Thursday, September 08, 2011

Obama's Job's Speech: More Cowbell!

1. Shovel-ready jobs: I thought he learned there were no such thing. Okay he called the "quick infrastructure projects"

2. Short-term temporary tax cuts / new hire tax breaks: If you want to open a factory, do you think a short-term tax break is going to make a difference whether the factory will be profitable? Crushing regulations like the new EPA mandates, Obamacare, Dodd-Frank, and the NLRB union lawsuits are going to still kill your idea

3. More unemployment insurance. If you extend unemployment insurance for the rest of someone's life, it's called welfare. I believe in unemployment insurance, but there is a limit.

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