Quote:
Originally Posted by Lamplighter
Merc, you have miraculously been made Uber-President...
What is your first decision to create jobs ?
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Well if were king I would have line item veto and scratch each and every single pork barrel item from every spending bill for the 4 years of my reign, regardless of party affiliation. Pork stops now (you know, sort of like Pelosi promised in 2006 and Obama promised in 2008). A true stop gap spending belt tightening. We have to balance our check book they should have to balance the governments. I never would have lied to the electorate and told them that the boondoggle spending bill was going to create "millions of shovel ready jobs". I would have saved all that money and put it back into the economy. I would never have passed that boondoggle healthcare bill, that money would go back into the economy. I would not inact the new taxes by rolling back the Bush tax cuts, I would change the whole system to a Fair Tax. No more free lunch. SOME 47% of the nation paid no federal income taxes! (tax policy center). (
http://online.wsj.com/article/SB1000...524326290.html ) Allow business, large and small, any opportunity to grow to stimulate job creation. Business makes jobs, government does not do a good job of making jobs. Until we wake up and see that government is not the answer to job grown we are going to muddle along mired down in stagnation. Government threw all that money at the banking system, right? And what did they do with it? They held onto it, and they are still holding onto it. Now they are trying to inact a bill to get them to lend it. It is crazy. Poke through the Stimulus bill and see how many jobs were directly created from each dollar, one figure I read was it cost the government aprox $220,000 per job created. Hell that money could have allowed a small business to add 10 employee's in some cases, if the number is accurate. Look at the housing bailout. What if they allowed all of the middleman companies to fail and just set up a program which evaluated every person who was in default and just paid off the loan for those who qualify? It would have been cheaper than the approach they took. If a person could save their house they might have been able to keep their job or at least make it quite a while without one. The rest would go to bankruptcy court and take their licks, get ready to find an small apartment within your means. Now the question is, did we just delay the inevitable? Have we really hit bottom yet? I don't know. But unchecked spending and growing deficit spending is not the answer IMHO. I certainly don't have the answers or I would be King! I no longer trust this government to fix what is broken.