Every Branch of the Ugly Tree

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Here are some numbers from the bailout:

$20.0 billion to increase the maximum benefit under the Supplemental Nutrition Assurance Program (i.e., Food Stamps)

$18.5 billion for energy efficiency and renewable energy programs

$20.4 billion for programs administered by the Department of health and Human Services

$20.0 billion to renovate elementary and secondary schools

$17.6 billion for Pell grants and other student financial assistance at post-secondary institutions

$29.1 billion for other elementary and secondary educational programs

$30.0 billion for highway construction

$13.1 billion for other transportation programs

$11.2 billion for housing assistance programs administered by HUD

$19.5 billion (minimum, could be higher, as per Title XIII) for education grants to states

$27.1 billion for increase unemployment benefits

$13.3 billion to increase health insurance for unemployed workers

$11.1 billion for “Other Unemployment Compensation”

$20.2 billion for Medicaid and Medicare incentive payments to encourage providers to improve healthcare IT

Much of that looks hard to justify as stimulus. Jim Manzi observes "It sounds to me like a wish list for the left wing of the Democratic Party."

He also correctly observes that the nearly $100 Billion in increased education spending will be entirely wasted in terms of improvements in actual education. At least if history is an indicator, that is.

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And not one cent for asteroid defense!!!!

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This page contains a single entry by published on January 29, 2009 10:53 AM.

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