No, your comment is a typical red herring. Part of the stimulus for states was designed to keep the states and local governments from laying off millions of more people or having big tax increases with the aid to education and health.
I'm not addressing anything to do with shovel ready project nor does it correlate with my point. Moving along...
Also, you keep mentioning GM/Chrysler bondholders which have nothing at all to do with topic. Another typical red herring. Moving along....
Giving more tax breaks to private industry won't do a thing when many corporations are sitting on massive profits and are not hiring. Perhaps, tax incentives do give an incentive for small business to hire but I'm guessing that they will only hire if they have a need (as in customer base) if not, no amount of tax break will help. I say allow that incentive because it won't hurt. I would only attach that incentive with full time jobs.
You really have no concept as to the role of the govt. nor any understanding of private business. You keep mentioning corporations when the majority of businesses in this country aren't corporations that do most of the hiring. Why do you care what some business does with its profits, they earned them, they aren't yours or the governments.
Do you have any concept as to the cost of hiring? Why are businesses holding on to cash? How many employees have you ever hired?
My quote: Overall, during the Bush era, private growth in jobs were at their worst since the Great Depression.
Your response: Really? So that roughly 4-6% unemployment for 7.5 years out of his eight was pretty bad? And the roughly 8% unemployment throughout all of the Marxist's regime is no doubt much better, right?
The highest unemployment rate during President Bush’s entire eight years in office was his last month at 7.8%, compared to President Obama’s low of 7.6%. Of course it really helps to have the state-run media on your side."
Now my response to you: Anyone with half a brain knows that's misleading because that combines private and public sector jobs and proves that you did not address my response in any shape or form.
This is what you wrote,
Most of it went to make the unions whole."Part of the stimulus for states was designed to keep the states and local governments from laying off millions of more people..."