re: #288 Walter L. Newton

And here’s some bad news…

WASHINGTON (By Robert Schroeder, MarketWatch) — Companies would get a break on payroll taxes for creating new jobs in the United States under a bill coming up for a vote in the Senate this week.

To get relief from the employer share of the Social Security payroll tax, companies would have to certify that a new U.S. worker is replacing an employee who’d been working overseas.
The Fed’s next steps

Jon Hilsenrath discusses the likelihood that the central bank will move gradually if it decides to act again to stimulate the economy.

[Link: www.marketwatch.com…]

Democrats say the bill, which they want to put to a test vote Tuesday, would help to stop companies from shipping jobs overseas.

It may as well be a bill titled:
“The bring back low-wage jobs to the US so more people can work below the poverty line Act”