Stimulus
By Creature
As with most things Obama, we have to wait to see what kind of compromises with Republicans he will make. The tax cuts announced were expected (and Democrat friendly). If anything, $300 billion in tax cuts as 40% of the total package may mean that the spending part of Obama's stimulus will be even bigger than expected (maybe even hitting the trillion mark). Obama's playing politics and stroking egos right now. I don't think he's a Charlie Brown in waiting. His election campaign showed us as much.
(Cross-posted at State of the Day.)
As with most things Obama, we have to wait to see what kind of compromises with Republicans he will make. The tax cuts announced were expected (and Democrat friendly). If anything, $300 billion in tax cuts as 40% of the total package may mean that the spending part of Obama's stimulus will be even bigger than expected (maybe even hitting the trillion mark). Obama's playing politics and stroking egos right now. I don't think he's a Charlie Brown in waiting. His election campaign showed us as much.
(Cross-posted at State of the Day.)
Labels: Barack Obama, economic crisis, Republicans, stimulus
posted by creature at
11:23 AM
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