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Senate Democrats unveil job-creation package
Los Angeles Times ^ | February 4, 2010 | 9:16 a.m | James Oliphant

Posted on 02/04/2010 1:55:19 PM PST by Ernest_at_the_Beach

The first step will likely be a tax incentive to employers who hire new workers. Other details and the price tag remain vague.

Reporting from Washington -

Eager to show Americans that they are focused on reversing widespread unemployment, Senate Democrats on Thursday unveiled a package of legislation dedicated to spurring job growth.

"Our No. 1 emphasis is going to be on creating jobs," said Senate Majority Leader Harry Reid (D-Nev.).

But the political question hovering over the newfound push is whether it comes too late to quell growing voter dissatisfaction with how Democrats are handling the economy.

Ironically, the announcement of a job-creation package came on the same day that Scott Brown, the winner of a special election last month in Massachusetts, is set to be sworn in as a new Republican senator. Brown is to be sworn in at 5 p.m. EST.


That election was widely viewed by Democrats and Republicans as a referendum on the Obama administration and the Democrats' stewardship of Congress. Today, Sen. Charles E. Schumer (D-N.Y.) said his party was paying attention.

"We heard the message of Massachusetts," Schumer said. "They said, 'Focus immediately and don't take your focus off jobs.'"

In the short term, the victim of the Democratic pivot is likely to be the controversial healthcare overhaul, which has been shelved indefinitely as House and Senate leaders attempt to figure out a way forward.

(Excerpt) Read more at latimes.com ...


TOPICS: Business/Economy; Extended News; Government; Politics/Elections
KEYWORDS: jobsbill; senate; senatejobsbill

1 posted on 02/04/2010 1:55:19 PM PST by Ernest_at_the_Beach
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To: Ernest_at_the_Beach

The message of Massachusetts is “spin the kaleidoscope once more”???


2 posted on 02/04/2010 1:56:29 PM PST by HiTech RedNeck (I am in America but not of America (per bible: am in the world but not of it))
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To: Ernest_at_the_Beach

“Other details and the price tag remain vague.”

Lather. Rinse. Repeat.

Socialist Morons!!


3 posted on 02/04/2010 1:58:07 PM PST by Diana in Wisconsin (Save the Earth. It's the only planet with chocolate.)
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To: Ernest_at_the_Beach

IF THEY REALLY WANTED TO “FOCUS”, THEY’D LEAVE UD THE HELL ALONE!! Art Laffer said that “if the federal government gave everyone a 1 year, 9 month hiatus from taxes we’d be in the black with a buzzing economy”!


4 posted on 02/04/2010 1:58:07 PM PST by albie
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To: HiTech RedNeck

After a trillion in stimulus, they finally provide tax incentives!


5 posted on 02/04/2010 1:58:54 PM PST by usnavycdr
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To: Ernest_at_the_Beach

.
Less government = more jobs


6 posted on 02/04/2010 1:59:04 PM PST by Touch Not the Cat
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To: Ernest_at_the_Beach
a tax incentive to employers

These used to be called "loopholes" and we went thru a great deal of effort to remove them from the tax code over the past 30 years.

7 posted on 02/04/2010 1:59:27 PM PST by Onelifetogive (Flame away...)
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To: HiTech RedNeck
Buried in this:

Brown's election victory certified

*****************************EXCERPT********************************

Brown will be taking over Kennedy's coveted office space in the Senate Russell building. Sen. Paul Kirk, who has held the seat since his appointment after Kennedy's death, currently occupies the office and will move out.

8 posted on 02/04/2010 2:00:05 PM PST by Ernest_at_the_Beach ( Support Geert Wilders)
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To: Ernest_at_the_Beach

Who’s going to hire an employee he doesn’t need and will have to pay salary and benefits for, in return for a measly one-time tax deduction?


9 posted on 02/04/2010 2:00:40 PM PST by Mr Ramsbotham ("Did I give you carbolic acid? I'd love to.")
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To: Ernest_at_the_Beach
Brown will be taking over Kennedy's coveted office space in the Senate Russell building.

He'd better scope the joint for bugs and hidden cameras.

10 posted on 02/04/2010 2:01:35 PM PST by Mr Ramsbotham ("Did I give you carbolic acid? I'd love to.")
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To: Ernest_at_the_Beach

Kool-Aid and crap sandwiches to be served.


