House Dems trash Obama's plan for jobs tax credit

[FUZO]

This scum bag president is losing his own partys vote and in 3 moe years he's out.Change will be coming when blojama is out and a new republican president is in



Some rank and file Democrats in the House are trashing President Barack Obama's plan to give businesses that add workers a new $5,000 tax credit for each job they create.
Democratic Rep. Mike Thompson of California said businesses won't hire new employees unless they have work for them to do. Democratic Rep. Lloyd Doggett of Texas said companies that have struggled to keep workers would lose out while those that got rid of workers could get the credit by replacing them.
The lawmakers challenged Treasury Secretary Tim Geithner at a House Ways and Means Committee hearing Wednesday to come up with a better way to create jobs

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Re: House Dems trash Obama's plan for jobs tax credit

They're exactly right. His little bullshit tax credits really aren't worth shit when it comes to business incentive and this "capital" he speaks of as if he knows anything about it. The only incintive he understands is backroom crooked government deals. When it comes to real world, everyday business. The man's clueless. Put "not for profit" in the mix, add government subsidies, and he likes that.
Maybe he'll catch on that those don't function unless we have thriving economy, and businesses with positive capital gains. Because without those. There's no other place to steal money from. And he can only print so much.
Socialists eyes were full of light in the wealthiest country in the world. Maybe the smarter ones are realizing that the capitalists that tighten their purse straps are capable of dimming that socialist gleam. Then maybe, just maybe, even in the leftist socialist mind, the light turns on. That's a big maybe...with allot of doubt. Fundamental beliefs usually don't change overnight, if at all.