The Small Business Jobs Act
The Small Business Jobs Act
Posted: Dec 13, 2010 |Comments: 0
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One of the worst aspects of the current economic reality is the continuing level of unemployment. While it continues at or around the 10% mark, it’s going to depress the amount of money spent on Main Streets up and down the US. People worried whether their next pay check will arrive are preferring to pay down their debts rather than spend. Combine this with the unwillingness of the banks and credit card companies to be more generous with credit limits and you have a perfect storm for small business to weather. It’s therefore welcome to see the Small Business Jobs Act. No matter what your politics, the idea of billion in tax breaks for business is good news. Whether it will actually do anything to create jobs is anyone’s guess. You will not find a single incentive for hiring a new employee. The government is working on the theory that, if
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