welcome to the Republican party, Barack

tax_cut_great_depression.jpg
coming soon to your neighborhood


Change ain't happening.

Does Obama think we can turn this around with another tax cut? Or maybe he just thinks a few hundred dollars will make a difference to people who have already lost jobs and houses. Even George Bush can see it didn't, and doesn't, although he now has the satisfaction of welcoming his successor into the Republican party.

WASHINGTON President-elect Barack Obama, commencing face to face consultations with congressional leaders Monday, is embracing an unexpectedly large tax cut of up to $300 billion. Obama said the country faces an "extraordinary economic challenge." Besides $500 tax cuts for most workers and $1,000 for couples, the Obama proposal includes more than $100 billion for businesses, an Obama transition official said. The total value of the tax cuts would be significantly higher than had been signaled earlier.

[image, from the first Great Depression, from thereaction]