January 5, 2009

Uhh… Exactly What’s the Difference Between Obama and Bush Again?

I was hoping that, putting aside Obama’s terminal, incurable social conservatism, we’d at least see a difference economy-wise. But I sure don’t see any difference in this tax-cut lunacy. Via email from Congress.org:

President-elect Barack Obama proposed a stimulus package of $800 billion. The proposed package consists of $300 billion in tax cuts and $500 billion in spending. The tax cuts would be geared at lower- and middle-income workers in the form of $500-per-worker tax credits on your payroll taxes. Businesses would receive various tax cuts including some geared at encouraging employers to hire new workers or delay lay-offs. The spending would be on infrastructure repairs and aid to the states for health care costs.

Maybe my question should be: How are the last of the Obama faithful — who just a few short years ago condemned the Bush tax-cut plan, which didn’t do a damned bit of good for our already-ailing economy — going to hail this as the greatest idea since the electric light, since, of course, it came from The Lord God Obama?

Oh, wait — maybe I do see a difference: Under Bush, I actually received $300 (which went directly toward bills), even though I wasn’t on anybody else’s payroll. I guess this time, I won’t receive $500, since I work for myself.

Either way, it’s as knuckleheaded an idea now as it ever was.

Posted by: Sapphocrat

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Filed Under: Barack Obama, Business/Economy, George W. Bush











 

 
 

 

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