Wasting Time With Alex

Job creation 101..

When Obama and crew saw the all but taken for granted Kennedy seat in blue state Massachusetts go republican, for the first time in almost 5 decades, over the abysmal economic situation, the terrible unemployment situation, the out of control government spending, the ridiculous stimuluspatronage bill, the record setting debt expansions, from people that ran on the previous administration’s lack of deficit spending discipline no less, only to then tack on in 1 year more than all the previous 8 years, and not to forget the ludicrous government takeover of 1/5th of the economy masquerading as healthcare reform, which the democrats continue to try and push for despite the fact that over 60% of the public is against it, and immediately tried to make like they suddenly cared about anything other than the massive expansion of government and introducing more marxism writ large, by pretending they had shifted their focus on jobs, I pointed out that all we would get was more of the same. I bet people that there would be a costly multi billion dollar government plan that would do nothing but create more government jobs and dig the debt hole deeper. I was lambasted for being negative, even accused of the usual bull. You know, you are a racist, and so on. Looks like I am yet again being vindicated. Now, I know that the collectivists writing this are coming at it from a different angle, but the facts remain the same:

WASHINGTON – 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.

As for the bill’s effectiveness, tax experts and business leaders said companies are unlikely to hire workers just to receive a tax break. Before businesses start hiring, they need increased demand for their products, more work for their employees and more revenue to pay those workers.

The reason this bill will do nothing is that it is just way too little, way too late. This administration is considered the most hostile one ever to the private sector for a reason. And that private sector sees this “jobs bill” for what it really is: fluff. Obama is promising them some meaningless tax cuts to take on huge risks. And that’s precisely what hiring new people is under this administration, These morons are destroying the private sector, directly and indirectly, with their reckless and ridiculous fiscal policies, and everyone, but especially small business owners, are just hunkering down and praying this stuff blows over sooner than later. How much of an incentive is a tax break of any kind, when you are looking at drastic cost increases – from the healthcare bill to other stupid anti-business regulations that seem to be the only thing these collectivists like – that dwarf that break? The answer is none at all. What Obama and the democrats are doing parallels mobsters promising to pay for your nose job, to help you look decent again, after they get done breaking every bone in your body. Nobody is going to buy that.

Rys, of the National Federation of Independent Business, said the credit could speed hiring once employers need more workers. But, he said, NFIB members aren’t seeing many signs of improvement.

And that’s the problem. We are being told things are getting better when they are not. Couple that with the private sector not trusting the crooks in DC, and you can see why whatever moneys these morons allocate for job creation will simply result in a faster growth in deficit spending and debt and yield no jobs for anyone but government bureaucrats.