that manages to spend money on just about every pent-up Democratic proposal of the last 40 years.