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The White House says the multiyear $814 billion stimulus program passed by Congress in 2009 boosted employment by 2.5 million to 3.6 million jobs
Hm... lets use their way too optimistic numbers: $814,000,000,000 / 3,600,000 = $226,111
So they could have just handed each person $226,111? What a brilliant government we have here. But instead they "say" they created 3.6 million jobs (probably most of them < $10 an hour jobs).
How long does it take someone who earns $10 an hour to accumulate $226,111 (taxes not included) = $226,111 /10 = 22,611 hours or for a 40 hour a week job = 565 weeks, and if they work 50 weeks a year = 11 years. And that is assuming no taxes. Our government is stupid.
The measures the assembly was discussing in its twice-yearly session include cutting more than one million state jobs in a move to reduce Cuba’s vast bureaucracy and reducing the state’s role in areas such as agriculture, retail and construction.
Small private businesses will be encouraged to step in to fill the space, while state subsidies for goods and service will be phased out.
The BBC’s Michael Voss in Havana says one of the biggest obstacles Mr Castro now faces is resistance from party bureaucrats who face losing their job under the changes.
As someone with Cuban ancestry, this is good news to hear. Although it is certainly sad that Cuba is doing better than the US.
Federal agencies, the Environmental Protection Agency (EPA) most prominent among them, continue proposing new rules that drive up business costs and discourage employers from putting Americans back to work.
federal agencies issued 43 major new rules increasing regulatory burdens in Fiscal Year 2010. The total costs of these rules – as estimated by the regulators –exceeded $26.5 billion. That's the highest single-year cost recorded since 1981, the first year for which records are available.
Many of these new regulations would dramatically increase compliance costs, assuming the proposed new standards are even technically attainable. Such new requirements would encourage many businesses, including small businesses with millions of high-wage employees, to curtail operations rather than make investments that could offer no economic return.
Investment capital would then naturally migrate to lower-cost locations where regulations are less burdensome. The American worker gets left behind
Manufacturers have also been alarmed by two proposals that have generated less public attention but could still wreak economic damage: lower limits on ground-level ozone and emissions controls on industrial boilers.
New rules for ozone would supersede lower emission limits adopted just two years ago, with compliance costs that EPA acknowledges could near $190 billion annually by 2020. Democratic and Republican senators and governors from industrial states have criticized this rulemaking as a "financial and regulatory burden" that would "create additional barriers to job creation and industry growth."
Industrial boilers play a critical role in our economy, generating power for companies large and small, as well as municipalities and universities. The EPA has proposed dramatic new rules that skirt cost-benefit analysis and would be impossible for many existing facilities even to meet. The forest products industry, which makes extensive use of boiler-generated energy, would be hit especially hard, facing estimated costs of $14 billion.
None of our international competitors confronts standards such as these, which will only drive more jobs offshore. Industry studies demonstrate that hundreds of thousands of jobs may be at risk if this rule is adopted. The Administration's own Commerce Department has produced a study that concludes the draft rule could cost the United States 60,000 to 90,000 jobs a year.
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That's what we need to hear more of! More often than not you'll hear "They should hand me $125,000 so I can buy a new S-class Mercedes Benz."
If I were in charge of the govt. I'd hand you the $.
Right, a legend in his own mind.
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