1/30/2009

How can setting aside money for a rainy day fund be viewed as creating jobs?

Andrew Taylor at the AP has this:

There's also $380 million in the Senate bill for a rainy day fund for the Women, Infants and Children program that delivers healthful food to the poor. WIC got a $1 billion infusion last fall. . . .


The piece notes at the beginning that:

They call it "stimulus" legislation, but the economic measures racing through Congress would devote tens of billions of dollars to causes that have little to do with jolting the country out of recession. . . .

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