If the politicos were SO CONCERNED about our jobs, why have they GIVEN TAX BREAKS to US COMPANIES for OFF-SHORING and OUTSOURCING the LAST 30 YEARS??!!!
And now, a YEAR AFTER the BANK LOOTING was passed, NOW they are going to GET TO WORK on saving American jobs?
How many SHIT POLITICAL FOOLEYS can you gag down, 'murka!
And they WONDER why we are ANGRY!!!!!!
"Support grows for creating US tax credits for new jobs" by Catherine Rampell, New York Times | October 7, 2009
NEW YORK - The idea of a tax credit for companies that create jobs, something the federal government has not tried since the 1970s, is gaining support among economists and Washington officials grappling with the highest unemployment in a generation.
How about GETTING RID of the TAXES, period, hanh?
This nation has WAY TOO MANY TAXES for an OVER-SIZED and OPPRESSIVE government!
Yeah, let's give another tax handout TO FAVORED INTERESTS! F*** the people!
The proposal has generated some bipartisan appeal among politicians eager both to help their unemployed constituents and to encourage small business development. Legislators on Capitol Hill and President Obama’s economic team have been quietly researching the policy for several weeks....
OFFENSIVE!!! They really think this is going to assuage our anger?
In addition to the economists working on the proposal, some heavyweights support the concept, including the Nobel laureate Edmund S. Phelps, Dani Rodrik at Harvard University, and former Labor Secretary Robert Reich.
One version of the approach, to be unveiled next week by the Economic Policy Institute, a labor-oriented research organization, would give employers a two-year tax credit if they increase the size of their workforce or add significant hours of work. (An example might be making a part-time worker full time.) Employers would receive a credit worth twice the first-year payroll tax for each new hire, or several thousand dollars, depending on the new worker’s salary.
“It’s beautiful if it can be timed at a dire moment like this when unemployment is way too high and appears to be going somewhat higher,’’ said Phelps, a Columbia University economics professor, lamenting that the president dropped it from the $787 billion stimulus plan last winter.
Where has this guy been the last year? And this is going nowhere, voters, just like all the other Congressional fart mist you have heard for a year. The politicians have not done ONE THING for YOU, taxpayer!
“But it’s a pity that this wasn’t done a year ago. We could have saved ourselves a good part of the downturn.’’
This has nothing to do with the stink gambling games Wall Street f***ed us with, s***-shoveler. These guys are incredible.
One of a number of ideas being discussed, the policy is intended to encourage companies to start hiring again by making it cheaper to add new workers. It has raised concern, though, that employers might try to game the system.
Nooooo!
Timothy Bartik, a senior economist at Upjohn Institute for Employment Research who is working on the draft with John H. Bishop of Cornell, estimates it would cost $20,000 per job.
But some dismiss the idea as corporate welfare.
That's what Congress is there for, isn't it?
“Some bad ideas never go away,’’ said Howard Gleckman, a senior research associate at the Urban Institute. “It’s just providing incentives to lots of companies that probably aren’t going to make it in the end anyway.’’
