A $3000 tax credit to hire new workers is a joke...it costs much more to hire a new employee than this. Business don’t decide how much they are going to save in taxes when hiring an employee. This is all smoke an mirrors in an election ploy. Few businesses if any are going to say “Hey I get a $3000 tax credit if I hire you....they hire if they need the worker—if they don’t need the worker they aren’t going to hire a new worker.
it’s not the worst possible idea but it shows he really doesn’t have a clue how things work.
republicans are really doomed once the democrats realize that supply side works and that they could use the increased revenue from tax cuts and growth to pay for more social programs. They won’t, of course, and they will lose the next election.
What you describe is basic business pracice and micro eco 101. Unfortunately Obama and the Dems don’t know anything about either. Just like they do not comprehend supply and demand. They are trying to use the 3K like a store uses a loss leader to bring in customers. But no business man, as you say, is going to hire someone to get a tax credit if that worker is unneeded. My local mechanic has two lifts and three full time mechanics. He’s not going to hire a fourth when he can’t use him to save 3K on taxes. The Dems are scary not just for their socialistic thuggery but for their ignorance of how the world of work actually works.