This sounds good to me…if only there was a chance of Obama adopting the plan:
This does not have to be a divisive issue. It does not have to be in any way, shape, manner, or form a divisive issue. So I have a proposal. As has been noted, elections have consequences. President Obama in the meeting on Friday with House and Senate Republican leaders, Eric Cantor from Virginia in the House proposed a moderate tax cut plan. Obama said, Well, you know, “I won.” I’m going to trump you on that. We’re not going to do that. Well, where’s the bipartisanship, President Obama? There is no bipartisanship in President Obama’s plan. President Obama’s definition of bipartisanship is when Republicans cave and agree with his plan so he can then claim it’s bipartisan. But he’s not compromising on anything, here.
Mine is a genuine compromise. So let’s look at how the vote came out, shall we? Fifty-three percent of voters in this country — we’ll say, for the sake of this proposal, 53% of Americans — voted for Obama. Forty-six percent voted for Senator McCain, and 1% voted for wackos. Let’s give the remaining 1% to President Obama, so let’s say that 54% voted for President Obama and 46% voted for Senator McCain. As a way to bring the country together and at the same time determine the most effective way to deal with recessions, under the Obama-Limbaugh Stimulus Plan of 2009, $540 billion of the one trillion will be spent on infrastructure as defined by President Obama and the Democrats.
So the Obama voters get to have the public works jobs, and funding for abortions, ACORN, and crappy cars.
The remaining $460 billion, or 46% that voted for Senator McCain, will be directed towards tax cuts, as determined by me.
These tax cuts will consist primarily of capital gains tax cuts and corporate tax rate cuts. So Obama gets $540 billion to spend his way. The other people of this country who did not vote for his way get $460 billion spent the way they would like it spent. This is bipartisanship! This is how bipartisanship really works. Okay, Obama wins by a 54-46 majority, so he gets 54% of the trillion bucks. Spend it his way. We get 46% of the trillion bucks to spend our way, and then we compare. Then we see which stimulus actually works and works the fastest, and I will guarantee you that if this plan is adopted, just the announcement that $460 billion will go toward paying for tax cuts, capital gains, and corporate tax rates — we could throw in some personal income tax rate reduction in order to make sure that the voters don’t think it’s all about helping the big guys. But we need jobs, do we not?
Who hires people? Businesses! Businesses need tax cuts. The US corporate tax rate is obscene. It is the highest of all industrialized nations. It’s 35%. Cut it. Cut it in half. Make the capital gains rate go away for three months, and then get out of the way to see what happens on Wall Street. And once Wall Street starts ticking up 500 points a day, you watch what happens to the rest of the private sector. It will follow right along. This would ensure a bipartisan compromise bill, as Democrats have said that they’re always about. It would satisfy the American people’s wishes, as polls currently note; and it would also serve as a test, going forward, as to which approach best stimulates the growth of jobs — and it can be measured side by side. It could be determined where the new jobs are coming from.
Of course, this plan would defeat the Democrats’ purpose…which isn’t to stimulate the economy at all, but to consolidate power.
Rush, who has received a lot of heat, even from some conservatives for saying that he doesn’t want Obama to succeed, just asked a brilliant exit question: Does Obama want conservatives to succeed?