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Friday, January 29, 2010

Giving Raises Reduces Unemployment.

http://www.latimes.com/business/la-fi-small-business29-2010jan29,0,1554643,full.story
Obama seeks tax credits for companies that hire new workers

Almost a year ago Barack Hussein Obama saved the economy by giving almost a trillion dollars to Wall Street Wizards (businesses that don't actually make any products, but do make bad investments). Of course, when Barack Hussein Obama saved the economy, he didn't do anything to fix the problem with increasing joblessness, increasing homelessness and increasing business failures. But I suppose those are not a major part of the economy.

Barack Hussein Obama has spent the last year watching and doing nothing about the skyrocketing unemployment. After the Democratic slaughter in Massachusetts, Barack Hussein Obama has finally decided to do something about the unemployment problem. After all, how many times can you extend unemployment benefits? Anyway, Barack Hussein Obama believes that giving businesses a job credit for giving raises to current employees will help create jobs.

Barack Hussein Obama's minions are claiming for a mere outlay of billions of dollars this will create hundreds of thousands of jobs. Of course, the government toadies that agree with this are likely the same people that think you can balance the federal budget my saving millions and spending trillions.

However.

As long as Barack Hussein Obama continues his war on capitalism, no new business will start. And without new businesses, where will the new jobs come from? And without any confidence in the economy, it doesn't matter how many people get jobs collecting welfare, the economy will not improve.

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