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We are not talking about the Great Depression, when output dropped by one-third and unemployment soared to 25 percent.
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yet...we are not yet talking about the Great Depression 2.0....
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But the question of who actually gets it will be strictly in the hands of Barack Obama, Nancy Pelosi and Harry Reid. It is one of the few parts of the legacy of the Bush administration that the Democrats are not likely to criticize.
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Sowell isn't quite the douchebag that Krugman is, but he's just as much of a partisan tool and statements like this are fine examples of hs toolness. He's so dead set on blaming the Democrats for stuff that he can't even begin to see the facts...like, the decision as to who gets the loot isn't "strictly in the hands of Barack Obama, Nancy Pelosi and Harry Reid", it's in the hand of unelected officials like Hank Paulson and Ben Bernanke and they don't and won't tell us who they're handing it to.