Democrats Manage to Be Democrats

Last night, I got really worried that Max Baucus was going to push through a stimulus bill that gave checks to high  income people (75K for individuals, 150K for families).  This would, of course, be really stupid, as rich people are unlikely to spend their stimulus checks, thus increasing the deficit without getting a bump in consumer spending.  This wouldn’t have been the first time Baucus betrayed core Democratic ideals — he voted for the Bush tax cuts and the Bankruptcy Bill.  But, luckily, Harry Reid found his spine and, according to the Politico, is “confident the caps will be there.”  So while this stimulus bill maybe ill-timed and likely ineffective, at least we won’t be sending rich people checks.