Jobs Bill Won't Create...Ummm...Jobs?

No one expects the newly proposed jobs bill to actually create jobs. Neither the White House nor leading economists believe that it will be effective as companies are unlikely to hire workers to receive a tax break. Simply put, before businesses hire, they need increased demand, which would spur more work for their employees, which would create more revenue to pay new workers. Specifically, "a company could save a maximum of $6,621 if it hired an unemployed worker after the bill is enacted and paid that worker at least $106,800 — the maximum amount of wages subject to Social Security taxes — by the end of the year. The company could get an additional $1,000 on its 2011 tax return if it kept the new worker for at least a full year." Obviously, companies are not going to outlay $106,800 to receive a $7621 tax credit. This seems like simple economics to me. Why can't anyone in Washington devise an idea that would spur demand and job growth?