the Targeted Jobs Tax Credit enacted in 1978. The same problems exist. When the jobs are created by a government tax credits you inevitably find that those jobs disappear with the tax credit or other jobs disappear to make room for the job bearing the tax credit.

The only government action that creates private sector jobs is creating an environment where business feels comfortable that hiring people makes sense.

I agree with Haystack.

It’s evident that the Progressives/ socialists now in control do not have a clue how business decisions are made. Obama, Pelosi, Reid, and the rest have never held a real job, met a payroll, or had to make any market based decisions that affect a real business.

They think that by giving business a little incentive to hire an employee, therefore they will.

They do not understand that the Progressives have created an anti-business climate which scares the hell out of most business owners. The possibility of higher taxes, more regulations, mandated healthcare for employees, higher energy expenses from cap and trade, card check, etc. does not give small business any confidence that they can do business without costly government caused overhead.

The only good thing to come out of all of this is that it makes it easy for conservatives to campaign on market based principles this fall.

Apparently, the administration sincerely believes that the printing press is the sole creator of all wealth.
And doesn’t understand the concept of debt.
Alas beating up the banks and accusing them of withholding lending to small businesses ” To help expand payroll ”
Gads…if I had to borrow money to pay the hands…I would be pretty much out of business.

“…companies are unlikely to hire workers just to receive a tax break…”

Would it be terribly trite for me to just sat “DUH!” here? It doesn’t take tax experts and “business leaders” (whoever they are) to make a pronouncement like that. Anybody who has ever had to meet a payroll knows that. Of course, that leaves out pretty much the entire collection of non-productive elitists in the Obama administration.

I’m not sure whether to laugh, cry, or start slapping people silly when ignorant administration fools with no business experience whatever start telling me how it should be done.

Making decisions by flipping a coin would result in far more successful policies than those emanating from the moronic convergence that is the Obama administration.

Geez, is this the only attack this guys knows? His weatherization program bill that he signed earmarked billions to weatherize low income homes. It was designed to save money and provide jobs., At the time I thought, ” How the heck many people does it take to caulk a window for crying out loud? How many hundreds of thousands of jobs will we replace?”

I understand what the guy is trying to do here. He tries to score points on two fronts..one with the green crowd and one with the jobs crowd. Now with this program he hopes to gain accolades with the small businesses as well as with the job crowd. They’re two-fers. Pushing one initiative to fix several problems at once. Its not working!!

(h/t to RStater america1st who brought up the “weasel” in another post.)

And as such, the government should be saying “What can we do to foster growth in the private sector?” Threatening them with unwanted unions (card check), causing “necessarily skyrocketing” (Obama’s words) energy prices due to cap’n trade system, and restricting private sector borrowing by (1) borrowing so much money yourself (fed govt) that there is little left and (2) keeping interest rates so artificially low that there is less urgency to lend money, will not stimulate private sector economic activity.
Lowering taxes, keeping the rules constant, and removing unneeded regulations are all actions that would help. It is the private sector that funds the public sector in a free-market economy, so making it stronger is the best thing the public sector can do.

Hopey Don’t Play That. Photoshopped pic.

that government spending will somehow fix the economy, create jobs or do anything else positive.

He believes Keynesian crap works, despite historical record to the contrary. He believes it, therefore everyone else must be stupid and wrong.

To paraphrase Hillary, Socialism didn’t work before because the right people (Hillary and gang) weren’t in charge.

Wish I were half as smart as Obama… not.

Regards

Don’t tell me you don’t peek at Reason! http://www.youtube.com/watch?v=Cg0n0nIqgrc