Originally Posted by
SpawnedX
The only way to fix this economy is to get cash flowing and get a handle on taxes. A static tax would be a good start. 20 or 25%, everyone pays the same percentage of their income, and no complaining about that tax level, because the debt isn't going to pay itself off.
Next is to come up with a plan to ease the tax burden on companies and corporations and to make it more expensive to manufacture and operate outside of our country.
From there the minimum wage needs to be adjusted for inflation and then indexed. A lot of business owners are actually on board with this. I will provide some reading information on it when I get home.
I concur with a static tax (of 15%), but minimum wage is just another form of entitlement; IMO it has contributed to the economic downgrade.
If we want to get back to "robust", we've got to eradicate all encroachments of socialism on our economy.
It has and will never work, anywhere. Capitalism is the cure.