Add all of the ingredients, except the whipped topping, to a mixing bowl. Using a hand mixer blend them together until evenly combined, smooth, & creamy.
1 8 oz block cream cheese, 1/3 cup powdered sugar, 1/4 cup brown sugar, 1/4 cup unsulphured molasses, 1 tsp vanilla extract, 1 tsp ground cinnamon, 1 tsp ground ginger, 1/4 tsp ground nutmeg, pinch ground cloves