President Obama with various Democratic lawmakers, all poised to run out of the room and say they never met him if a scary poll comes out.
According to the Times, President Obama will officially come out against extending the Bush tax cuts for households making over $250,000 a year, offering instead to extend cuts for the 98% of Americans who earn less than that. He’s also presented a package of deductions and capital incentives for small businesses, plus infrastructure spending designed to boost the economy and encourage hiring. It’s not a stimulus, though, because people don’t like that word. That a government plan to stimulate the economy must never again be called a stimulus is one of the few things that Democratic lawmakers can agree on lately. The other is that not giving a tax cut to the the richest 2% of the country is politically risky, and maybe they should just do it anyway so Republicans will stop being mean to them.