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American Jobs Act Unlikely to Produce Many Jobs 

By: ribit in FFFT | Recommend this post (2)
Mon, 03 Oct 11 3:13 AM | 45 view(s)
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American Jobs Act Unlikely to Produce Many Jobs
President Obama has presented a $447 billion plan to encourage businesses to hire new workers and stimulate spending, but a review of the academic literature suggests that the proposed policies will have little, if any, impact. Indeed, because these temporary tax measures would be offset by some $460 billion in permanent tax increases, the whole package could end up doing much more economic harm than good

http://taxfoundation.org/publications/show/27632.html

...no surprise here. If Obama has created any jobs at all, it will be for a few prison guards after he leaves office.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!




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