
Originally Posted by
lizbud
It contains four main elements, as described by Democrats:
1) reduce the cost to employers who hire new employees with a tax break for any employer who hires an employee who has been out of work for at least 60 days;
2) enhance the write-off that small businesses can take for purchases of certain equipment, freeing up capital to grow and hire workers;
3) expand the Build America Bonds model by making it available to existing Tax Credit Bonds, which provides the bond holder with a federal tax credit in lieu of interest; and
4) extend the surface transportation programs (SAFETEA-LU) through the end of the year.
Like I said a long time ago.... Government by Lawyers and Professors who have spent almost ZERO time in the real world.
Tell me, anyone, which of these things increases a customers willingness to buy products or services? It might make it easier to hire, but what SMART business person hires when there is no work for them to do?
Sure, the roads will get fixed up all nice and purdy. (Just like I said a year ago...) But when the roads get fixed and the bridges get fixed... And all that freshly printed money is still out there, chasing the original amount of goods and/or services... What happens?
The answer is easy... Its happened time and again during the course of history.
"Unlike most of you, I am not a nut."
- Homer Simpson
"If the enemy opens the door, you must race in."
- Sun Tzu - Art of War
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