Institute for Public Accuracy

  • 10:11:41 pm on January 27, 2010 | 0

    So the president is making his “hard pivot,” as the pundits say, towards jobs. Judging from the leaks, though, it’s incredibly weak tea. Capital gains tax breaks for small business will create almost no jobs. Businesses hire when they have the cash and think that sales will increase. That doesn’t describe the present, and a stupid tax break won’t change that.

    But clearly Obama is embracing the Dick Morris/Bill Clinton strategy of micro-initiatives. Some movie whose name escapes me featured an initiative to address global poverty with a program to provide pencils for schoolkids in Mexico. That’s exactly what this sort of thing is.


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