Obama's Economic Plan, Too Little Too Late

President Obama unveiled a plan on Monday to to spend $50 billion on infrastructure in a fresh bid to fire up sluggish economic growth. The Obama administration believe that this new plan will stimulate the economy and create more jobs.The proposals, which are not expected to pass through Congress quickly, include an estimated $200 billion in tax breaks for businesses that invest in new plants and equipment, a $100 billion extension of the business tax credit for research and development and $50 billion over the next decade to improve roads, rails and other infrastructure. These plans come on top of existing administration proposals to extend tax cuts to households earning less than $250,000 a year, and provide $30 billion to spark an increase in lending to small businesses. However, many economists feel that the plan is too little, too late to reverse dowards trend of our economy.

My question is what do you guys think do you think that Obama's new plan will work or that it should be passed through Congress? I personally am not sure if this is a good idea I agree with the tax cuts for households earning less than $250,000 a year, but I'm unsure about the rest of Obama's plans and how quickly this will be able to jumpstart the economy?