[curiosity]

This is actually the only good idea he's had on the economy. Of course, if it comes at the cost of raising taxes on the highest tax bracket, then it's not worth it.

But, by itself, to allow full expensing of CAPX and R&D is a great idea for stimulus. Lot's of conservative economists were calling for it last year.

[Blood of Tyrants]

Yes, but it will only work for companies already planning to spend the money and who have it to spend. And then it will only serve to accelerate the spending for 2012 and 2013 to 2011. In essence, it is another cash for clunkers deal for people who are already in the market and planned on spending the money anyway.