By:
By Martin Schram
08/18/11 9:54 PM
It’s high time — way past time, in fact — for Washington to try a surefire economic stimulus solution to create jobs in this debt-crippled economy. It’s a plan that can win plaudits from all manner of pols and ideologues, from the extreme left to the ultra right.
Give tax credits to all companies that hire new workers.
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By:
Tad DeHaven
08/18/11 9:41 PM
Washington continues to entrust stale bureaucracies with the job of righting the economic ship, instead of getting the federal government out of the way. One of those bureaucracies is the Small Business Administration, which has been employed by Congress and President Barack Obama to reignite private-sector lending.
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Seattle won a $20 million federal grant in 2010 for weatherization of local homes. The grant was won primarily because Mayor Mike McGinn promised to create 2,000 new jobs in Seattle by fixing 2,000 houses. One year later, only three homes have been weatherized and only 14 jobs have been created. Maybe the feds should save our tax money for a rainy day.
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Seventy-seven percent of Americans polled by Gallup in the first week of August believe the United States economy is getting worse.According to Gallup, Americans have not been this pessimistic about the economy since the depths of the recession. Majorities of Americans also routinely tell pollsters that the “economy” or “unemployment and jobs” are the most important issues facing the country today.
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New businesses are starting smaller, surviving less often, and creating fewer jobs when they do, according to a new study by The Kauffman Foundation.
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Can you guess who said this?
"Normally, you don’t raise taxes in a recession, which is why we haven’t and why we’ve instead cut taxes. So I guess what I’d say to Scott is – his economics are right. You don’t raise taxes in a recession. We haven’t raised taxes in a recession.”
Or this?
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URL: http://www.sfexaminer.com/taxonomy/term/2651?page=3