(CNN) – An Obama-Limbaugh stimulus plan?
That's at least what the conservative talk radio host is proposing this week, first on his radio show Monday, and today in an Op-Ed in the Wall Street Journal.
Limbaugh, who has sharply rebuked the president's more than $800 billion stimulus plan and admonished congressional Republicans for not doing more to stop it, says Obama should make a "genuine compromise" with Republicans wary the bill doesn't include enough taxes and calls for too much government spending.
Instead, Limbaugh proposes that 54 percent - about the percentage of the vote Obama won in the presidential election - of the stimulus bill go to the infrastructure spending the Democrats are proposing while the remaining 46 percent go to the tax cuts pushed by Republicans.
“In this new era of responsibility, let's use elements of both the Keynesians and the supply-siders to responsibly determine which theory best stimulates our economy - and if elements of both work, so much the better,” Limbaugh told listeners Monday. “...The American people are made up of Republicans, Democrats, independents, moderates, whatever they want to call themselves, but our economy doesn't know the difference. Our economy should not be focused on whether or not one party gets reelected. This is about jobs now.”
The stimulus measure passed by the House Thursday night includes $275 billion in tax cuts to individuals and businesses, far less than what Republicans had wanted. No Republican representative ultimately voted for the bill.
The Senate version of the stimulus bill - being debated Thursday - is expected to be more bipartisan in nature.
Let him speak; he has a forum in his show and an audience in the American people; that is fine... we need ideas and I particularly don't care where they come from as slong as they work. taking Rush at his word of slipping the bill in 2 parts is not the best way to do this; however I'm not sure what type of tax cuts the republicans want; they have already tried this... for 6 years the government has given more than a trillion dollars in tax cuts and thuis far the economy is in the worse shape ever, banks are not lending and very few people are asking for loans and even thought he FED is near 0 in the interest rate department; try getting a car loan for less than 8% and you will be call houdini... Rush wants to add to ideas for a solution then start thinking baby... but don't give me this B.S. about splitting to see who's idea works best as a tax payer I don't have the stomach to wait for games...
The "proportionality" aspect of Rush's proposal is as stupid as he usually is, but although I usually want to vomit when I hear the things he says to get attention (like hoping that Obama's presidency is a failure), I have to admit that his simpler approach of tax cuts and infrastructure would probably be better for the economy. I like a lot of the projects in the new bill. I am, after all, a life-long democrat. But I can't help but feel that the democrats were a bit opportunistic by conjoining those projects with the stimulus package. It's not quite as opportunistic as the republicans trying to get Anwar drilling thrown in with... was it the invasion of Afghanistan? But the spirit of "We have the power so deal with it" is not so very different, and most of those projects, although socially good, will not stimulate the economy.
Who's expecting it to be more bipartisan??
Honestly, this is not a bad idea. In the last century, both Keynesian and Free-Market Economics have ruled the world for at least 20 years and each have led to boom times and recessionary times. Republicans, led by Reagan, brought in Free-Market Economics in the 80's after Kennedy and the Dems brought in Keynesian Economics in the 50's and 60's. Rush has actually a not-so-bad idea here: a true compromise based on election results.
I am an involved Democrat with a strong belief in Obama, and I also feel Rush Limbaugh is a quack, but this idea of his isn't actually too far-fetched.
Very Funny. CNN you're about to lose a viewer if you keep up with the nonsense stories. Rush and his dream world are not news!
i know it's a free country . But sometimes you need to shut the hell up . If you think you can do a better job than President Obama, you should have run .
Why should a patriot such as President Obama or even CNN give the time of day to this has been, wind bag? Unfortunately, the Republican leader(?), John Boehner still is taking marching orders from this anti-american jerk. It's time that our President realizes that the majority of the Republican congress has worked toward the destruction of America for the last eight years and nothing has changed. They have nothing contsructive to offer anymore. Screw them.
Since Rush is so much smarter than "Everybody" why isn't he President of the United States?It simply Kills him that so many people voted for President Obama.He was truly hoping for the Bradley affect,....Thank you America for voting your hopes instead of your fears..
I see nothing wrong with listening to Rush.
We listen to Charlie Rangel, Nancy Pelosi and Reid.
If he has a better idea than Pelosi's "birthcontrol party bill" at the
cost of American tax payers.... we can listen to Rush.
If we can listen to Rangel tell us how he is going to spend our
money after knowing he just got caught in a real estate tax scam....
we can listen to Rush.
If we can listen to Obama say he will not tolerate Lobbyist yet
hires one as a top advisor......we can listen to Rush.
If Congress and the House can give ACORN billions in our money, while under investigation......we can listen to Rush.
Fear is speaking your mind is not American......it is Liberal.
Ah, this coming from a jerk who has made it very clear that he wants the Obama administration to fail. Sheesh!!
He is an irrevelant overweight drug addict.
This is patently false, and I am afraid it is purposefully so. The article says that Republicans are weary that there are not enough taxes in the stimulus? Typo?
Obama is a genius at saying one thing and doing another! So don't expect much from him! :(
I have a much better plan: Let the states that voted for Obama get the money and let the others do without.