In case you were trapped in a TV-less cave where not even cell or wifi signals could reach (or maybe you’re just way less dorky than yours truly), you may have missed President Barack Obama’s proposals for job growth in last night’s State of the Union address.
Obama’s proposing three things:
- Use $30 billion of repaid TARP money to help community banks lend to small businesses.
- Give a tax credit to small businesses who hire new workers or raise wages.
- And eliminate capital gains taxes on small business investment.
These proposals are short on substance thanks to their context, but at first blush, what do you think of these?