Happy Labor Day!  With 57 days to go until the biggest massacre since Little Big Horn,  President Barak Hussein Obama (peace be unto him) is bringing his legendary laser-like focus to his tanking economic policy in a vain attempt to save as many Democratic Congressional positions as he can.

Obama  is pitching a proposal calling for long-term investments in the nation’s roads, railways and runways that will cost American taxpayers at least $50 billion.

The infrastructure investments are just one of a bunch of targeted proposals the White House is expected to announce in the days leading to the November election.

The proposal calls for investments over six years, with an initial $50 billion front-loaded into it to “help create jobs in the near future”.

Because nothing will save our economy like more unneeded pork-barrel projects.

According to the administration elements of the infrastructure plan include: rebuilding 150,000 miles of roads; constructing and maintaining 4,000 miles of railways, enough to go coast-to-coast; and rehabilitating or reconstructing 150 miles of airport runways, while also installing a new air navigation system designed to reduce travel times and delays.

Obama is also calling for the creation of a permanent infrastructure bank that would focus on funding national and regional infrastructure projects.

This package follows the infrastructure investments that were a part of the $814 billion Porkulous Bill.  Officials said this infrastructure package differs from the previous package because it’s aimed at long-term growth, while still focusing on creating jobs in the short-term.  Uh huh.

Meanwhile, as small businesses struggle to survive, public attention is turning to what is destroying American small business owners: higher taxes, new accounting procedures and health-care mandates.  While Obama and his minions boast about plans to help the situation with an array of small-business initiatives, many owners say the government intervention is as much a deterrent to hiring as the faltering economy.

Their perceptions are important because the Obama administration is counting on small-business owners, whose ranks represent more than half the U.S. workforce, to jump-start the economy, much like they did after downturns in the early 1990s and 2001.

The White House is seeking artful solutions to the legitimate concerns of businesspeople about the crush of higher taxes. Among the ideas being floated are a temporary payroll-tax holiday and permanent extension of the expired research-and-development tax credit, being touted as ways to offset the impending elapse of tax cuts for the top 2 percent of households.

Those “in-the-know” believe that small businesses would be willing to expand their payroll if capital were more readily available to them.  Small businesses naturally suffered more in the credit crunch than their larger counterparts because they rely almost solely on banks for their financing.

To date, existing loan programs haven’t induced a whole lot of hiring. Surveys conducted by the National Federation of Independent Business and the National Small Business Association show owners much less optimistic in recent months about their prospects of hiring and growing than they were late last year and earlier this year.

Even those supporting the loans admit that the government investment likely won’t pay off until consumers start spending and business owners start feeling more confident.

If that’s the case, why not simply extend the Bush tax cuts for everyone?

In all, Scooter and the gang have created about a dozen small-business programs, including a health-care tax credit; more opportunities for women business owners to receive government contracts; and cuts in capital gains taxes.

Gene Sperling, counselor to Treasury Secretary Timothy F. Geithner on small-business issues, says:

Our view is that the financial crisis put multiple barriers in the way of small businesses and the appropriate policy response has to be aggressive and multifaceted instead of looking for one silver bullet.

However, the chief U.S. financial economist at IHS Global Insight, Brian Bethune, firmly believes that the initiatives coupled with numerous other new regulations are making owners feel overburdened, overregulated and less secure about the economy:

They may see it as more interference.  They see it as bureaucratic intrusion.

Business owners and advocates complain that some of the programs contradict one another. Stephanie Cathcart, spokeswoman for the National Federation of Independent Business, said benefits from the payroll tax exemption business owners use when they hire unemployed people are wiped out by provisions in the health-care overhaul law that reduce a tax credit when businesses hire:

It’s counterintuitive.  Frankly, a lot of these initiatives fall short.

Every economic measure presented to the public by Obama and his administration, in the next 57 days, will be nothing by weak, blatant attempts to save the Democratic Party’s positions of power within America’s Legislative Branch. 

It’s too late.  The public will not be fooled.   Obama holds the responsibility for our horrible economic situation and he will not able to stop the upcoming re-enactment of the Little Big Horn on November 2nd by giving beads to the Indians.