11 posted on 02/04/2010 2:02:59 PM PST by bigbob
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To: Mr Ramsbotham

I haven’t found a single AP story on the scandalous debt ceiling increase approved today in the House. The one story on Politico didn’t even bother to state that every GOP member of the House voted no. No bias there, of course.


12 posted on 02/04/2010 2:03:16 PM PST by mwl8787
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To: Ernest_at_the_Beach

as on owner of small business we have cut back to contract labor and will cut them when the time comes. We work over seas now as a back up.


13 posted on 02/04/2010 2:03:31 PM PST by gibtx2 (keep up the good work I am out of work but post 20 a month to this out of WF Check)
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To: Ernest_at_the_Beach; All

As Rush points out, this package is BS.

It is supposed to give a $5000 tax break for each new employee hired.

A company is not going to hire a $70K employee for a $5K tax break if there is no work for that employee to do.

It is the bloody STUPIDEST thing, and they hope the American people will fall for the idiocy.

This is their idea of stimulating the economy. These people are deranged.


14 posted on 02/04/2010 2:03:35 PM PST by rlmorel (We are traveling "The Road to Serfdom".)
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To: Ernest_at_the_Beach

They just don’t get it. The economy is down and jobs with it but not because businesses can’t borrow money (they can but don’t want to), and not because the government isn’t offering one time incentives to hire someone.

The economy is down because the Rats have repeatedly shown that they hate people who make money and they want to punish success and take over as much of private industry as possible.


15 posted on 02/04/2010 2:04:26 PM PST by Blood of Tyrants (Truth - Reality through the eyes of God.)
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To: Blood of Tyrants

Exactly. Exactly. Exactly.

Especially your last sentence. I have been thinking about this lately in the context of illustrating the difference between liberalism and conservatism.

Liberals view the prime function of business as providing jobs to people, as a cash cow to milk for tax dollars. There is no recognition that someone may put their life savings into a business of their own and work 80 hour weeks running it. Their profits are vilified and they are denigrated as greedy and selfish. Business owners should work for nothing for the sole benefit of the worker.

Conservatives view the prime function of business as a way to make money and reward those who are willing to work hard and risk their own capital. The fact that it provides jobs to others is icing on the cake.


16 posted on 02/04/2010 2:14:29 PM PST by rlmorel (We are traveling "The Road to Serfdom".)
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To: rlmorel

A company is not going to hire a $70K employee for a $5K tax break if there is no work for that employee to do.

It is the bloody STUPIDEST thing, and they hope the American people will fall for the idiocy.

It works in obammyland where if you wish for it - it comes true. DOW hangs by a thread at 10K and Nancy and Harry have a jobs bill. Shoosh - talk about perfect timing. Reminds me of Nancy’s response to $145 bbl oil; outlaw a three-way lightbulb.


17 posted on 02/04/2010 2:16:04 PM PST by equalitybeforethelaw
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To: rlmorel

i thought it was 500 dollars for each new hire.


18 posted on 02/04/2010 2:16:33 PM PST by Sacajaweau (What)
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To: rlmorel

>> As Rush points out, this package is BS.

They Democrats are trying to run small business - period!

Raise taxes, then give conditions to offset the increased tax liability.


19 posted on 02/04/2010 2:25:19 PM PST by Gene Eric (Your Hope has been redistributed. Here's your Change.)
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To: Ernest_at_the_Beach

Will the tax incentive be more than the new and higher taxes they’ll have to pay?


20 posted on 02/04/2010 2:27:18 PM PST by GeronL (http://tyrannysentinel.blogspot.com)
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To: Ernest_at_the_Beach

Some of you will recall that on July 8, 1947, a little over 60 years ago, witnesses claim that an unidentified flying object (UFO) with five aliens aboard crashed onto a sheep and mule ranch just outside Roswell , New Mexico . This is a well known incident that many say has long been covered up by the U.S. Air Force and other federal agencies and organizations.

However, what you may NOT know is that in the month of April 1948, nine months after that historic day, the following people were born:

Harry Reid
Hillary Rodham
John F. Kerry
William J. Clinton
Howard Dean
Nancy Pelosi
Dianne Feinstein
Charles E. Schumer
Barbara Boxer

See what happens when aliens breed with sheep and jackasses?

I certainly hope this bit of information clears up a lot of things for you. It did for me.


