Thursday, January 29, 2009

Obama's Backward Thinking Stimulus Plan


First of all, this plan is full of pork. That is all I have to say about that. Second, as I saw part of the plan on the news this morning, I saw that there will be $12 in tax cuts per week for working Americans. There will be an additional $25.00 per week for the unemployed. When the incentive is greater to not work than it is to work you have a breakdown in the system.

2 comments:

Kansas Bob said...

I have never really understood the rationality of tax cuts these days.. I think that we need to cut spending.. then cut it some more.. the cut it some more.. then when we have a surplus we can cut taxes.

jrchaard said...

I think that I can get frustrated trying to look at this from a rational stand point. The truth is there is no rationality here in trying to improve the economy. It is a power grab. If the british offered tea for free instead of taxing it, we would still be loyal subjects.