The Analytic Atavar

Idiosyncratic Musings of a Retrograde Technophile

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Location: Chandler, Arizona, United States

Monday, February 09, 2009

Quote of the Day


An interview with Robert Barro, The Atlantic, Conor Clarke, Feb 5 2009.

This is probably the worst bill that has been put forward since the 1930s. I don't know what to say. I mean it's wasting a tremendous amount of money. It has some simplistic theory that I don't think will work, so I don't think the expenditure stuff is going to have the intended effect. I don't think it will expand the economy. And the tax cutting isn't really geared toward incentives. It's not really geared to lowering tax rates; it's more along the lines of throwing money at people. On both sides I think it's garbage.

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