I'm appalled, but not surprised in the least. New Obama plans: 'spend our way out' of downturn - Yahoo! News
Over spending is what got us in this mess, now we are going to keep adding fuel to the fire.
I heard a figure that for each so called new job created the cost was $21 million dollars each. Now Obama wants to give employers a tax credit for hiring. The problem isn't the cost of labor it's the fact that there is no demand for goods, everyone is gun shy and hedging their bets. The best thing the administration can do it establish sound policy to gives the markets and employers a clear picture on the coming economic climate.
Here's another tid-bit to chew on, while the government "created" 600,000 jobs, 4,000,000 people were hired. Hummmm, there is a ton of job churn right now. In my office I have two attorneys who found new, better positions and are moving on, both in private sector, leaving government jobs. More power to them.
So if 2/3rds of the stimulus has not been spent and the banks have paid back a larger percentage of TARP, do we need more money spent on "governement programs"?
Back to work.
Over spending is what got us in this mess, now we are going to keep adding fuel to the fire.
I heard a figure that for each so called new job created the cost was $21 million dollars each. Now Obama wants to give employers a tax credit for hiring. The problem isn't the cost of labor it's the fact that there is no demand for goods, everyone is gun shy and hedging their bets. The best thing the administration can do it establish sound policy to gives the markets and employers a clear picture on the coming economic climate.
Here's another tid-bit to chew on, while the government "created" 600,000 jobs, 4,000,000 people were hired. Hummmm, there is a ton of job churn right now. In my office I have two attorneys who found new, better positions and are moving on, both in private sector, leaving government jobs. More power to them.
So if 2/3rds of the stimulus has not been spent and the banks have paid back a larger percentage of TARP, do we need more money spent on "governement programs"?
Back to work.