Notice how all the talk about "fiscal responsbility", "budget deficits" and "national debt" all got muted ahead of the stimulus package? Must we suspend our wits for this?
So we inject $100 billion into the economy via government payouts. That is $100 billion that we will have to find somewhere else. In addition, it is not a frictionless transaction--we need to spend additional resources to service and consummate all the transactions. That service fee should add a few billion on top of the payments.
Here are the 16 Senators and the 35 Representatives who kept their wits:
AZ: Sessions, Shelby
ID: Craig, Crapo
OK: Coburn, Inhofe
WY: Barrasso, Enzi
AZ: Flake, Shadegg
CA: Campbell, Hunter, Loretta, Rohrbacher, Royce
FL: Boyd, Wexler
GA: Broun, Deal, Gingrey, Kingston, Linder, Price, Westmoreland
TX: Burgess, Gohmert, Paul, Poe
VA: Davis (Tom), Forbes, Goode
WA: Baird, Smith