Friday, February 20, 2009

Washington Unplugged Feb. 20

On Bob Schieffer's weekly web show, Michelle Muccio, "rebel economist," (what's up with that?) offers her alternative stimulus - let everyone keep their payroll taxes. But as Schieffer points out, those taxes go to social security and Medicare. 
Muccio, a libertarian, responds that there is plenty of waste to be found in the government to offset the taxes. That's likely true and I think Obama intends to find some, but cleaning up the waste in various governmental programs isn't going to happen over night. 
What's weird to me is that people are still chattering about the stimulus when it's a done deal.