Obama Administration Summed Up in One Headline

14 Feb, 2010 by Lori Ziganto

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“PROMISES, PROMISES: Jobs Bill Won’t Add Many Jobs”

Image courtesy Liberty Maniacs/Zazzle

You know that whole “creating and saving:  jobs” thing? Let me be clear: Psyche!:  I was totally kidding! Jobs Shmobs.:  I’ve got speeches to give and face time to relentlessly score on television. And, anyway, math is hard!

PROMISES, PROMISES: Jobs Bill Won’t Add Many Jobs

WASHINGTON (AP) – It’s a bipartisan jobs bill that would hand President Barack Obama a badly needed political victory and placate Republicans with tax cuts at the same time. But it has a problem: It won’t create many jobs.

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.

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”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.”

Whoops! But we all knew that. And the Obama administration would have as well, if there was anyone in the administration that ever actually ran a business or, you know, lived and worked in the real world. No wonder Obama is always talking about how he “hears stories”.:  It is because he has zero real world experience of his own.

Hence, his total failure at everything thus far. Elections do have consequences; our country is finding out the hard way that electing someone based solely on a narrative, has dire ones.

(cross-posted at iowntheworld.com and Snark and Boobs)