GOP Jobs Bill Needs a Bigger Shot in the Arm

Written by David Frum on Thursday May 5, 2011

Why doesn't the Senate GOP job proposal include a 100% tax credit for all businesses big and small? Isn't that the usual conservative proposal to jump-start a sluggish economy?

Does anybody understand why the Senate Republican job proposal launched yesterday does not include a 100% tax credit for all businesses big and small, rather than one for small businesses only? Isn't that the usual conservative proposal to jump-start a sluggish economy? It delivers the most bang-for-buck, is temporary so can be ended when crisis ends, and it yields quick results, unlike eg new trade agreements. So why not? The other measures in the package all seem worthy but not exactly employment-generating in any near term.