Jan 5, 2009

Obama Plans On Being Like Bush

Remember those awesome tax cuts during the Bush years? Remember the "stimulus package" when everyone got money back from the government and it didn't do anything to help the economy? Well, let's do it again!

Obama has decided the best way to go is to fail with tax cuts.
President-elect Barack Obama and congressional Democrats are crafting a plan to offer about $300 billion of tax cuts to individuals and businesses, a move aimed at attracting Republican support for an economic-stimulus package and prodding companies to create jobs.

The size of the proposed tax cuts -- which would account for about 40% of a stimulus package that could reach $775 billion over two years -- is greater than many on both sides of the aisle in Congress had anticipated.
The Republicans have never been weaker - so may as well give them what they want.

This is an epic fail and will really, really hurt out ability to get out of this depression.

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