If Jobs Are the Issue, Why the New Taxes, Regulations?

From The Washington Times today, “Health, climate bills seen to stifle hiring“:

While President Obama and congressional leaders say they would like to do more to spur job creation, economists and business executives warn that their plans to impose new health care and climate-change costs on corporations would have the opposite effect.

The initiatives, according to this analysis, are likely to overwhelm any positive impact on jobs from stimulus measures by giving businesses a reason to keep laying people off.

Seems painfully obvious. Or prospectively painful, obviously.

The NAM’s John Engler is quoted on taxes included in the health care legislation:

While President Obama and congres — sional leaders say they would like to do more to spur job creation, economists and business executives warn that their plans to impose new health care and climate-change costs on corporations would have the opposite effect.

The initiatives, according to this analysis, are likely to overwhelm any positive impact on jobs from stimulus measures by giving businesses a reason to keep laying people off.

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