Economy: Little noticed in President Obama's "fiscal cliff" plan is a demand for a huge new stimulus package. Wait! Wasn't he and everyone in the press telling us just before the election how the economy was gathering steam?
In addition to the $1.6 trillion in new taxes on "the rich" that Obama demands, he's also pushing for upward of $255 billion in new stimulus spending for next year - including $50 billion for roads, $30 billion in extended unemployment benefits and various short-term tax breaks.
According to the New York Times, the administration's argument is that "the sluggish economy requires a shot in the arm."And, indeed, the Times paints a rather grim picture of the current economic situation.
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4 comments:
Only a stupid fool would be surprised at this....
Just look at how much the last stimulus package did for us, especially in the green energy hand outs. And 30 billion more for extended unemployment benefits. Those people will never look for a job. Why should they? If congress approves this we should remove all of them!
Only a stupid fool would be surprised at this....
December 8, 2012 12:57 PM
Only a stupid fool would call someone else a stupid fool.
what'd they do with the other stimulus? Where's the accountability?
Are you who re-elected him happy, YET?
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