Alarm bells are ringing in Congress as Republicans and some Democrats balk at the price tag for getting the economy back on track. Funny, but I don't remember anyone getting panicky as the Bush administration's price tag for the war in Iraq approached and then exceeded the same amount. Republicans were all for it, and Democrats didn't have the courage to do what was needed to end it.
Meanwhile, Washington Post business columnist Steven Pearlstein suggests that some of that money be spent on educating Congressmen and women about basic economics. Read his piece for a rundown on the nonsense that is passing for economic theory on the Hill these days.
Investment tip. Buy stock in companies that sell noise-cancelling headsets, now that WiFi has come to the crowded skies. I've got two pairs myself.
The Senate stimulus bill. It weighs in at 736 pages, ie more than a billion dollars per page, and worth every penny if it gets the economy moving again. Caution: large file.