A tax Credit for jobs? Where are the jobs from the stimulus Kagen voted for? Does Steve Kagen really know what he is talking about? Kagen gives a a history lesson.
From WisPolitics.
Steve Kagen wants to go back and repeat history from the late 70"s. Can Congresman Kagen promise jobs like the 70's? Steve Kagen would like to ask you two questions on the late 70's.
Who was President in the late 70's?
What was the misery index in the late 70's? From Wiki.
What about a TV ad showing Kagen wanting to go back to the 70's. Pictures of unemployment lines, flu shot lines and Kagen and Carter side by side. "Do you want another MISERY Index like the late 70's! I think not."
.
Will the media call him on this?
From WisPolitics.
"Wednesday, October 28, 2009
10:27 AM Kagen pitches jobs tax credit
U.S. Rep. Steve Kagen believes Congress should enact a new jobs tax credit to stimulate employment over the next two years.
Kagen, D-Appleton, said lawmakers are working on a proposal that would provide a 15 percent tax credit on new hiring in 2010 and a 10 percent credit in 2011. He noted that the traditional methods to spark an economic recovery -- boosting the housing and automobile sectors and lowering interest rates -- have already been tried.
"We're in a position now where almost 15 million people are now unemployed," Kagen said in a conference call with reporters. "As we begin to continue the process of stopping the bleeding ... there are several ways that we can work ourselves out of the recession."
Kagen added that a similar tax credit in the late 1970s drove a 11 percent increase in employment.
"This is a temporary, two-year tax credit, and would effectively put labor on sale," Kagen said.
He also touted the Small Business Financing and Investment Act of 2009, which is currently in drafting in Congress. Kagen said the plan would allow the Small Business Administration to directly loan to borrowers if no local lenders are interested, and would increase the loan guarantees in the SBA's Rural Lender Outreach Program." WisPolitics DC Wrap: Kagen pitches jobs tax credit
Steve Kagen wants to go back and repeat history from the late 70"s. Can Congresman Kagen promise jobs like the 70's? Steve Kagen would like to ask you two questions on the late 70's.
Who was President in the late 70's?
What was the misery index in the late 70's? From Wiki.
"During the Presidential campaign of 1976, Democratic candidate Jimmy Carter made frequent references to the Misery Index, which by the summer of 1976 was at 13.57%. Carter stated that no man responsible for giving a country a misery index that high had a right to even ask to be President. Carter won the 1976 election. However, by 1980, when President Carter was running for re-election against Ronald Reagan, the Misery Index had reached an all-time high of 21.98%. Carter lost the election to Reagan." Misery index (economics) - Wikipedia, the free encyclopedia
What about a TV ad showing Kagen wanting to go back to the 70's. Pictures of unemployment lines, flu shot lines and Kagen and Carter side by side. "Do you want another MISERY Index like the late 70's! I think not."
.
Will the media call him on this?
No comments:
Post a Comment