Well I see that5 Obama's answer to out toilet economy is
a tax cut. Didn't the republicans try this once ??

Economists of all political stripes
widely agree the checks sent out
last spring were ineffective in
stemming the economic slide, partly
because many strapped consumers
paid bills or saved the cash rather
than spend it.

The nerve of them !! Saving and pay bills. How unpatriotic can
you be ??

But Obama aides wanted a provision
that could get money into
consumers' hands fast, and hope
they will be persuaded to spend
money this time if the credit is
made a permanent feature of the tax
code. 

And they need to make sure this time that the populous will
spend it. Frivolously. So as to stimulate the economy.

As for the business tax package, a
key provision would allow companies
to write off huge losses incurred
last year, as well as any losses
from 2009, to retroactively reduce
tax bills dating back five years.

Doe this include the huge bonuses payed to the CEOs of
these companies that are on the verger of tanking ??

A second provision would entice
firms to plow that money back into
new investment. The write-offs
would be retroactive to
expenditures made as of Jan. 1,
2009, to ensure that companies
don't sit on their money until
after Congress passes the measure.

Like replacing the current crop of greedy, inept CEOs with
even more greedy, inept CEOs while busting the unions.
Union busting is expensive.

Face it. This is just more of the same voodoo, doo doo economics.
Just in a plain brown wrapper.

C