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Thursday, January 26, 2023

Jobs act: Another costly government debacle?

Can the government create jubs by sinking the nation billions of dollars further into debt? That is a question the Senate faces as it tackles a jobs bill in the first month of the new year.

Republicans say the “Jobs for Main Street Act” is nothing more than another expensive government program that will spend money, raise the deficit and create few, if any jobs. The House passed the act 217-212 in the closing days of the December term. No Republicans voted for the bill.

The bill for the jobs act is $174 billion.  Critics say it is nothing more than another ill-fated “stimulus plan,” comparing it to the $787 billion economic plan that spent more and produced few jobs and little stimulus.

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