some people get it

Writing in IBD, Nicole Gelinas discussed the problem with the stimulus bill and its funding of states and localities. Here's the key sentence:

"The problem with most of last year's $229 billion in stimulus aid to the states is that it allowed them to maintain an unsustainable decades-old imbalance for an extra year: ever-rising labor costs, at the expense of infrastructure investment."

It is nice to see this point get made. Obama's so called stimulus was actually counter productive. It encouraged wrong headed wasteful spending rather than investment for future growth which would lead to job creation.