Thursday, February 11, 2010

Does the Thought Really Count on Jobs?

One of the mantras of modern-day liberalism is that caring and good intentions can make up for actual failure. Put simply, even if what we are doing isn't working, criticism should be avoided because hey, we meant well!

This is a topic I've written of before.

Today the AP, hardly a bastion of right-wing reporting, reports that the "bi-partisan" jobs bill is unlikely to create any jobs.

Quoting from the article:

Even the Obama administration acknowledges the legislation's centerpiece — a tax cut for businesses that hire unemployed workers— would work only on the margins.

As for the bill's effectiveness, tax experts and business leaders said companies are unlikely to hire workers just to receive a tax break. Before businesses start hiring, they need increased demand for their products, more work for their employees and more revenue to pay those workers.

"We're skeptical that it's going to be a big job creator," said Bill Rys, tax counsel for the National Federation of Independent Business. "There's certainly nothing wrong with giving a tax break to a business that's hired a new worker, especially in these tough times. But in terms of being an incentive to hire a lot of workers, we're skeptical."

Now does any one believe that the good intentions can compensate for billions of dollars in failure? I know the administration is on the ropes right now with jobs, and they want to show they are doing something.

But can we stop pretending that this bill is anything other than glorified PR?

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