Thursday, January 8, 2009

Holy crap!

Didn't see this coming:
Even as President-elect Barack Obama was giving a major address on his economic stimulus plan, it was running into trouble with key members of his own party on Capitol Hill.
Several Senate Democrats emerged from a closed-door meeting of the Senate Finance Committee saying they oppose central tax provisions of the proposal.
In particular, members said they did not think the idea of giving employers a $3,000 tax credit for each employee they hire would work.
The story goes on to quote John Kerry, Kent Conrad and Ron Wyden as opposing the Obama plan. When I said, "It won't work," little did I suspect that those guys were paying attention.

1 comment:

  1. the idea of giving employers a $3,000 tax credit for each employee they hire would work.

    Of course it will work. Employers will start abusively firing and re-hiring workers to score the tax credit, irritating the workforce, and driving up union membership.
    This idea is a vast improvement over the Free Employee Choice Act/Legislation (FECAL).
    If Young4Eyes can't see the beauty in this, bump him up to six, or even take him up to the full eight of a spider, for ultimate 'fairness'.

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