The Overblown Rhetoric Politically Expedient Misleadingly Named Not Job Saving or Creating Act of 2011
The naming of legislative bills is getting out of hand.
Instead of Stimulus V (or whatever we are up to), Rep. Jan Schakowsky (Dem-Ill) has introduced the Emergency Jobs to Restore the American Dream Act, which she announced on Twitter:
I doubt the Act will save anyone’s American Dream, because creating incentives to hire the unemployed doesn’t create jobs. It just shifts around who will get a particular job.
It’s a perverse version of the “jobs saved and created.” You deprive an employed person of the job, which would have created a job opening anyway in the position the person vacated. So no net new jobs.
All it will do is cost us money, which we are not entitled to keep anyway.