Why Obama's jobs bill is a bust:

10/14/2011 | Bloomberg Businessweek

President Barack Obama's jobs bill, which recently stalled in the Senate, contains many provisions that wouldn't do much to create jobs, writes Caroline Baum. A few thousand dollars in tax credits won't encourage employers to bring on workers with salaries worth tens of thousands, said NFIB's Bill Rys. The money dedicated to put residential construction workers to work on infrastructure projects is also misguided, said NFIB's Bill Dunkelberg. "The skill sets aren't well-matched; government programs generally require union workers, so most small construction firms won't qualify; and homebuilders don't have the equipment for roads and bridges," Dunkelberg said.

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