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Old 12-07-2010, 09:14 PM   #1
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Default If you were the Prez...

what would you do to create American jobs immediately...

And...what would you have done differently as to a "Stimulus Package?"

I wonder if anyone has any really concrete ideas. Sure haven't heard any lately.
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Old 12-08-2010, 02:29 AM   #2
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Freeze on all federal income taxes for 1 year, ***imagine what could be done with all that extra $$$ circulating in the real economy and not being wasted by the govt***then sign an executive order to stop all unemployment benefits for those who have received them for over 1 year so these folks would have to take the jobs that were made available, unemployment goes down to 4%, problem solved
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Old 12-08-2010, 02:32 AM   #3
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Wait I can just hear it now "but how will we fund the govt????" well lets see they could um... CUT SPENDING!!!!!!
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Old 12-08-2010, 02:50 AM   #4
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I would have gone with a LARGER package. And i would have focused it entirely on our crumbling infrastructure and industrial sectors.

unfortunately, the stim focused a large portion of its money on short-term consumerism, and in plugging the holes in bloated state and local budgets. it may have prevented a full-blown crash, but much of the money only put off the day of reckoning by a year or so.
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Old 12-08-2010, 03:21 AM   #5
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I would have dropped corporate taxes to 15% right away and further lower them as time went on. I would drop all corporate taxes on the money made overseas and brought back home. There is no reason to nail that money with 35% tax when our neighbors to the north only charges 2%. I would balance the budget the 1 st year bringing it back to 18% of GDP and further reduce it down to 12% in 4 years.
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Old 12-08-2010, 05:16 AM   #6
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And i would have focused it entirely on our crumbling infrastructure and industrial sectors.
I thought the first press releases indicated that there would be a ton of this. I was surprised at how little we've actually heard about. I considered this to be something that would produce immediate results and create secondary waves of private sector spending and jobs.

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Freeze on all federal income taxes for 1 year
How would we pay the military, for example? Just give the troops IOU's? How would they feed their families? Government workers are still consumers and Americans.

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I would have dropped corporate taxes to 15% right away and further lower them as time went on.
Would you attach strings to what has to be done with the funds they keep as a result? In other words, how would you guarantee it would not go into higher salaries for upper management only as opposed to creating jobs?
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Old 12-08-2010, 05:24 AM   #7
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Would you attach strings to what has to be done with the funds they keep as a result? In other words, how would you guarantee it would not go into higher salaries for upper management only as opposed to creating jobs?
no strings because you wouldn't need them. This corporate tax isn't in place to cap employees salaries. That's the shareholders and market responsibility. This tax is in place to tax the little guy out there without them knowing it. One it would hang a sign on our borders, USA open for business. Number 2 prices would drop because corporations would go back to being goods and services providers not tax collectors.
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Old 12-08-2010, 06:39 AM   #8
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Quote:
Originally Posted by boysda View Post
I would have gone with a LARGER package. And i would have focused it entirely on our crumbling infrastructure and industrial sectors.

unfortunately, the stim focused a large portion of its money on short-term consumerism, and in plugging the holes in bloated state and local budgets. it may have prevented a full-blown crash, but much of the money only put off the day of reckoning by a year or so.
I thought Barry sold the stimulus package as funding for "shovel ready projects" (which he NOW says never existed... It's crazy to think that you would let these lying clowns spend even more money.
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Old 12-08-2010, 06:47 AM   #9
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Quote:
I would have gone with a LARGER package. And i would have focused it entirely on our crumbling infrastructure and industrial sectors.
IPSC nailed it in his reply to the above. You can look at new orleans and see how good the gov't is at getting work done on "infrastructure". How many millions of dollars had been "set aside" over the years to work on the dam (that broke)?

I don't know what the answer is, but I know what it is not. Wealth redistribution via the gov't is NOT the answer.
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Old 12-08-2010, 06:51 AM   #10
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first cut spending!!!
second cut spending!!!!
renegogiate contracts,
give business incentives to expand/hire,
temp freeze on payroll taxes for new employees,
allow businesses further deductions for expenses,
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