Obama just signed into legislation the new "hire" bill. 18.5 billion dollars in TAX breaks to business for new hires that have been laid of for at least the last two months. In this bill it includes: 1. No payroll taxes for the rest of the year for new employees--(that have been laid off for at least the last 2 months.) 2. Extreme depreciation for new equipment. Money for new equipment is normally depreciated out for many years. If an employer buys new equipment this year--they can depreciate the total cost this year. Both of the above are HUGE tax breaks to business in this country. FINALLY--& more than a year afterwards Obama has moved to "trickle down economics." This is something he should have done more than one year ago, versus spending 787 BILLION tax dollars-that was loaded with earmarks, & political paybacks. He realises that his "Flood the basement economics" has been a total miserable failure in job creation. Now the 18.5 BILLION dollar question, is will this work? The problem in our economy today is there is no demand for goods & services--therefore with no demand for goods & services--employers lay off employees & tuck under with new employees. IOW--they wait it out. With the new depreciation schedule--& I hate to tick off liberals this way--(wealthly employers will take full advantage of buying new equipment so that they can depreciate the total cost this year.) This will put out the demand to manufacture equipment & other business needs which will put people back to work. Is 18.5 billion too little, too late? Who knows. However, our economy would have been literally going through the roof today--if congress & this administration would have done this over 1 year ago.