simply unbelievable... [update... #2]

White House considering major tax breaks for businesses, sources say
By Lori Montgomery
Thursday, September 2, 2010; 6:23 PM
Washington Post
With the recovery faltering less than two months before the November congressional elections, President Obama's economic team is considering another big dose of stimulus in the form of tax breaks for businesses - potentially worth hundreds of billions of dollars, according to two people familiar with the talks.

Recall: U.S. corporations today have more cash-on-hand than at any time since WWII.

Are they using the cash to build production capability?
No.
Are they using the cash to hire folks?
No.

How, exactly, will letting 'em keep even MORE money be stimulative???

Update:
Commenter Nance implies maybe I ought to read the whole article, not just lead paragraph, before launching into knee-jerk response. The tax-cuts under consideration are targetted at small biz, and may just be stimulative...
... maybe next time.

Update #2:... still - given that current mess is demand-based (consumers aren't buying), the stimulative effect of tax-cuts for biz is at best secondary. tax-cuts for lower 90%-ile of individuals would put disposable $$$ in the hands of consumers, who would spend the $$$, increasing aggregate demand. This would provide DIRECT benefit...
Better still: EMPLOY FOLKS! Use govt $$$ on, e.g., infrastructure projects - directly creating JOBS. Give $$$ to local school districts to HIRE TEACHERS.
Just for fun: visit a local National Park or National Monument. More than likely the visitor's center & all the trails were built by CCC in the 1930s - a federal "make work" program... with lasting benefits to us all!
Just for fun #2: getting around Albuquerque is made much easier by existence of I-40 & I-25... part of Interstate Highway system built with fed $$$ starting in the 1950s under that radical pinko Eisenhower.