Tuesday, January 12, 2010

Obama Abandons "Saved or Created" Jobs Claims

Every dollar Congress injects into the economy must first be taxed or borrowed out of the economy. No new spending power is created. It is merely redistributed from one group of people to another. Businesses are telling pollsters that among the biggest reasons they are not creating jobs is the prospect of new tax and regulatory burdens. A better solution to reduce unemployment is to simplify and reduce the barriers to business success. Morning Bell: $787 Billion in Stimulus, Zero Jobs “Created or Saved”

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