The Democrats have it bass-ackwards, as usual. We need jobs in the private sector and the government cannot create those jobs. Employers don't hire people to get tax credits, as the president seems to think. They hire people because their business is growing and they need more employees to handle it. Likewise, jobs don't grow the economy; it's the other way around. The growth of the economy is what creates jobs.
The best thing the government can do at this point is to just get out of the way. Quit trying to regulate the life out of businesses, ease the tax burdens on employers and watch the economy grow. In other words, butt out!