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...
This is a joke, right?
1. Been there, done that, didn't work
2. Has absolutely nothing to do with stimulating the economy (if that were the case, unemployment in North Carolina would be 4% by now.)
3. Yeah, right,
another wasteful government bureaucracy. I guess Obama didn't know that banks already loan money for construction projects (and China loaned Obama trillions for his shovel-ready projects. We all know how well that worked.)
4. So the all-seeing all-knowing all-wise all-powerful Obama knows exactly what jobs are needed where and who is there to fill them.
Actually the original GOP plan was cut, cap
and balance. Not just cut. There are at least two other GOP plans like the Penny plan, similar to the original GOP plan that balanced the budget during the Clinton administration.
David E