What does the President’s jobs plan mean for you?

This video from ere.net does a good job of explaining some of the good and bad in Obama’s jobs plan.  Here are a few highlights:

1. The plan includes investments in schools, payroll tax relief, a tax credit for hiring veterans, and reducing corporate tax deductions, and an unemployment benefits extension.

2. The plan contains too much paperwork and stipulations for business owners.

3. The tax reductions, though conceptually good, will drive up the deficit and aren’t enough to change behavior.

4. The plan doesn’t create an environment for small- to mid-sized business owners, who create the majority of jobs, to hire.

5. The plan doesn’t address reducing bureaucracy.

6. The real game changer will likely be a youth who develops some type of radically innovative technology to increase our productivity and create demand, perhaps in green energy.

What did you think of the President’s jobs plan?

About TRC Staffing Services, Inc.

No comments yet... Be the first to leave a reply!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: