Under the plan, the federal grants will go to states, which will then hand it out to businesses that agree to pay employees as part-time workers, rather than laying them off. Our tax dollars will be used to supplement the part-time pay so that they receive their full-time salaries.
Obviously, this gambit is a thinly-disguised scheme to use taxpayer money for the President's personal political advantage. Whether it prevents a higher unemployment rate -- or just reduces the number of disgruntled, laid-off voters in the run up to the election -- it's an abuse of the taxpayer purse.
Who wants to bet that the grants will be targeted primarily at states the President needs to win?