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Jobs Bill


Magox

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As everyone pretty much knows, the W.H and congress are talking about crafting a new Stimulus Bill, oops, I meant Jobs Bill. So they invited some big businesses and Labor Unions, but no Chamber of Commerce or other representation for small businesses.

 

Here is the AFL-CIO unions plan:

 

At the summit, Trumka will present the AFL-CIO’s five-point plan to create jobs:

 

1. Extending unemployment insurance, health assistance and food aid to struggling workers, to inject cash into the economy and help struggling families maintain their homes and communities.

 

2. Investing in jobs in transportation, school construction, energy efficiency and green technology, to put people to work and build our country for the long term.

 

3. Aid to state and local governments, to protect vital services like schools and public safety and prevent layoffs that can undermine recovery.

 

4. Directly funding public-sector jobs, targeted at meeting the needs of struggling communities. These must be full-time, good jobs that add to, not replace, existing public jobs.

 

5. Re-directing funds from the Troubled Asset Relief Program (TARP) away from big banks and toward direct loans from community banks to small and medium-sized businesses in need of credit.

 

Next week the president is suppose to unveil some ideas in how to create jobs. It should be very interesting to see how much influence the Labor Unions have in crafting their vision of how to achieve this.

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As everyone pretty much knows, the W.H and congress are talking about crafting a new Stimulus Bill, oops, I meant Jobs Bill. So they invited some big businesses and Labor Unions, but no Chamber of Commerce or other representation for small businesses.

 

Here is the AFL-CIO unions plan:

 

At the summit, Trumka will present the AFL-CIO’s five-point plan to create jobs:

 

1. Extending unemployment insurance, health assistance and food aid to struggling workers, to inject cash into the economy and help struggling families maintain their homes and communities.

 

2. Investing in jobs in transportation, school construction, energy efficiency and green technology, to put people to work and build our country for the long term.

 

3. Aid to state and local governments, to protect vital services like schools and public safety and prevent layoffs that can undermine recovery.

 

4. Directly funding public-sector jobs, targeted at meeting the needs of struggling communities. These must be full-time, good jobs that add to, not replace, existing public jobs.

 

5. Re-directing funds from the Troubled Asset Relief Program (TARP) away from big banks and toward direct loans from community banks to small and medium-sized businesses in need of credit.

 

Next week the president is suppose to unveil some ideas in how to create jobs. It should be very interesting to see how much influence the Labor Unions have in crafting their vision of how to achieve this.

 

He feels we need to extend unemployment? Maybe he doesn't know that currently the unemployed can get benefits for 99 weeks! Nearly 2 years. This past week we got a love letter from the state of Illinois telling us that our unemployment insurance rate is inceasing by 600% for the next 3 years. No joke! We have 12 employees and have had one unemployment claim in our 6 year history. At the end of 3 years if we don't have more claims, we will have paid into the system more than double the maximum maximum that this individual can draw and benefits past 26 weeks is a federal mandate that supposedly is funded by federal dollars. Another scam. It's nothing more than a $20k per year tax increase thinly disguised.

 

Points 2-5 above simply sound like Stimulus I.

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The current government doesn't have a clue as to how to go about creating jobs - other than government jobs. They think large employers spring forth full grown out of thin air. Lessons from life 101 - small entrepreneurial companies are the seed stock from which giant companies grow. Every large corporation can trace itself back to a single person or small group of investors that took the risk to strike out on their own. The current power lords have it exactly ass-backwards. But then again, they're not interested in creating jobs through small businesses. They're busy trying to buy the votes of people who don't pay taxes, belong to unions and buying "healthcare" (whatever the hell THAT means) for all.

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