Obama's jobs plan stimulates market activity. Just not the activity you want.

Obama announces his jobs plan that was supposed to be a major announcement with a month-long build-up is just a do-over of his failed stimulus and a tax credit for new hires, an old idea that's already been rejected because it doesn't work.

Dow plunges 500 points as employers realize Obama won't drop his plans to punish them for creating prosperity.

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