Apparently CNN and I agree on this situation.  From a CNN commentary from Mitt Romney:

First, there are two ways you can put money into the economy, by spending more or by taxing less. But if it’s stimulus you want, taxing less works best. That’s why permanent tax cuts should be the centerpiece of the economic stimulus.

Repubs just cannot let go of the Laffer Curve theory—-spending will stimulate–I guess cutting taxes is all the GOP has at this time.

Second, any new spending must be strictly limited to projects that are essential. How do we define essential? Well, a good rule is that the projects we fund in a stimulus should be legitimate government priorities that would have been carried out in the future anyway, and are simply being moved up to create those jobs now.

Third, sending out rebate checks to citizens and businesses is not a tax cut. The media bought this line so far, but they’ve got it wrong. Checks in the mail are refunds, not tax cuts. We tried rebate checks in 2008 and they did virtually nothing to jump-start the economy. Disposable income went up, but consumption hardly moved.

Fourth, if we’re going to tax less and spend more to get the economy moving, then we have to make another commitment as well. As soon as this economy recovers, we have to regain control over the federal budget, and above all, over entitlement spending for programs such as Social Security and Medicare. This is more important than most people are willing to admit.

Fifth, we must begin to recover from the enormous losses in the capital investment pool. And the surest, most obvious way to get that done is to send a clear signal that there will be no tax increases on investment and capital gains. The 2001 and 2003 tax cuts should be extended permanently, or at least temporarily.

Okay Romney and I agree somewhat, but all the clap trap about tax cuts is wrong in my opinion.  We have had 7 years or more of them and we still find ourselves sucking air in the economy…..so if no one is buying why would businesses create supply that will just sit and rust?

So but if you want to create demand then all cash should go to those people making less than $25,000 a year, these peole will spend it, all of it.  Given to others in the middle class and it will go to savings or such…it will not stimulate the economy.

May I suggest that we stop lying to the people, someone is gonna pay higher taxes eventually….so start now and any damage to the deficit can be lessened.