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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (78918)	9/2/2011 4:02:19 AM
From: TobagoJack	Respond to of 218052

funnies forbes.com The president persists in pushing programs that cost billions of dollars and do not create sustainable jobs, and he refuses to embrace policies that will. Take, for example, the hints that Obama wants to expand his job-subsidization efforts to the private sector by giving employers a tax break to make it less expensive to hire workers. This from the man who has made the cost of hiring new workers so expensive, and the cost of regulatory compliance so unpredictable, that many employers refuse to hire. Obama supported an increase in the minimum wage as a senator;He has imposed countless new costs on business by pushing through his trillion-dollar-plus health care legislation and his financial reforms, including 4,870 Federal Register pages of proposed regulations on banks; andThere are 219 new regulations for 2011 that impose economic costs of more than $100 million each, and seven are being considered that would exceed $1 billion each.All of the above significantly raise the cost of doing business and hiring new employees. So now the president wants to provide businesses with a subsidy to make it less expensive to hire a new employee. Every business owner knows the subsidies are temporary, while the new costs and regulations are permanent—at least as long as Obama is in office. So while the president’s proposals might produce a little hiring at the margins, it will be nowhere near what we need to jumpstart the economy.