Or, as Keith Hennessey suggests in his must-read deconstruction of the big-spending bill Congress will approve this week, the Call It Anything But Don’t Call It Stimulus Act. Nancy Pelosi calls it the American Jobs and Closing Tax Loopholes Act of 2010, which forms the acronym AJCTLA, and that sounds like nonsense when spoken. It’s a perfect match for its title, as Hennessey explains, because it does nothing to help American jobs and everything to allow Congress to help itself to even more fantasy money. [...] Read the rest »
↧