Obama is going with tax cuts. Well, that didn’t take long. Obama’s already working his compromise promise –– except right now compromise on the economy could send us spiraling into a depression, if we aren’t already there. Remember all those tax cuts under Bush? Didn’t everything turn out awesome? Did you spend, spend, spend your six hundred dollars last year? Cram that shit back into the economy and get it rolling again? How did that go? Now Obama’s going to compromise on his stimulus package and instead of spending 100% on infrastructure, he’s going to give 40% back in tax cuts. That leaves 60% for infrastructure. Fail.

I know, Obama promised we’d get tax cuts. And that’s fine –– just not at the expense of public investment stimulus plan. We need to stop the hemorrhaging of jobs now. Actually, yesterday. We need to invest in our infrastructure immediately. Compromising with the ideologically driven Republicans who got us into this mess is not the way to go. Compromising to the tune of 40% is just plain moronic.

We are sitting on the edge of a cliff right now. We need to go with what will give us the biggest bang for our buck and it turns out infrastructure spending is top o’the list.



Hey, look at that. Oh, and that chart was created by Mark Zandi, a Republican.

Obama wants to get 80 Senators on board for his stimulus plan. 80. That’s beyond compromise, especially when you control the Senate by a wide margin. This is half-assed leadership. This is weak leadership. This is not impressive.

Well, thank God. I mean, they got us here, so let’s keep doing what they want. This 40% plan is BEFORE Obama has worked with the Republicans. He is going in offering 40%. Has anyone seen the Republicans operate over the past 20 years? Anyone? Usually one would start out low and negotiate from there. I expect this to end up with around 99% tax cuts, based on Democratic spinelessness. It’s exactly what we can’t afford right now.

So, that’s not good. Not good at all. We need jobs. Tax cuts to businesses trying to survive aren’t going to produce jobs. It may keep some more people employed, but it won’t create new jobs. Not in this economy. Giving businesses money to rebuild the infrastructure would create new jobs. But, no, let’s go with more discredited, obviously wrong, eternally failing, supply side economics.

The Bush economy, with these types of tax cuts created a 26% increase in Americans living in “extreme poverty.”

Twenty-six fucking percent. So, by all means, more of the same.

Giving money to people without pricing power is useless. The middle class and upper class are holding onto their money right now. They will do the same with the bullshit $500 dollar check they get. But they are only $140 million of the tax cut, the rest goes to businesses. Businesses aren’t going to create new jobs if there isn’t any demand for their fucking products. What retard actually believes that is going to happen?

Anyone notice what went down when we gave billions to the banking industry over the past few months? They laid people off and bought up competitors –– then laid off those employees. Wow, what an enormous success.

God forbid we actually use the stimulus money to rebuild our country. Hey, how about we increase our Internet speeds so we aren’t 10 times slower than everyone else in the world? How about some high-speed trains? How about more subways and light rails in cities? Anyone notice traffic is bad? That kind of effects business a bit. How about we do something about the nations electrical grid? Our country needs a massive overhaul and now is the time to do it. And guess what? We can actually put people back to work at the same time.

Or we can just hand people a check and keep doing exactly what we did to get us here. We can ignore the fact that our economy hasn’t been working for quite some time for the vast majority of Americans. We can ignore the fact that the FIRE economy is pretty much a massive failure and avoid the inevitable: A complete and total restructuring of our economy. We can keep giving away tax cuts, so people will spend money the same way they have been and keep going down this dark road of doom.

We’ve basically tax cutted ourselves into a depression, so why stop now. We’re not getting any return on our tax cuts and haven’t been for quite some time. Obama calling for 40% of his stimulus plan is a disaster.

The new boss is giving in to the pathetic old boss.


FearTheReaper is a writer, actor and stand up comedian. Check back each Tuesday, Thursday and Saturday for more from FearTheReaper and read his blog, Stop All Monsters.