THE BURNED OVER DISTRICT

President Obama put forth a bad deal to try and tempt the Republican/Teabaggers in Congress to actually do something to stimulate new jobs.

President Obama, in a bid to break a stalemate with the Republican-controlled House, will revive on Tuesday his proposal to cut corporate tax rates in return for a commitment from Republicans to invest more in programs spurring middle-class jobs.

Using a cavernous Amazon distribution center in Chattanooga, Tenn., as his backdrop, Mr. Obama will describe a “grand bargain” on jobs that White House officials say will stimulate the economy, as well as give businesses the lower tax rates they have long sought. It would be the first new proposal of his economic offensive, setting the stage for the fall budget fights with Congressional Republicans. But the packaging is what is new, not the ideas.

The terms of Mr. Obama’s tax plan are those that Timothy F. Geithner, his former Treasury secretary, first proposed in early 2012, as the presidential campaign was getting under way: the corporate tax rate would be reduced to 28 percent, from 35 percent, with a lower rate of 25 percent for manufacturers.

At the time, Mr. Obama’s ultimate Republican rival, Mitt Romney, was proposing a 25 percent corporate rate, the same level that Republicans in Congress espouse now.

While the White House is advertising the move as a big concession, Republicans dismissed the proposal even before the president had spoken in Tennessee, based on advance news reports.

“It’s the opposite of a concession,” said Brendan Buck, a spokesman for House Speaker John A. Boehner, Republican of Ohio.

And its a bad deal because it cuts taxes for grossly under taxed corporations while geNosedrool Brigade.tting nothing that won't be cut to shreds by the Teabagger. It would be so much better if he put forth a massive detailed package of taxes and programs so he could go to any part of the country and say, 'See this is what the Republicans don't want you to have'. But that takes political courage, sadly lacking in the White House.