Commie Globalist Unionist Liberal Progressive Stateist Ponzi Schemes Lies & Frauds ;

Was the Commie stimulus (A) a job creation bill
or, (B) a liberal spending wish list?

A new Government Accountability Office (GAO)
study suggests that option B is closer to the truth.

Small wonder it did not bring unemployment down.

Commie Obama publicly argued that America
needed the $862 billion bill to create jobs and
singled out Commie "green job" spending as the
key to an economic recovery.

The stimulus itself, however, looked a lot like not
letting "a good crisis go to waste" and pouring
public money at liberal special interests.

Remember all the Commie green jobs weatherizing
homes that Obama said the stimulus would fund?

Commie Obama would not waive regulations
that benefit Commie unions
http://blog.heritage.org/2010/02/25/what-exactly-was-the-stimulus/

The Congressional Budget Office (CBO) has
produced a new report estimating that the
$862 billion stimulus has thus far saved or created
1.5 million jobs.

Yet the CBO's calculations are not based on
actually observing the economy's recent
performance.

Rather, they used an economic model that was
programmed to assume that stimulus spending
automatically creates jobs-
thus guaranteeing their result
http://blog.heritage.org/2010/02/24/cbo-report-was-pre-ordained-to-show-the-stimulus-succeeded/

The creation of an independent super-agency
dedicated soley to consumer regulation has been a
centerpiece of President Obama's financial regulation
agenda.

But, while it was approved last summer by the
House, the idea has languished in the Senate, as
opponents have pointed out that a consumer
regulation agency independent of other banking
regulators would foster confusion
and bureaucratic infighting
http://blog.heritage.org/2010/02/24/consumer-financial-protection-thinking-outside-the-boxes/

Businesses are reluctant to hire more workers
because they feel a sense of uncertainty for what
bills may be enacted by Congress.

Critical bills such as healthcare reform and
cap and trade legislation are currently being
contemplated, which could significantly increase the
price of labor for businesses.

Until they are certain about whether or not they
must pay for healthcare of evey worker on payroll,
or whether the cost of energy could potentially rise
due to cap-and-trade legislation, businesses are not
going to be enticed by a temporary payroll tax hike
to hire workers whose wages will need to paid
indefinitely into the future.

The Davis-Bacon Act is yet another measure currently
on the books that hinders rather than encourages more
hiring.

Government construction spending has to cost more
than the market rates, and to pay for this extra cost,
the government takes money through taxes from
elsewhere in the economy.

But Congress cannot reduce unemployment through
public works projects, because for every job that it
creates in the public sector, at least one job is not
being created in the private sector and in the
best-case scenario the net job creation is zero
http://blog.heritage.org/2010/02/24/conflicting-legislation-to-decrease-unemployment-by-the-obama-administration/

Commie 'President Barack Obama ' held a
behind-closed-door dinner with 17 chief executive
officers from major U.S. corporations including
Jamie Dimon of JP Morgan Chase,
Verizon Communications' Ivan Seidenberg,
and General Electric's Jeffrey Immelt.

According to Bloomberg, the President made the
case to his select guests that his administration is
"fundamentally business-friendly."

This comes almost two weeks after the President
told BusinessWeek: "[T]he irony is, is that on the
left we are perceived as being in the pockets of
Big Business.

And then on the business side, we are perceived
as being anti-business."

What the President fails to understand is that there
is no irony here.

It is entirely consistent for big government policies
that favor select and politically connected big
corporations to hurt the economy as a whole.

In fact, almost all well-intentioned government
interventions in the market place do exactly that
http://blog.heritage.org/2010/02/24/morning-bell-president-obamas-pro-business-policies-are-killing-the-free-market/

The special inspector general for the TARP program,
Neil Barofsky, has made a reputation for himself by
issuing tough assessments of the troubled federal
program for troubled assets.

It's been a problem for Tim Geithner's
Treasury Department.

But The sorry history of TARP shows us we
need more snarling watchdogs, not fewer
http://blog.heritage.org/2010/02/23/treasury-to-tarp-inspector-general-drop-dead/

'Government' "stimulus" spending does not add
new purchasing power to the economy because
the government must first borrow that purchasing
power out of the economy
http://blog.heritage.org/2010/02/23/answering-delong-yglesias-and-collender/

Future Commie taxes and increased regulations :

Businesses are reluctant to hire when they could
be facing additional labor costs due to Commie
government policies.

This, at a particularly vulnerable time due to the
credit crunch and financial crisis, spells a death
sentence for many small businesses, and stunts the
growth of others.

The health care debate typifies what has become
all too clear to political observers-that Commie
liberals in Washington will jam through Congress
whatever high-tax-and-spend legislation they can.

Whether or not the American people want the new
rules and regulations to them is of no concern.

Most importantly, this leaves the small business
owner in the dark when preparing for the future
http://blog.heritage.org/2010/02/23/uncertainty-from-washington-hampering-job-creation/