Seinfeldian Economic Policy

In the renewed scramble to propose, if not actually pass, some new measures to boost the economy, today we've got a $50 billion infrastructure investment and this one (which reminds me of some classic television):

Obama to Propose Plant and Equipment Tax Write-Off

WASHINGTON (Reuters) - President Barack Obama will propose on Wednesday that businesses be allowed to write off all their new investments in plant and equipment through 2011, an administration official said on Monday.

The plan, aimed at jump-starting job growth, would cut business taxes by some $200 billion over two years, the official said.