My Own Political Party

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August 31, 2010

Small Business Jobs and Credit Act of 2010

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The Small Business Jobs and Credit Act of 2010, also know as the jobs bill was designed to as state aid to save thousands of teacher and government worker jobs. But does the bill actually create jobs? Not really. Instead, it looks like unemployment will remain at about 9.5%

This bill brings the total direct federal spending on the economy to nearly $1.2 trillion since 2007. And, it may not be over yet. Even though the first stimulus package netted zero jobs but put the United States into further debt, Congress may try it again. That is, if they can keep their jobs come November!

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