Why Haggle Over What Goes Where?
Felix Salmon sees an odd silver lining in 7.2% unemployment:
Maybe the only real upside to this report is that it should light a fire under Congress to pass a stimulus package sooner rather than later — including the release of the second tranche of TARP funds. Let’s start getting money out the door now: that’s more important than haggling over what goes where.
Here, for once, I agree. Let’s not haggle over accountability or where this money actually ends up… That just introduces needless delays.
I’ll even offer to help. Drop a billion or so off with me, and I’ll guarantee that at least $900M of it gets distributed quickly across all sorts of people I see. I’ll drive through South Central dropping it on street corners.
What about that left over $100M? You object to me keeping it? Again, why haggle?
Hat Tip: Kevin Drum
