The Campaign Spot

Put Not Your Faith in Government Cost Projections

“Cash for Clunkers” may have run out of money months before the program was supposed to expire, but don’t worry; I’m sure the cost projections for the health-care bill will turn out to be much more accurate.

One of my readers noted that the government is giving people $4,500 — a tax cut, in effect — and they’re going out and investing it in the economy. “Shocking. Maybe the President should invite these Democrats over for a beer for another teaching moment.”

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