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Some politicians claim that politicians create jobs. Senate Majority Leader Harry Reid says, "My job is to create jobs." What hubris! Government has no money of its own. All it does is take from some people and give to others. That may create some jobs, but only by leaving less money in the private sector for job creation. Actually, it's worse than that. Since government commandeers scarce resources by force and doesn't have to peddle its so-called services on the market to consenting buyers, there's no feedback mechanism to indicate if those services are worth more to people than what...

Washington, D.C.—Nevada Senator Harry Reid issued today the following statement after the Senate approved the VOW to Hire Heroes Act by vote of 94-1. This bill encourages businesses to hire unemployed veterans and creates training programs to help them transition into the civilian workforce. The bill is part of President Obama’s jobs agenda.“This Veterans Day Congress pays tribute to those who have put their lives on the line to defend our country with deeds as well as words. I am glad Senate Republicans joined us to pass legislation that will help spur hiring among the nearly 900,000 out-of-work veterans in...

Many Wall Street occupiers are echoing the Communist Party USA's call to "Save the nation! Tax corporations! Tax the rich!" There are other Americans, on both the left and the right -- for example, President Barack Obama and House Speaker John Boehner -- who call for reductions in corporate taxes. But the University of California, Berkeley's pretend economist Robert Reich disagrees, saying, "The economy needs two whopping corporate tax cuts right now as much as someone with a serious heart condition needs Botox." Let's look at corporate taxes and ask, "Who pays them?" Virginia has a car tax. Does the...

Speaker Boehner: House Has Now Passed More Than 20 Bipartisan Jobs Bills WASHINGTON, DC (Nov 3) House Speaker John Boehner (R-OH) applauded the House for passing two more bipartisan jobs bills tonight: the Access to Capital for Job Creators Act (H.R. 2940), introduced by Majority Whip Kevin McCarthy (R-CA), and the Entrepreneur Access to Capital Act (H.R. 2930), introduced by Rep. Patrick McHenry (R-NC). Boehner released the following statement: “The House has now passed more than 20 bipartisan jobs bills so far this year. The bills approved tonight will make it easier for small businesses and start-ups to access the...

President Obama Mocks Congress, Speaks for God -- VIDEOBy Theresa Poulson | National Journal – 8 hrs ago **SNIP** "In the House of Representatives, what have you been debating, John?" Obama said, referring to House Speaker John Boehner (R) by his first name. "You've been debating a commemorative coin for baseball. You've had legislation reaffirming that 'In God We Trust' is our motto? That's not putting people back to work." The president goes on to suggest that God is on his side in this battle. Watch:

The president has no patience for the House of Representatives these days. Never mind that Republicans in the House have passed 15 different jobs bills or that the Republican Study Committee today unveiled a new job creation program. Did you hear they took time to pass a non-binding resolution to remind Americans of the nation’s official motto? (That would be “In God We Trust,” by the way.)Don’t mistake Barack Obama: He trusts in God. He just doesn’t want the House to take a single minute to address any topic other than his jobs proposal. Why? Because that’s what he God...

In Flint, Michigan, Vice President Joe Biden suggested that more rapes and murders could occur if President Barack Obama's jobs bill is not passed. "In 2008, when Flint had 265 sworn officers on their police force, there were 35 murders and 91 rapes in this city," Biden said. "In 2010, when Flint had only 144 police officers, the murder rate climbed to 65 and rapes--just to pick two categories--climbed to 229. In 2011, you now only have 125 shields. God only knows what the numbers will be this year for Flint if we don't rectify it." The vice president also...

* On his jobs bill, which the Senate is set to vote on this evening, the president sent a warning message to Congress: “If they don’t pass the whole package, we’re going to break it up into constituent parts,” Obama said, insisting that action must be taken now.

The projection of 1.9 million new jobs, a 1 percentage point drop in the unemployment rate and a 2 percentage point increase in the gross domestic product under Obama's plan came from Mark Zandi, chief economist of Moody's Analytics. "I assumed that it would be paid for," Zandi said. "I didn't know when I did that simulation how the president proposed to pay for it." Zandi said his job-creation figure only applies to 2012. "Beginning in 2013, and certainly into 2014, the plan is a drag on the economy because the stimulus starts fading away," he said. "So by 2015,...

You know all those rusting bridges that President Obama wants to spend billions more dollars repairing to allegedly stimulate the economy? He's headed out to one today which he's described as a "bridge that needs repair between Ohio and Kentucky that's on one of the busiest trucking routes in North America." It is on a busy trucking route, spanning the Ohio River between Covington, Ky., and Cincinnati. It's the Brent Spence Bridge. It doesn't really need repairs. It's got decades of good life left in its steel spans. It's just overloaded. The bridge was built to handle 85,000 cars and...

