Via Mickey, Ambinder reports that the administration is pondering a payroll tax holiday. I always thought this was the right kind of stimulus. If Obama had offered that instead of his Pelosi-wishlist stimulus, he would be in much, much better shape politically right now. It would have garnered significant Republican support, would have made Obama look like a different kind of Democrat, he would have instantly fulfilled his campaign promise to cut taxes for the middle class, and it would have worked better! The devil’s in the details and I’ll leave it to others to debate whether it makes sense now. But I always thought that was the way to go when there was something like a real consensus on the need for a stimulus.