Obama’s plan is a perpetual stimulus-recovery, but only 21% of the $825 billion is actually spent in 2009 and only one in six dollars is actually part of any tax cut policy.
Obama’s plan does nothing to expand free market GDP. It does expand the federal bureaucracy and give Democrats something to run on in 2010.
A fiscally responsible plan would be to cut taxes across the board -— corporate, capgains, personal income taxes -— and cut government spending.
Absolutely!
The Democrats are guaranteed to fail. They have done all the very things that will throw this into a deep depression. This is identical to what FDR did in ‘36. WW2 is the only miracle that came along to rescue his legacy.
Only this time, American spirit, morality and patriotism are almost completely gone. We are in the last stages of societal decline.