The part about it that has to grind Obama is he was set for a destructive tax increase. The 'compromise' is but a speed bump on his road to destroy the country.
Part of what is going on today is uncertainty. Businesses, including mine, will not expand or make other commitments until we figure out what the hell is going to happen.
This will remove a little uncertainty but not much.
Democrats typically pass out cash to their constituencies (Pigford for example) which will stimulate some consumer spending (see our 1.1% increase over the last year) but do nothing for employment.
Read “The Forgotten Man” by Amity Schlaes for a sense of what did and didn’t work in the Great Depression