Tyler Cowen refers to the proposed "stimulus" package as a "Hail Mary" football pass. I call it a fumble.
The "Hail Mary" reference implies the offensive team is running a play that has a chance. In fact, the offense has dropped the ball and it is bobbing around on the ground with the likes of Goldman Sachs, the Carlyle Group, the AFL-CIO, the Military-Industrial Complex all diving at it. As for the average American, he was illegally knocked out of the play, is laying out of bounds in pain, but the referees in this game turn out to be "men of delusional integrity" such as Paul Volcker and Colin Powell, who didn't see a thing.
I think a better analogy is a center sneak on a 4th and 25. Sure, we've never seen it work before, but theoretically, if he's big enough, no one can tackle him and he'll get the offense moving again.
ReplyDelete