give it up

Give it up to Kevin Drum. When he’s right, he’s right; as he is about a Senate Republican plan to distribute $100 checks to taxpayers to “offset the pain of higher pump prices”:

A hundred dollar rebate! It’s bad economics, bad policy, bad optics, and the palpable stink of election-year desperation all rolled into one fetid package. But at least it’s means tested!

Well, they rolled it all up in a nice, neat package, so at least it’s efficient. Perhaps that $100 would be better spent on proper economics education.

Drum is absolutely right. What a piece of crap this is.

[inherited from: TPD.]

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