Borrowing hundreds of billions of dollars from you, your children and your grandchildren for a doomed fiscal stimulus.

From Ibdeditorials.com

"The time has come," President Barack Obama told us in his inaugural address, "to set aside childish things." He borrowed the line from Corinthians.

With the Beltway bread-and-circus show over, President Obama will now get to work on borrowing hundreds of billions of dollars from you, your children and your grandchildren for a doomed fiscal stimulus.

As President Obama basked in the inaugural glow, a dark cloud of reality moved in over the Democrats' $825 billion plan to rescue the economy. The Congressional Budget Office crunched the numbers and concluded that a huge bulk of the federal spending orgy wouldn't actually kick in until the recession is waning — if not already over.

A few conservative Democrats have started murmuring about this looming fiscal nightmare. North Carolina Rep. Heath Shuler expressed concern about the porkification of the bill: "This can't be a Christmas tree."

Sen. Kent Conrad (D-N.D.) told Bloomberg News that "his committee projects the plan will reduce the unemployment rate by 'maybe' 1%, or about half of the 3 million jobs Obama has said the plan would generate."

Wake up, taxpayers: This nearly $1 trillion plan is nothing but future-mortgaging ornaments and tinsel boxed in self-delusion. It is time, as President Obama lectured us, to put away childish things — starting with this epic fail.