Economic Stimulus Not So Much So

I hope Michael Bloomberg, Mayor of New York City, does not run for President - he's not going to win and he's likely to screw up the results. We might wind up with a Republican in the White House again if he does run and pulls enough independents away from the Democratic candidate.

However, he does have some insights that I admire - like pointing out the mistakes of the economic stimulus package. The following is from WCBS radio...

New York Mayor Michael Bloomberg castigated the White House and Congress on Wednesday for what he said was a shortsighted economic stimulus package and years of lousy financial management.

``There's just one problem: It's not going to make much of a difference because we've already been running huge deficits,'' Bloomberg said.