The Republican "jobs plan" is just a hodge-podge of Republican policies, most of which have nothing at all to do with jobs, and which, overall, would slash employment rather than bolstering it.
"Senate Republican Jobs Plan
An outline for creating American jobs and prosperity
Begin Living Within Our Means
•Require a Balanced Budget Amendment to the Constitution.
First of all, this is a pipe dream. It stands zero chance of passing, but in the unlikely event that such an amendment did pass, it would required a 25% reduction in government spending which would eliminate millions of jobs.
•Require a Statutory Spending Limit.
Ridiculous. How can today's Congress know what spending needs will be next year, or five years hence.
•Cut Spending to Immediately and Substantially Reduce Deficits.
Cutting spending means cutting employment. I thought this was supposed to be a jobs CREATION plan!
Reform Tax Code To Spur Economic Growth
•Simplify and Reduce Business and Individual Tax Rates.
Fine, but now you're increasing the deficit....
•Make Research and Development Tax Credit Permanent.
Good idea. Increasing the deficit again....
•Extend and Make Permanent the Small Business Investment Tax Incentive.
It doesn't need to be permanent, and you're increasing the deficit again....
•Reduce Taxes on Capital Gains and Dividends.
Increasing the deficit and income disparity -- tax break for millionaires and billionaires....
Unburden The Economy From Washington Regulations
•Codify the President's Proposal to Require Cost Benefit Analysis in the Formulation of Regulations.
Good idea ... President Obama....
•Support passage of S.299 REINS Act.
Completely moronic. This would require a congressional vote on 50-70 major regulations/yr. You would have to increase congressional staff 10 fold and nothing would ever get done due to partisan bickering....
•Prohibit EPA from Regulating Greenhouse Gases under the Clean Air Act.
*sigh*
Create Competitive Workforce
•Reform Federal Retraining Programs.
Reform them how?
How can you stop something that never started?
Increase Exports To Create More Jobs
•Ratify Three Pending Export-Opening Agreements.
•Provide Trade Promotion Authority for the President.
Sounds reasonable....
Power America's Economy
•Lift the Outer Continental Shelf Prohibitions.
No.
•Increase Federal Loan Guarantee Authority for Nuclear Power.
Good idea, but increasing the deficit again....
•Require Greater Access to Federal Lands for Exploration of Resources.
No.
Adopt Common Sense Health Care Solutions
•Repeal ObamaCare.
Increasing the deficit again, does not create jobs, deprives 30 million people of health insurance....
•Enact Meaningful Medical Malpractice Reform.
Meaningful, as in one that will provide alternative protection against malpractice and guarantee lower healthcare costs? I'd be all for that....
•Allow for Purchases of Insurance Across State Lines.
Bad idea, as it would create a race to the bottom where states would compete to be the least effective regulators of insurance companies to attract insurance companies....
•Provide Additional Risk Pools for Small Business.
You mean like "Obamacare"?
•Strengthen Health Savings Accounts and Patient-Centric Health Care.
What does that mean? Strengthen how?