$4000 tax credit to employers who hire someone unemployed for 6 months+. Clearly it would be paid for by 1) eliminating the unemployment payment, and 2) getting this working back to work, contributing income tax.
It's not paid for by anything, other than an employer who absorbs the other costs of "hiring" someone to get a "tax credit."
Do you have any idea how many times this has been proposed, and how many jobs it's created?
At least 5 times, and 0 jobs. It's yet another re-tread of an idea Obummer has already tried selling. It's a non-starter. NO employer in their right mind incurs tens of thousands of dollars of hiring costs to get a four thousand dollar credit. That's a losing proposition that only a socialist/marxist/economic idiot like Obama can embrace.