Tax cuts or more stimulus?

So what do you think about the tax deal that might be (or already has been, by the time this is published) rammed down our throats? I don't like it. Yes, it's good to keep the tax rates low. But what about all the additional spending we are committing to? This is a close call but I'd vote no.

I happen to agree with Krauthammer. From the Washington Post:
"Swindle of the year" by Charles Krauthammer
http://www.washingtonpost.com/wp-dyn/content/article/2010/12/09/AR2010120904472.html

Not much I can add to that. I don't know why or how Obama did this but the fact is that this will benefit him greatly. He will get TEMPORARY benefit to the economy (and re-election, he hopes) at a long term cost to the country (you can't borrow forever), while publicly appearing to distance himself from the radical left (which also benefits his re-election chances).

"In the deal struck this week, the president negotiated the biggest stimulus in American history, larger than his $814 billion 2009 stimulus package. It will pump a trillion borrowed Chinese dollars into the U.S. economy over the next two years - which just happen to be the two years of the run-up to the next presidential election."

"Some Republicans are crowing that Stimulus II is the Republican way - mostly tax cuts - rather than the Democrats' spending orgy of Stimulus I. That's consolation? This just means that Republicans are two years too late. Stimulus II will still blow another near-$1 trillion hole in the budget."

"Obama's public exasperation with this infantile leftism is both perfectly understandable and politically adept. It is his way back to at least the appearance of centrist moderation. The only way he will get a second look from the independents who elected him in 2008 - and abandoned the Democrats in 2010 - is by changing the prevailing (and correct) perception that he is a man of the left."