Here's Obama on the bleak jobs situation....
From FoxNews[emphasis mine] -- "Extending the payroll tax credit to put a thousand dollars in the pocket of the average American worker. Extending unemployment insurance to help people get back on their feet. Putting construction workers back to work rebuilding America."
I get the construction jobs, but still those are temporary, make-work jobs that end as soon as the money runs out. But if somebody can explain how prolonging a crutch that makes it easier not to work helps get them back to work, I'd sure like to hear it. Unless the idea is that they'll spend the unemployment money and that'll stimulate the economy and some guy might get hired in a few months.
These ideas seem pretty indirect, too long term, and lame to me. If he wants to create millions of jobs almost immediately and guarantee his re-election, cut taxes across the board, impose a moratorium on all federal regulations for 100 years rendering rogue agencies like the EPA pointless, repeal Obamacare, and start drilling for oil all over the country and our oceans. That should do it.
3 comments:
It's pretty well established that unemployment insurance extensions "extend" unemployment.
The payroll tax credit should go to EMPLOYERS, not the employees. That would be an incentive to hire.
Obama has no clue - none whatsoever.
No he doesn't, but the media will applaud his humanitarianism and hard work to get America back to work even they know what a dolt he is.
No clue.
How about that AA+ credit rating. Got to love that.
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