Quote:
Originally Posted by Riot
No, it did not fail. I recently posted multiple financial analytic sources that say yes, it created plenty of jobs.
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Give potential employers an incentive say $2K for every new hire, payable after 2 years employment. That $300 billion would represent a minimum of 15 million jobs if collected. (Or 40 million jobs for $800 billion which shows just how much the first stimulus failed.) It would also reward successful companies in that they would be the ones needing and hiring new employees. As an additional bonus, the incentive would be due in two years. No immediate outlay of any cash, thus no new financial burden for the American taxpayer today and for years to come.
With the added personal income and payroll taxes over two years employment more than covering the $300 billion or any portion collected, it's sure-fire.
But that will never happen with this guy because jobs are far down on the list of priorities as demonstrated by this newest giveaway.