Friday, October 21, 2011

Obama's Jobs Plan - Why the Rush Now?

I have a few questions for president Obama about his "jobs" plan.

1. What do payroll tax cuts have to do with jobs?  Is there any correlation between this "feel good" tax cut and job creation?  I am a small business and I fail to see the significance.  I also wonder why are you wanting to cut the only way to pay for Social Security and Medicare when those two programs are in serious trouble and are destined to collapse?  

My only conclusion to this is it is a program just so you can say you gave middle class tax cuts - even though by any logical assessment they are a bad idea.  Maybe it will buy you a few votes from the not so clever crowd.

2.  How is giving a $4000 tax break to a business for hiring a new employee going to increase jobs?  Do you think the new employee will cost only $4000?  Maybe you think it will only cost $10,000.  I don't think so.  This is another "feel good" tax break that will not create any more jobs.  It only gives a break to those businesses that were going to hire anyways.  

My conclusion to this is that you do not have anyone with any business sense giving you economic advice. Then again, maybe your buddy from GE that doesn't pay any taxes said it was a good idea.  Not that he would know since GE has done nothing to increase its hiring the last couple of years and has sent hundreds of jobs over seas.

3. Why is there urgency now?  Remember how we all had to wait until you were back from vacation before you would reveal your jobs plan?  I was expecting something new and clever, but no - it was the same old tired failed policies.

My only conclusion to this is that you are so arrogant that you and only you decide when something is urgent.  After all, your vacation was more urgent than "creating all of these jobs" with your jobs bill.  

4. Why should I bail out another failed state's plan? Again.  Really?  Your big plan is to send more borrowed money to the states that cannot manage their budgets so "teachers and firefighters and police" won't lose their jobs?  Does your bill even require the states to use the money that way?  What about the bailed out jobs from your last bailout?  Are those people even still working?

My conclusion to this is that again you are trying to buy votes with taxpayer money.  This is a very old and tired political tactic.  That, and you are still trying to curry favor with the unions.

5. Lastly - If jobs are so important, why not give an executive order making the NLRB lay off of Boeing so they can have their new billion dollar plant in South Carolina hire the thousands of workers they need to make more airplanes?  Why is some political viewpoint or union loyalty more important than jobs?  

My only conclusion to this is that you really do not care about jobs.  Until you take action concerning this, you can never convince me that Americans having jobs is an important issue to you at all.

You cannot convince me that you are for the working man and middle class by "giving tax cuts" for no reason other than to buy favor.    As a self employed businessman I find your whole "jobs plan" proposals offensive.

For the rest of you - Stay Safe!

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