Daniel Henninger writes in his weekly Wonder Land column in the Wall Street Journal March 4:

Faced with high, painful unemployment as far as the eye can see, the government naturally is here to help.

The Senate passed a $15 billion "jobs bill." Its proudest piece is a tax credit for employers who hire a person out of work at least 60 days. The employer won't have to pay the 6.2% Social Security payroll tax for what remains of this year. If the worker stays on the job at least a year, the government will give the employer $1,000.

As to the earlier $787 billion stimulus bill, Vice President Joe Biden praised it in Orlando this week as an engine of job creation, while he stood before a pile of broken concrete and asphalt. The subject was highways.

Finally, Barack Obama's government now may force companies to raise wages and benefits by squeezing their federal contracts if they don't.

To read more, click this link:

http://online.wsj.com/article/SB10001424052748703862704575099572105775414.html