The Democrats always seem to envision an economic stimulus package as trying to stimulate consumer spending. It seems to me that encouraging business reinvestment is at least an equally valid way to stimulate the economy.
If I spend $1000 on a new home computer, that stimulates the economy by $1000. There is no benefit to the US economy if I can play my favorite computer game 10% faster. I’m still going to spend the same number of hours playing on the computer.
However if my employer spends $1000 to buy a new computer for me to use at work, then the economy is also stimulated by $1000. Although the effect does not end there. If I am 10% more productive on the average workday, this benefits my employer significantly. This benefit might enable them to drop prices to generate more business or enable them to be (more) profitable in these lean economic times. Or perhaps my employer could give me a pay raise! If this productivity increase causes my employer to be more profitable, then they will be paying more corporate income tax. If the productivity increase leads to my getting a pay raise, then I pay more income tax. I’d think the Democrats of all people would be in favor of either increase in tax revenues.