Circumnetting the Economy and Congress’ Return

The Hill, “Import ban bill has manufacturers worried,” on H.R. 4678, the Foreign Manufacturers Legal Accountability Act: “U.S. manufacturers and Embassy Row are up in arms over a House bill that would ban imports from manufacturers that don’t have a U.S. agent.”

American Spectator, “A Real Small Business Assist“: [If]  if Obama really wanted to help small business, he would instruct Senate Majority Leader Harry Reid to stop using ‘legislative maneuvers’ to block ‘up or down’ votes on amendments that, unlike the underlying bill, would actually ease the burden of the majority of small businesses. Dozens of amendments have been proposed to the “Small Business Jobs And Credit Act” that would help small entrepreneurs by providing regulatory and tax relief.”

Washington Times, “‘Green’ jobs no longer golden in stimulus: Environmental projects fail to live up to hype“: “Noticeably absent from President Obama‘s latest economic-stimulus package are any further attempts to create jobs through “green” energy projects, reflecting a year in which the administration’s original, loudly trumpeted efforts proved largely unfruitful….The long delays typical with environmentally friendly projects – combined with reports of green stimulus funds being used to create jobs in China and other countries, rather than in the U.S. – appear to have killed the administration’s appetite for pushing green projects as an economic cure.”

Pittsburgh Post-Gazette, “Economy to occupy Congress“: “On the House side, Democrats will continue to push their ‘Make it in America’ agenda — designed as a boost to U.S. manufacturing and an attempt to restore confidence in the economy. “We need to create an environment from a tax standpoint, a regulatory standpoint and a confidence standpoint that we can make it in America,” said Majority Leader Steny Hoyer, D-Md., in a conference call last week, touting private sector and manufacturing job growth as signs of light, despite the nation’s 9.6 percent unemployment.”

Los Angeles Times, “U.S. hard-pressed to stem domestic R&D losses“: “President Obama’s proposal to boost the research tax credit for businesses is widely seen as necessary to bolster American competitiveness in the global economy. But even if the $100-billion plan is approved, it won’t begin to address the fundamental questi n of how to turn that research and new technology into jobs and renewed prosperity for Americans.”

Wall Street Journal, Arthur Brooks and Paul Ryan, “The Size of Government and the Choice This Fall“:  [Finding] the right level of government for Americans is simply impossible unless we decide which ideal we prefer: a free enterprise society with a solid but limited safety net, or a cradle-to-grave, redistributive welfare state. Most Americans believe in assisting those temporarily down on their luck and those who cannot help themselves, as well as a public-private system of pensions for a secure retirement. But a clear majority believes that income redistribution and government care should be the exception and not the rule.”

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