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AP: Porkulus killing new jobs

November 23rd, 2009 by Hot Air Filed under Featured, Feeds, Free Republic, Politics.[0 views]
Rob Port at Say Anything noticed this story yesterday, which may explain to Barack Obama why his Porkulus bill hasn’t generated new jobs … well, one of the reasons, at least. The Associated Press reports that the increases in unemployment benefits have placed new burdens on businesses in the form of higher unemployment taxes — in Florida, a twelve-fold increase for next year. The result? Capital that may have gone towards hiring new employees will get sucked up by government instead:

Original Article: Forum: News/Activism

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