Jay Dwivedi

A selection of what I find interesting, intriguing, and insightful from the world of pop culture, business, politics, entertainment, and technology. I also write at Dwivedi and Honestly. Contact me here.

GOP against stimulus to economy

Congressional Republicans on Monday criticized a $1 trillion stimulus as wasteful spending and signaled they will oppose having the bill ready by President-elect Obama’s inauguration on Jan. 20. Senate Minority Leader Mitch McConnell (R-Ky.) demanded hearings and at least a week to review the bill to prevent wasteful spending and fraud.

In principle, I oppose all bailouts, whether they be of Wall Street or auto companies (I supported this one only on charitable grounds) or consumers, but it would be nice to have some consistency here.  While George Bush turned our economy into a Socialist one and Republicans went along bailing everyone out, now they want to oppose if Obama wants to help the little guy.