The Eco - Senior
Where there is something for everyone ... and Conservatives come for enlightenment
Wednesday, January 20, 2016
A reminder of Olivers incompetence
Was Joe Oliver's job creation plan that creates no jobs outsourced to business lobbyists?
It was a stunning conclusion.
Despite word from the Canadian Federation of Independent Business that it would create
"25,000 person years of employment,"
it turns out the Conservative government's
"Small Business Job Credit"
will only create an estimated 800 jobs.
That works out to
per job created, since the "job credit" takes over a half of billion dollars from the
Employment Insurance fund.
Yup. That's exactly what the
Parliamentary Budget Officer
said last week.
And to make matters worse, the recent EI premium freeze for employers will lead to an estimated loss of 10,000 jobs, according to the PBO.
The math is pretty simple: 800 - 10,000 = a job creation plan that leaves us with 9,200 fewer jobs:
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