LVRJ Editorial Nails It

From The LVRJ:"The president used a Wednesday visit to a New Jersey sandwich shop to tout a bill that would let community banks tap a $30 billion government fund (all borrowed from somewhere else, of course), and use that capital to extend up to $300 billion in loans to small businesses. The legislation also includes limited tax breaks for those businesses....
The hypocrisy and election-year posturing of Washington Democrats is pretty galling, even by the low standards they've set over the past four years. They demand that businesses start hiring the unemployed, yet they're relentlessly pursuing an economically destructive agenda that piles new regulations and uncertainty on employers and the investors they depend on. From health care reform to financial reform to cap-and-trade, from the looming expiration of the Bush tax cuts to talk of a national sales tax, they're giving businesses more and more reasons not to hire.
Businesses have to increase their sales before they even think of hiring, let alone borrowing. What good is a tax break for restaurants and retailers that remodel their locations or open new ones -- as this new legislation proposes -- when they don't have enough customers to cover the debt payments on all those new costs?" http://www.lvrj.com/opinion/giving-the-business-99611124.html

The LVRJ nails it. The Obama administration along with Reid, Titus and Berkley promise new taxes and increase in regulations. Why should private employers hire people when they may have to lay them off in a few months. Tax breaks are not going help. A business is not going to hire someone just because it is the nice thing to do. They are going to hire someone because they need the help. Employers are going to keep their expenses low as possible and the biggest expense usually is labor.
Why the Democrats don't understand this is beyond me.