Has the Stimulus Bill Earned its Title?
As is often the case, Obama's "Stimulus Bill" received its title based off what it was designed to do; the big question, of course, is whether or not it deserves it. Economist Thomas Sowell writes very frequently of the perils inherent in accepting, as opposed to challenging, the validity of the titles of legislation, organizations, and the like. In his article "Stimulus or Sedative," Sowell puts Obama's optimistically named stimulus bill to the test, and ultimately concludes that the bill has indeed done more to harm the economy than help it. This seems to be the universal consensus for conservative economists in regard to this issue, along with most every piece of legislation designed to force the economy into recovery. (I'd bet nearly all of us familiar with Sowell's stances could have guessed his conclusion based off the title alone!)