Paying for the Proposed US New Jobs Tax Credit

The New York Times reports today that traction is gaining for a new federal jobs tax credit. Why do bad ideas keep re-surfacing? Because this tax credit serves a huge poltical need to "do something" even if its economic impact is minimal. But if we are going to have a new jobs tax credit, let's pay for it responsibly. Fold this credit into a newly expanded WOTC program, and then let...