The criticism by Dr. Gleckman of a revived New Jobs Tax Credit does not address two important points. First, if this proposal is an "administrative nightmare", how were we able to successfully implement a similar program in 1977-78? Second, as pointed out in a previous comment, there is some research that suggests that the New Jobs Tax Credit of the 1970s was reasonably effective in creating jobs. I review some of this evidence at the Upjohn Institute's website at http://www.upjohninstitute.org/Bartik-NJTC-proposal.pdf Of course, the devil is in the details. I agree with Dr. Gleckman that extending such a tax credit to companies averting layoffs is problematic. On the other hand, making the credits refundable seems likely to be helpful for smaller businesses with cash flow problems or that are not subject to the corporate income tax. Tim Bartik, Senior Economist, Upjohn Institute