Thursday, February 11, 2010

PROMISES, PROMISES: Jobs bill won't add many jobs

From the Associated Press:

It's a bipartisan jobs bill that would hand President Barack Obama a badly needed political victory and placate Republicans with tax cuts at the same time. But it has a problem: It won't create many jobs.

Even the Obama administration acknowledges the legislation's centerpiece — a tax cut for businesses that hire unemployed workers — would work only on the margins.

This is nothing but political cover and EVERYONE (especially the pinheads that wrote it) knows it. Nothing but throwing good money after bad. This is from the school of "do something even if it's wrong", which we have had too much of already. The only jobs created by this scheme will be more governement jobs created to track the money spent!

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