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Sunday, February 22, 2009

Rendell admits "stimulus" may not stimulate

Governor Rendell has acknowledged that he's not sure the stimulus legislation just passed will actually help the economy (HT PA Watercooler). 

On the one hand, I'll like to commend Gov. Rendell for recognizing government can't grow the economy, just as his administration did last week, though he did not go so far as to suggest he learned from the failure of six years of "economic development" spending.

On the other hand, it should be pointed out Rendell showed no signs of this skepticism about the stimulus while he was out lobbying for it - claiming everyone thought it would do good even though economists he named actually opposed the plan. 

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