Quote:
Originally Posted by Vendzilla
Obama admits it didn't work, why can't you?
In the magazine article, Mr. Obama reflects on his presidency, admitting that he let himself look too much like ?the same old tax-and-spend Democrat,? realized too late that ?there?s no such thing as shovel-ready projects? and perhaps should have ?let the Republicans insist on the tax cuts? in the stimulus.
http://thecaucus.blogs.nytimes.com/2...ward-and-back/
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that makes no sense 40 percent of the stimulus was tax cuts and he has lowered taxes not raised them.
http://online.wsj.com/article/SB123111279694652423.html
The size of the proposed tax cuts -- which would account for about 40% of a stimulus package that could reach $775 billion over two years -- is greater than many on both sides of the aisle in Congress had anticipated. It may make it easier to win over Republicans who have stressed that any initiative should rely more heavily on tax cuts rather than spending.