World Affairs Brief, February 1, 2008. Commentary and Insights on a Troubled World.

Copyright Joel Skousen. Partial quotations with attribution permitted. Cite source as Joel Skousen’s World Affairs Brief

RON PAUL ONE OF FEW VOTING AGAINST STIMULUS PACKAGE

The president’s economic stimulus package (a short-term spending deficit spending binge) that was promoted during his speech quickly passed the House 385-35 Tuesday, with hardly a whimper of dissent. Those that did vote “no” mostly wanted a bigger bailout. True to principle, Congressman Ron Paul voted no again.

Paul is usually in favor of people getting some of their money back, but “temporary tax cuts and one-time rebates will not fix the economy…. Sending out checks and cutting interest rates yet again is merely a shot in the arm when in actuality, the economy needs major surgery.” Indeed!

Related: Devvy: Economic Stimulus Package: Macabre Waltz Into the Abyss