Despite the numerous statements from President Obama, the media hasn't yet really grasped the concept that spending is stimulus. As the President said, "that's the whole point."
Yet, today we get the Washington Post passing off some press releases from a few anti-tax groups as original research and "news."
The compromise stimulus bill adopted by House and Senate negotiators this week is not free of spending that benefits specific communities, industries or groups, despite vows by President Obama that the legislation would be kept clear of pet projects, according to lawmakers, legislative aides and anti-tax groups.
The deal provides $8 billion for high-speed rail projects, for example, including money that could benefit a controversial proposal for a magnetic-levitation rail line between Disneyland, in California, and Las Vegas, a project favored by Senate Majority Leader Harry M.