Clueless jobs bill
What better illustrates how clueless and desperate Democrats are than the "jobs" bill that passed the House on a mostly party-line vote?
Do the bill's backers actually believe that a temporary hold on the payroll tax and a $1,000 tax credit will actually create jobs? Will a business owner actually want to spend, say, $50,000 or $60,000 to hire a new person just so he can get a $1,000 tax credit?
A business owner will only create a new job if he needs an extra worker. That sounds so obvious that I feel ridiculous pointing it out. But apparently some people don't understand it.
Where the $35 billion for the jobs bill will come from is anyone's guess, although the most likely answer is: "We just borrow it." Incredibly, some Democrats said this get-nothing-for-your-$35 billion is far too little.
The reason this bill passed? Credit the "do something" rule, in which simple minds, when faced with a difficult problem enunciate their solution: "Somebody do something!"
Witness this quote:
"If that's the only thing that I can vote on ... I'll vote for it, obviously," said Rep. Bill Pascrell Jr., New Jersey Democrat. "We've got to get something moving. We've got to get something done."
Damn, someone do something!