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Like some bridges
Or trains
Or water systems
Or Anything that puts workers to work
Why must we be subject to this

President Obama's economic team is considering another big dose of stimulus in the form of tax breaks for businesses -

Woo hoo tax credits a'comin sez Wapo

at least it appears "More spending on infrastructure - particularly transportation projects - is also under discussion,"

But a person familiar with the talks said it would be easier for a package consisting purely of tax cuts to "avoid the stain of a 'bailout' or 'stimulus' label."

I dont get why its so freakin hard to just at least fight for the right thing of directly funding employment for things that make the country better instead of rolling over yet again with a measure that will be attacked by the right yet again.

Here's a smart guy  he' got some sort gold medally thinggy from some northern European country

The actual lessons of 2009-2010, then, are that scare stories about stimulus are wrong, and that stimulus works when it is applied. But it wasn’t applied on a sufficient scale. And we need another round.

Krugman speak you listen

Originally posted to Redstateresident on Thu Sep 02, 2010 at 08:31 PM PDT.


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Comment Preferences

  •  Build a big f@cking thing! (6+ / 0-)

    - It's beyond ironic that ophthalmologist Rand Paul is so myopic

    by second gen on Thu Sep 02, 2010 at 08:55:40 PM PDT

  •  Tax cuts are the GOP's agenda (1+ / 0-)
    Recommended by:

    Plus cutting Social Security.

    And cutting the budget.

    And keeping a Mosque out of NYC.

    For unfathomable reasons, those are Washington Democrats' agendas just before an election.

    •  Tax cuts may be on someone else's agenda (1+ / 0-)
      Recommended by:

      White House considers pre-midterm package of business tax breaks to spur hiring

      By Anne E. Kornblut and Lori Montgomery
      Washington Post Staff Writers
      Thursday, September 2, 2010; 11:06 PM

      With just two months until the November elections, the White House is seriously weighing a package of business tax breaks - potentially worth hundreds of billions of dollars - to spur hiring and combat Republican charges that Democratic tax policies hurt small businesses, according to people with knowledge of the deliberations.

      Among the options under consideration are a temporary payroll-tax holiday and a permanent extension of the now-expired research-and-development tax credit, which rewards companies that conduct research into new technologies within the United States.

      Administration officials have struggled to develop new economic policies and an effective message to blunt expected Republican gains in Congress and defuse complaints from Democrats that President Obama is fumbling the issue most important to voters. Following Obama's vacation and focus on foreign policy in recent weeks, White House advisers have arranged a series of economic events for the president next week, including two trips to swing states and a news conference.

      •  Yes, proposed perennially by Repugs (0+ / 0-)

        and now adopted by Washington Democrats.  That's a point of the diary, I'd say.  It was the point of my comment.

        FDR had very high taxes and big spending on jobs and relief.

        Today, the Dems we elected to be Democrats are instead doing tax cuts.

        •  tax cuts disproportionately for the rich (0+ / 0-)

          are a gop idea ... tax cuts ..kennedy did it

          No Way, No How, No McCain (and where can I punch the next hippie - can't wait)

          by nerdngeek on Thu Sep 02, 2010 at 09:14:16 PM PDT

          [ Parent ]

          •  Holy God, it never ends (1+ / 0-)
            Recommended by:

            Nobody knows what tax cuts the White House would propose.  It's a secret.  After the rest of the fiascoes, why assume the best scenario before they even announce it?  The best tax cut scenario would be a mediocre-to-failed solution at this point.

            Tax cuts could not cause anyone to be hired before the election.  FDR hired people and provided relief.  Money in the pockets of consumers.  Washington Dems today are practicing Republican-lite economics.

            Pissing in the wind.

      •  I am so sick of Democrats constantly having to (0+ / 0-)

        combat Republican charges that Democratic tax policies hurt small businesses

        Why don't the Democrats ever force the Repubs to defend their hateful policies?  I guess part of that is, why doesn't the press ever call the Repubs out on their hatefulness?

  •  new york times january 2009 (3+ / 0-)
    Recommended by:
    Jim P, JeffW, ems97007

    U.S. Infrastructure Is in Dire Straits, Report Says

    Published: January 27, 2009

    More than a quarter of the nation’s bridges are structurally deficient or functionally obsolete. Leaky pipes lose an estimated seven billion gallons of clean drinking water every day. And aging sewage systems send billions of gallons of untreated wastewater cascading into the nation’s waterways each year.

    These are among the findings of a report to be released Wednesday by the American Society of Civil Engineers, which assigned an overall D grade to the nation’s infrastructure and estimated that it would take a $2.2 trillion investment from all levels of government over the next five years to bring it into a state of good repair.

    The society had planned to release the report in March, but moved it up to try to influence the debate over the $825 billion economic stimulus bill being negotiated by the Obama administration and Congress. Advocates for greater investment in public works projects have expressed disappointment that less than a third of the current proposal — which could be approved by the House on Wednesday — would be spent on infrastructure, and an even smaller part of that would go toward traditional concrete-and-steel projects like roads and transit.

    •  What most of the folks... (6+ / 0-)

      ...inside the Beltway and the T-baggers don't seem to realize is that some day, somewhere, that infrastructure may very well fail right ubder their fool feet. Think I-35W, or a broken water main and a leaking sewer, the latter creating a huge sinkhole right under you. No amount of prayer will save someone who falls into an avoidable abyss like these.

