Reason Magazine on a Stimulus Package

This by Anthony Randazzo is worth a read. Five reasons why stimulus spending doesn't work:

1. Stimulus packages frequently misdirect national resources
2. Stimulus packages don't increase aggregate consumption
3. Stimulus packages don't create sustainable jobs
4. Stimulus packages increase national debt or cause rapid inflation
5. Stimulus packages are pork-laden and caught up in federal bureaucracy

Read the whole thing.