There's at most 10% of the needed stimulus, and plans for five times as many cuts. But, hey, Obama said "jobs, jobs, jobs." It will help him get re-elected and, as far as I can tell, in Obama's mind, getting re-elected is more important than 15% unemployment.
That was a more bitter croak than I expected to write. But it seems that Obama, like his model Reagan, is much more concerned with his public image than anything that is good for the USA. Are we to take him, then, as a man dominated by the kind of all-consuming vanity which usually afflicts actors? Perhaps yes. He seems to want to look presidential rather than be President.