      Only reconstruction and replacement.

      But what do I know? I'm just a cynical old, retired civil engineer.

      Float like a manhole cover, sting like a sash weight! Clean Coal Is A Clinker!

      by JeffW on Thu Sep 02, 2010 at 09:20:24 PM PDT

      [ Parent ]

      •  Uhh.. the Dems pissed away 800 Billion (2+ / 0-)
        Recommended by:
        JeffW, brasilaaron

        on the "stimulus" and only 5% of that went to infrastructure.  5 fucking percent.

        It shoulda been 95%.. we'd be a lot better off than we are now.

        I'm no fan of the Tea Party, but it sure as shit wasn't the teabaggers who designed last year's stimulus.. it was the geniuses in the White House and on the Hill.

        "Those are my principles, and if you don't like them... well, I have others." - G. Marx

        by Skeptical Bastard on Fri Sep 03, 2010 at 05:55:16 AM PDT

        [ Parent ]

  •  Many Dems, including almost all (2+ / 0-)
    Recommended by:
    Gravedugger, Corwin Weber

    key players in Obama's current economic team believe in the Trickle Down Reagan VooDoo economics.

    They embrace the 'Chicago School' and GHWBs 'New World Order' free trade NAFTA/CAFTA/GATT [code words for capitalist imperialism] World Bankism.

    All of the Repugs certainly agree.

    The biggest suckers are the Tea Bag idiots who cannot begin to pick up on any of this and will vote for the very Repugs who will destroy their lives, the lives of their kids and their grandkids.

    by shpilk on Thu Sep 02, 2010 at 09:10:04 PM PDT

  •  As someone who used to... (2+ / 0-)
    Recommended by:
    Corwin Weber, brasilaaron at building something, I heartily concur. Unfortunately, the politicians seem to be too lazy on both sides of the aisle to do this, since one party doesn't want to do anything, and the other doesn't want to be inconvenienced by forcing the do-nothings to actually carry out threats of filibusters.

    Float like a manhole cover, sting like a sash weight! Clean Coal Is A Clinker!

    by JeffW on Thu Sep 02, 2010 at 09:12:47 PM PDT

  •  Slow time coming... (1+ / 0-)
    Recommended by:

    The Obama administration has paid out less than a third of the nearly $230 billion allocated to big infrastructure projects in the economic-stimulus program.


    The administration has said that stimulus spending was always intended to roll out in stages, over two years, and that the pace of outlays for infrastructure would be slower than for parts of the package that provided tax cuts and subsidies for programs such as Medicaid.


    Ground breaking for the first major high-speed rail project took place this month, when steel rails were delivered to Brunswick, Maine, for upgrades to a 30-mile stretch of track running to Portland. The ceremony came seven months after the administration announced the recipients of $8 billion in grants for the projects. The administration is still finalizing the grant agreements, and most of the money hasn't formally been made available yet.

    Efforts to award the remaining $48 billion in infrastructure funds have been hampered in some cases because government agencies have had to respond to protests from vendors who didn't win contracts in the bidding process. In other cases, federal agencies have discovered that bids for certain projects were coming in lower than expected.


    William Eggers, global director for Deloitte's public-sector industry-research program, said that rushing implementation, especially on large investments, would make it more likely that the projects would fail or that funds could be misused. Mr. Eggers has studied federal projects going back to the 1960s and said the stimulus was progressing about as quickly as such a large initiative could go.


    "They were overwhelmed by the learned ignorance, the accepted say-so of the times." Teale

    by BobTrips on Thu Sep 02, 2010 at 09:15:13 PM PDT

  •  alternative energy (2+ / 0-)
    Recommended by:
    jwhitmill, Corwin Weber
    Low income housing, public transportation and small buisness (single owner under one million in revenue) tax breaks for adding an additional full time employee and tax breaks to provide real health care. This is what we need not tak breaks for large corporations holding onto money since they rigged the tax system.

    Help! I'm trapped in an alternate timeline.

    by Julian Domain on Thu Sep 02, 2010 at 09:20:57 PM PDT

  •  Amen! Am I missing something? (0+ / 0-)

    Screw the Repubs, just tell them we're spending $100 Billion on infrastructure projects - some of them in Red states. Don't want to sign such legislation? Fine! Executive Order. Next. How is it BushCo got virtually all their shit thru Congress virtually unopposed and Obama can't get jack thru with a 58-42 majority??

  •  what america have you been living in? (3+ / 0-)
    Recommended by:
    gerald 1969, Bronx59, brasilaaron

    our economy has become a Scam based economy.

    almost every single aspect of our economy and almost every single business makes money today by what amounts to trying to scam people out of money.

    and those that aren't scamming people out of money are outright trying to screw them out of it.

    consumerism.  buy this thing. buy this service.  forget that you don't need it.  don't notice that it isn't what we say it is.  pretend it doesn't cost 50x more than it's worth.

    that is the entire basis for the "great" American capitalist society.

    No falsehood is so fatal as that which is made an article of faith. - Thomas Paine (-5.75, -4.65)

    by whoisjohngalt on Thu Sep 02, 2010 at 11:01:03 PM PDT

  •  Why we can't build anything (0+ / 0-)

    This President is an ivory tower egghead who can't negotiate for shit.

    We need to start dealing with that.

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