Obama's stimulus package won't stimulate much except inflation down the road, which will, in turn, mean the onset of another round of high interest rates and renewed recession to check the inflation.
Republicans should defeat the stimulus package and then negotiate a much smaller bill that emphasizes tax cuts and avoids the pork-barrel feeding frenzy Obama has unleashed. You can see the stimulus package rotting away before our very eyes.
People are turning against it as they see the things on which government will now be spending money, just as they turned against Clinton's more modest $35 billion stimulus package in 1993. Republicans should stay away in droves. On this issue, they can recapture something they have lost over the past eight years -- the mantra of less spending and smaller government.
Dick Morris and Eileen McGann
Dick Morris, a former political adviser to Sen. Trent Lott (R-Miss.) and President Bill Clinton, is the author of
2010: Take Back America. To get all of Dick Morris’s and Eileen McGann’s columns for free by email, go to
www.dickmorris.com