Sounds like more of the same from the Petulant Boy-King and his Council of Pointy-Headed Keynesian Advisors:
(From AP) Seeking to jolt the economy, President Barack Obama will propose new ideas to create jobs and help the struggling poor and middle class in a major speech after Labor Day. And then he will try to seize political advantage by spending the fall pressuring Congress to act on his plan.
Obama’s plan is likely to contain a mix of tax cuts, jobs-boosting construction projects and steps to help the long-term unemployed, a senior administration official told The Associated Press. The official emphasized that Obama’s proposals would be fresh ones, not a rehash of plans he has pitched for many weeks and still supports, like his idea of an “infrastructure bank” to finance construction jobs.
After the last giant stimulus fail, Obama and his chums tried to laugh it off. Why would this particular load of cash produce anything different in the way of results? My bet is it won’t.
