Wednesday, February 11, 2009

Bow just about tied

...on the 'stimulus' bill. Bits and pieces of information are leaking out. It looks like Obama gave a little bit on his 'signature' taxbreak to all workers. I didn't like the idea of it from the beginning, but understand that he was a big vote producer and his is obliged to follow through. It seems like some of the stupid tax breaks were cut back or eliminated. The ones allowing giving consumers a kickback for buying a car or a house seems nearly as foolish as the corporate tax refund provision. They kept the refund provision in for smaller businesses, that's good. They slashed the aid to states by a fair amount, which kinda sucks. I would have liked to have seen more cash for them and for education spending.

I still don't know what the hell Republicans are talking about with their standard line bitching about 'Washington spending'. Most of the cash spent is going into tax breaks that they love and to the states. You know the states, the ones that aren't in Washington. My guess is that they are simply posturing for the next round of complaints they will make regardless of the good or evil that is done by this bill. The bitching will be exactly the same regardless of the situation. "Big gubment", "spending as far as the eye can see", "typical Washington insider deals"...blah blah blah blah puke ralph.

In the end, I think this will do some good to the economy. The downward spiral caused by Republicans will be slowed considerably.

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