The NFIB notes,
Arguing that more government spending and taxes are needed to re-establish optimism, confidence and growth doesn’t meet the common sense test. Saving bankrupt companies to preserve union jobs doesn’t make sense either. The list of these “policy inconsistencies” is long.Oh dear, oh dear.
Bottom line, owners remain pessimistic and nothing is happening in Washington to provide encouragement. Confidence is lost.
(H/t to Mike Shedlock, whose expert commentary is here.)
If you think the $26 billion bailout bill that Obama signed today (financed by cuts to food stamps for the poor and raising corporate taxes) is really a "JOBS" bill? And that it will help our businesses and economy, I've got a bridge for you and I'll sell it cheap.
If nothing else, at least the Democrats' vote buys are transparent.
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