I'm curious. What would you want to hear from Obama or the congress on jobs? Is there really anything the government can do to put people back to work sooner rather than later?
If the expense were offset by cuts in spending should the US invest in infrastructure?
For those who think that tax cuts create jobs...how exactly does that work?
archer wrote: I'm curious. What would you want to hear from Obama or the congress on jobs? Is there really anything the government can do to put people back to work sooner rather than later?
If the expense were offset by cuts in spending should the US invest in infrastructure?
For those who think that tax cuts create jobs...how exactly does that work?
Here is a no brainer. Back off on job killing regulations/bureaucracy.
Heck, if memory serves even Obama agrees. Isn't he going to call for expedited permitting to get shovel ready projects going. The problem with that is that greasing the wheels for projects that his admin. is pushing does nothing to relieve the regulatory friction on the rest of the economy.
Obama and Congress need to do seven things to create jobs. It's very simple.
1) No Corporate Taxes for four years.
2) Tariffs on all imported products.
3) Cut government spending by 25% over the next two years.
4) Eliminate EEOC compliance and Obamacare.
5) Prosecute to the fullest extent of the law companies and individuals who hire illegals.
6) Limit the fund that are Western Union and sent from banks to Mexico and South America.
7) Require all employers to pay via a third party payment system (ADP etc) to insure that all employees are in compliance with tax law and citizens.
Obama and Congress need to do seven things to create jobs. It's very simple.
1) No Corporate Taxes for four years.
2) Tariffs on all imported products.
3) Cut government spending by 25% over the next two years.
4) Eliminate EEOC compliance and Obamacare.
5) Prosecute to the fullest extent of the law companies and individuals who hire illegals.
6) Limit the fund that are Western Union and sent from banks to Mexico and South America.
7) Require all employers to pay via a third party payment system (ADP etc) to insure that all employees are in compliance with tax law and citizens.
Ok, #1.....so many corporations are already not paying taxes, not sure that will make a big difference.
#2 I agree......I don't undertstand why our workers and businesses should have to compete with cheap labor
#3 I agree......depending on where those cuts are. Across the board? I'll go for that
#4 disagree.....Healthcare is badly needed and Corps will not comply if EEOC is eliminated
#5 absolutely
#6 agree, though I have no idea how big a problem that is......do you?
#7 Who will ensure that all employers are in compliance? I'm not sure at all what you hope to accomplish with this.
I'll bet you thought we couldn't agree on anything.
Ok - I have a question/comment about 7- having worked for in the recent past, and currently through one of my jobs as a millinery contractor (yep, real job) I got paid by a personal check in one, and through a small business account for the other. Should all small businesses be forced to pay out fees to another company just to write their checks? I know when I ran my store, that would have been one more expense to break me with. That kind of requirement could cause more small businesses to close.
#6 agree, though I have no idea how big a problem that is......do you?
I do. I have a immediate family member who works for a major bank. The stories of how America is being robbed by illegals is extraordinary. The stories are chilling....from illegals cashing $5000 tax returns to the daily exporting of cash via moneygram type services to Mexico and South America are rampant. The limited ID that is require for illegals to open an account. Not to mention, the customers that come into the bank that are getting some type of government payments is mind blowing. Don't go to bank today.... it's Social Security, Disability and Government Hand Out Day coupled with a three day weekend.
#7 Who will ensure that all employers are in compliance? I'm not sure at all what you hope to accomplish with this.
IRS will have plenty of time on their hands if you cut out corporate taxes for four years....redirect those assets and get those auditors out of the offices of corporations. At Exxon, the US government has 15 FULLTIME IRS auditors with space provided by Exxon. The Exxon tax return is over 7 feet high.
archer wrote: I'm curious. What would you want to hear from Obama or the congress on jobs? Is there really anything the government can do to put people back to work sooner rather than later?
If the expense were offset by cuts in spending should the US invest in infrastructure?
For those who think that tax cuts create jobs...how exactly does that work?
Tax cuts creating jobs? Businesses will have money to spend on capital equipment, money to hire new people, etc, instead of sending checks to the Feds. But I think just like stimulus, tax cuts aren't working anymore to create jobs. There is still a deep scepticism about the economic future so consumers and businesses prefer to keep their cash.
NPR was predicting this morning that Obama will push to keep the payroll tax cuts. Frankly I don't think there is much he can do right now, other than convince business that he supports them and fire some of his more lefty bureacrats and advisors.
Thomas Sowell: There are no solutions, just trade-offs.
The president would have to abandon his belief in Keynesian economics which won't happen. (Or his advisor's beliefs...not sure Obama has much schooling in economics)
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
Remember this is the root cause of the recession. Until housing picks up, and new houses are being built again, everything else is just band aids.
People won't buy houses until they have jobs.
Private enterprise is the only way to create jobs. The government can hire people for projects, but eveyone knows that's not sustainable growth. The government needs to realize that it can gently guide the economy, but it can't dictate the economy.
If government will get the heck out of the way, America has enough innovators and ambition that the economy will begin to turn around. We're here because the feds have been too heavy handed in economics.
"Whatever you are, be a good one." ~ Abraham Lincoln