Rod Kaufman said:
Obama will unveil the following stimulus:
1. Payroll tax cut
2. Extension of unemployment insurance benefits
3. Creation of an infrastructure bank to fund construction projects
4. Job initiatives targeting specific groups such as veterans.
http://www.latimes.com/news/opinion/commentary/la-oe-mcmanus-column-obama-unemployme20110807,0,7449126.column
And the GOP plan? Oh yeah, cut spending and everything else will take care of itself...
Obama must think we're all idiots. More of the same BS that makes things worse.
As far as the Tea Party, if they had really had their way and gotten actual cuts in spending, the S&P wouldn't have downgraded the US debt. But we got no cuts, we got "the GOP Plan" instead of real debt reduction, the S&P said as much and downgraded our rating. As many times as you hear demo politicians say "It's a Tea Party downgrade" as their latest coordinated talking point, remember that the S&P would have not downgraded if the Tea Party people gotten the actual spending cuts that they wanted. S&P made that very clear. Oh yeah, and remember that the demos had no plan except for that last-minute BS by "Dr. Biden" that was only posturing.
If this is still confusing to you, look at Ohio. They just had their credit rating UPGRADED. How did they do it? Lowering taxes and making the state more business friendly. And stopped relying on federal funds to balance the budget (on paper). Nobody died.