Wouldn’t we rather expect this kind of effort from our Washington representatives? Instead of focusing on politics, Rep. Walt Minnick (D-ID) pull the fat off the bones of Porkulus and was left with a $170B “pure stimulus” approach. Without seeing details, who knows if this is truly as claimed, but on the surface we appear to have at least one sane Democrat representative in Washington!
Unfortunately, any plan based on government borrowing money to spend on the economy will take way too long to help and can only have political purposes.
There’s only one way to inject money into the economy quickly – don’t take it from the public in the first place.