21 posted on 02/04/2010 2:31:09 PM PST by maddog55 (OBAMA, Why stupid people shouldn't vote.)
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To: Ernest_at_the_Beach
Hey mental idiots! GOVERNMENT DOES NOT CREATE JOBS! the private sector does and if you offer a 5000 dollar incentive to hire a new employee at 40,000 a year, yeah that makes sense. Especially if you have no work for that person because no one is spending any money. IDIOTS!!!
22 posted on 02/04/2010 2:34:32 PM PST by ronnie raygun (Cockblock the sock puppet in 2010)
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To: Ernest_at_the_Beach

So with this the Democrats are either admitting their stimulus failed or that they’ve screwed around for over a year before doing something about jobs.


23 posted on 02/04/2010 2:36:05 PM PST by VeniVidiVici (Marsha Coakley's been teabagged. Populists Hugo Chavez and Hussein Obama are next.)
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To: Ernest_at_the_Beach

A six month payroll tax holiday would send the economy and jobs soaring.


24 posted on 02/04/2010 2:39:23 PM PST by Temujinshordes
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To: Ernest_at_the_Beach

The best job creation bill that could be passed and passed quickly is for Congress to pass a bill stating that they would not pass any legislation that would directly or indirectly affect small businesses for the next 5 year.

They would spend the next 5 years getting rid of laws that
are outdated and unnecessary as well as working on deficit reduction.

That would include cap and trade, health insurance, tax increases, energy taxes, Osha laws minimum wage increases and laws pertaining to unions.

That is all that is needed. You would see an instant turn around.


25 posted on 02/04/2010 2:43:46 PM PST by ODDITHER (HAT)
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To: Ernest_at_the_Beach

They could all resign. That would stimulate the economy, although sales of rifles and ammunition would probably decline. :)


26 posted on 02/04/2010 2:57:23 PM PST by sig226 (Bring back Jimmy Carter!)
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To: Diana in Wisconsin
Allowing businesses to keep more of the income they generate in exchange for creating jobs is somehow translated to being a "price tag". Oliphant just can't get past the fact that the government doesn't own the businesses that generate the profits they are siphoning off as taxes.
27 posted on 02/04/2010 3:12:28 PM PST by eggman (Grab a mop Mr. Gibbs! Your boss is making another mess.)
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To: mwl8787
Got a thread on it:

House agrees to $1.9 trillion more debt (up to 14.3 Trillion ceiling)

28 posted on 02/04/2010 3:14:34 PM PST by Ernest_at_the_Beach ( Support Geert Wilders)
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To: maddog55

LOL....


29 posted on 02/04/2010 3:23:16 PM PST by Ernest_at_the_Beach ( Support Geert Wilders)
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To: Ernest_at_the_Beach

Schmuckie didn’t hear the message.

CUT THE FREAKING TAXES, BUTTHOLE OF THE AMERICAN GOMORRAH!


30 posted on 02/04/2010 3:36:29 PM PST by MortMan (Stubbing one's toes is a valid (if painful) way of locating furniture in the dark.)
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To: eggman

You betcha!

Our company is running lean and mean these days. The owners are uber-Conservative (pulled their ads on PBS; God Bless Them!) and when push comes to shove, I can count on them to shove back and shove hard. :)

Husband and I both have our own businesses; his is his main income; mine is a sideline. Husband will be working until 9pm or later tonight for clients; he refuses to hire on anyone other than our son (very part time) in this economic climate, and I’ll work 24/7 myself before I let the Government confiscate one more DIME from me. :)

This is ALL smoke and mirrors. The Stock Market doesn’t even believe it! All of his ‘job producing plans’ announced today and the market falls to 10K? Worst since NOVEMBER? It’s gonna open low and stay there tomorrow.

Socialist Jerk!


31 posted on 02/04/2010 4:14:42 PM PST by Diana in Wisconsin (Save the Earth. It's the only planet with chocolate.)
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To: Sacajaweau

LOL...I wouldn’t doubt it if they tried that as well.

Sigh. I just LOL’ed at our economic destruction.

It is hard to believe. How did these people get in charge, who know NOTHING about free markets and capitalism except that they should be abolished?

How?


32 posted on 02/04/2010 4:38:16 PM PST by rlmorel (We are traveling "The Road to Serfdom".)
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To: Diana in Wisconsin

They are going to blame it on Europe.


33 posted on 02/04/2010 5:06:53 PM PST by Ernest_at_the_Beach ( Support Geert Wilders)
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