The payroll tax cut is not a cut for employers. It reduces the employee's Social Security withholding. The employer's portion of that withholding has never been cut by this administration.
It is not, nor was it ever intended to be any sort of supply-side tax cut. It is pure Keynesian twaddle -- put a few bucks in the consumer's pocket each week and sit back and watch nothing happen.
Oh, I agree completely on that point. I was referring more to the supposed “incentive to hire” credits that some of his aides have been suggesting.
Two years without COLA...when will Seniors rise up??