Tuesday, March 9, 2010

No Stimulus Here

Sticking it to small business again. Jobs, who needs jobs?

Dems kill thousands of Colo. Internet businesses

Health care legislation may include new provision for part-time workers

But what are we really talking about--does the bill exist? Heritage.

And what numbers are we talking about? (Obama Inflates Estimated Health Care Savings by $868B)

Stimulus or Sedative? - Thomas Sowell, Investor's Business Daily

Exploring The Obama Jobs Deficit, IBD:

A huge share of the unemployed has been out of work for more than a year. Minorities have been hit hardest, with the jobless rate for young black men climbing to a record high.

What's the deal? No entrepreneurial incentives — namely, across-the-board cuts in marginal tax rates, which fueled hiring in last decade's recovery as well as the one in the 1980s. Worse, President Obama plans to raise taxes on the entrepreneurial class.

Studies show cuts in individual tax rates encourage new business startups, the catalyst for job creation. And there's nothing now to incentivize existing small businesses to create jobs.

More. HotAir on the switch in the bill to penalize businesses for part-time workers.

No stimulus here.

P.S. U.S. Chamber of Commerce rolling up its sleeves. Challenging Obama's OFA. Heh:) And this tidbit:
The chamber's expanding influence is worrisome to top officials in the White House -- including Chief of Staff Rahm Emanuel, who has expressed concern about the chamber in the past, and senior advisor Valerie Jarrett, who tried to build direct contacts with company executives last fall when the chamber was fighting the administration's legislation to regulate carbon emissions.
Will Rahmbo hide under his desk or hit the House showers?

More. Ruby Slippers with Rasmussen today--majority of voters believe ObamaCare will hurt the economy.

--crossposted at BackyardConservative

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