Sunday, June 6, 2010

Sunday Train: The Liberty Fund, 1 cent/gallon and 1 percent

by BruceMcF

Burning the Midnight Oil for Living Energy Independence Remember the ontroversy over whether the Stimulus would be "going overboard"? Well, when we net Federal, State and Local Government ... there is no Stimulus. The Federal Spending from ARRA was too small to cover the drop in spending at the State and Local government in the last quarter of last year and first quarter of this year. And yet those who are unhappy that we have not yet had a Depression since the 30's have been successful in getting the recipe for a Depression installed as the Conventional Wisdom. This diary is about one strategy to side-stepp the neo-Hooverites with a "fully funded" program that will still provide the stimulus that our economy desperately needs to get the recovery into second gear where it can start cutting into the unemployment crisis.

continued at Daily Kos....