Slapping a catchy acronym like the JOBS Act on a piece of legislation makes it more difficult for politicians to oppose it - and indeed that's what happened with the Jumpstart Our Business Startups Act.
Sentiment: NEGATIVE
The JOBS Act is the 'topic of the moment.'
I believe there's been a slippery slope of new companies that have formed in the name of on-demand services... that maybe aren't having as much of a focus as they should on the worker.
At a time when we have much work to do to address our Nation's critical infrastructure, and, as I said, which is currently in dire need of upgrade and repair, this legislation is also a jobs bill and is obviously a jobs creator.
Our job as a business is not to promote a political agenda. That's not what we do.
We have to get very militant with some of these employers to say there's no shortcuts, our people have a right to a fair day's wage for a fair day's pay, and we've got to get that done. And that's going to happen.
The economy is too weak right now. We need to jump-start it. The American Jobs Act will provide that jump-start, to help us into next year and the year after that.
Startups often have to do dubious things.
Once again, the puppets on Capitol Hill are about to slam the Muppets on Main Street. The country still hasn't recovered from the Wall Street-induced financial cataclysm of 2008, yet Congress is preparing to enact the Orwellian 'JOBS Act' - a bill that should in fact be called the 'Return Fraud to Wall Street in One Easy Step Act.'
Standing athwart ineffective, feel-good legislation shouting, 'Stop!' is seen as a betrayal of those struggling to get their footing on the lowest rung of the economic ladder. Yet raising the minimum wage hacks the lowest rungs off the ladder altogether. But economic logic doesn't wash with liberals who are intent on inflaming class warfare.
If I were a congressman who had voted for the American Jobs Creation Act of 2004, I'd claim it was forced on our country by a sinister international organization.
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