Does anyone seriously believe that the reason we have high unemployment in America is because we have a substandard infrastructure? Apparently the politicians in Washington believe that is so because they are trying to make a case for massive infrastructure spending in order to “create jobs” and to “prepare our economy for the 21st Century.” I was watching that fountain of conventional wisdom, Fareed Zakaria tonight and he seems to buy into this proposition. He interviewed Senator Kay Baily Hutchison about her proposal for an infrastructure bank: The Kerry-Hutchison Bipartisan Infrastructure Bank also known as the BUILD Act. It won’t...

Pres. Barack Obama promised to have a plan to pay for his massive new stimulus bill by Monday. He broke that promise, as he has broken so many others, and remains in the “plan to have a plan” stage of his inscrutable meditations, having only made yet another unsubstantial speech, full of high sentiment and short on details. The president says he wants to ensure that the very wealthy do not pay lower effective tax rates than do the middle-class, and argues that families and businesses earning more than $250,000 in any given year should pay an additional $1,500,000,000,000.00 or...

He’s got a deficit-reduction package that can’t clear the House, thanks to massive new tax hikes that everyone knows are a deal-killer. He has a jobs package that can’t clear the Senate. What’s a President to do? Threaten a veto: President Obama warned he will veto any deficit plan brought to him by Congress that wasn’t ‘balanced’ between taxes and spending cuts.‘We are not going to have a one-sided deal that hurts the folks who are most vulnerable,’ Obama said Monday morning, speaking from the Rose Garden.He rejected accusations that tax increases for the wealthy was ‘class warfare’.The president argued,...

Everybody remembers the urgency of President Obama's attitude toward the awful jobs situation. Back in early August, Obama said the jobs situation was so urgent that he was going to give another speech about it -- in a month or so, in September after his vacation on Martha's Vineyard. And then in September the president announced he would give his major jobs speech to a joint session of Congress on Sept. 7. But he neglected to check with congressional leaders first. And they suggested the 8th. So, since it was their House, the 8th it was. "Tonight," the president said...

WASHINGTON (AP) — Even as President Barack Obama prepares his opening bid on long-term deficit reduction, the White House wants to keep the focus on jobs and is determined to avoid getting sucked into another budget fight with lawmakers. Administration officials see the task of attending to deficits as necessary but not necessarily urgent, compared with the need to revive the economy and increase employment. The White House also sees this as the time to draw sharp contrasts with congressional Republicans, whose public approval ratings are lower than Obama's. As a result, when Obama announces at least $2 trillion in...

A top House Republican accused President Obama of appealing to Americans' "fear, envy and anxiety" by pushing a new tax rate on people making more than $1 million annually, saying the "class warfare path" will only hurt the economy. "Class warfare ... may make for really good politics, but it makes for rotten economics," Rep. Paul Ryan, R-Wis., chairman of the House Budget Committee, told "Fox News Sunday." The president is planning on proposing the new and higher rate as part of a broader long-term deficit-reduction plan he's unveiling Monday. It will likely include a mix of entitlement reform and...

WASHINGTON, Sept 17 (Reuters) - President Barack Obama said on Saturday that Americans need to be ready to "pay their fair share" to narrow the U.S. deficit, previewing his proposals to Congress that are expected to include more taxes on the rich. In his weekly radio and video address, the Democrat said his $447 billion jobs plan that features tax breaks for workers and small businesses, plus funds for public works projects and schools, "will not add to the deficit. It will be paid for." "On Monday, I'll lay out my plan for how we'll do that -- how we'll...

SEC. 376. FEDERAL AND STATE IMMUNITY. (a) Abrogation of State Immunity- A State shall not be immune under the 11th Amendment to the Constitution from a suit brought in a Federal court of competent jurisdiction for a violation of this Act. (b) Waiver of State Immunity- (1) IN GENERAL- (A) WAIVER- A State's receipt or use of Federal financial assistance for any program or activity of a State shall constitute a waiver of sovereign immunity, under the 11th Amendment to the Constitution or otherwise, to a suit brought by an employee or applicant for employment of that program or activity...

President Obama signed a bill to help Americans get patents for inventions Friday morning, but in his speech at a science and tech school in northern Virginia, he quickly pivoted to talking about his jobs bill that has rankled both Republicans and Democrats. After acknowledging a handful of members of Congress in his audience at Thomas Jefferson High School in Alexandria, Obama said he didn’t want to pass up the chance to make another pitch for his plan. “I’ve got another bill that I want to get passed to help the economy right away. It’s called the American Jobs Act,”...

Sen. Bob Casey (D-PA) appeared on KDKA in Pittsburgh and said that Obama's 'jobs plan' will not work as presented. Casey believes the president's plan needs to be broken apart and multiple votes will be needed to get anything done. “I’m afraid if we tried to pass one big bill, I think there’s a lot of skepticism about big pieces of legislation with all kinds of different component parts. We should break this up", said Casey.