Tuesday, January 6, 2009

The Obama stimulus plan

$400 billion in traditional Republican tax cuts +
$400 billion in traditional Democratic spending plans =
more of the same - - something for everyone and new record deficits down the road.

Change? Not much. It's all been tried before. I guess they just want to look busy until the business cycle corrects itself.

But, it is amazingly similar to the plan BUSH would have fashioned - - cut taxes, increase spending, and ignore deficits.

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