What are some of your thoughts on improving the economy???

[wellendowed1911]

Ok all eyes are going to be on Obama next Thursday when he reveals his jobs plans.
Since we got people from all different political views just curious to hear what everyone thinks are good ideas to improve the economy- here are some of mine:
1) I think there has to be some type of big tax break for the middle class- the middle class are the ones who actually spend- the tighter their wallet- the less spending.
2) increase taxes on wealthy- obviously to create jobs- government has to collect money- remember the government sector is losing more jobs than the private sector due to the fact that the revenue is not there.
3) I like the idea that many economist are saying that Obama will perhaps have some plan that will have huge incentives for companies who hire UE people- believe it or not- there are a lot of companies who are sitting on huge amounts of cash, but they don't want to spend it due to the uncertainty of the economy- so there are thousands of companies who could hire people but are just too cautious to do so at this moment.
4) Investment in infrastructure- no secret our infrastructure needs to be re-built- our bridges are old- streets are in bad shape- we could use a a super railway- those projects create jobs.
5) have some sort of programs that hep either college tuition or trade school- I lose interest and will never vote for any candidate regardless of party that supports cuts in education. Education IMHO is one of the last departments that should ever be cut- if you are concerned about America's future than is should make your stomach turn when you hear about education cuts.
6) I like Obama's plan during his campaign run of giving huge tax breaks to companies that don't outsource their jobs to other countries- there's no telling how many american jobs were sent overseas in the last 20 years alone.
7) America has to invest in other alternate clean energy- they have the potential to create thousands of good paying jobs

Those are my ideas!!!!

P.S- regardless of your political affiliation I hope Obama and his advisers come up with some great plan to get the UE rate down- if anyone is cheering or hoping that Obama comes up with a bad plan that doesn't help UE Americans than you are a one minded jack ass- bottom line I could care less if a Republican, Democrat, Socialist, Atheist, or Communicst comes up with a plan- a good job is a good job and as long as Americans get back to work than it's a win for the U.S overall.

[CuteOldGuy]

Reverse the debacle of 1913, when Freedom died.

1. Disband the Federal Reserve System and return control of the money supply to Congress.
2. Repeal the 16th Amendment to the Constitution, establishing the income tax.
3. Repeal the 17th Amendment to the Constitution, providing for the direct election of US Senators, leaving state governments without any representation in Washington DC. Monaco has a representative in the US Capital, Kansas does not.

That's a start. More will have to be done, but this would get us more than half the way there.

[waverunner234]

I don't think tax incentives for hiring people work, if corporations are sitting on so much cash and don't hire, that means they don't have the work for new workers. So why would they hire? It's the same shit as with the tax credit for buying a house a few years back. I know several people who bought a house and got the 8K tax credit. They bought a house because they needed it, the tax credit was nice pocket change.
Cash for Clunkers credit? Lol many thanks to the tax payers, I've got a nice new golf cart now, net cost ..... less than 1K

You don't create demand by offering supply, you create supply when you stimulate demand.
Extended UE benefits for people who are long term out of work, that is an immediate boost for the economy, because that money is spend within days.

Maybe a huge tax fine for companies that outsource jobs overseas?

[CuteOldGuy]

Ok, if I get this straight, the government enacts laws or regulations which make it difficult for a business to operate. The business then decides to find a more friendly climate, and the government punishes them. The government drives the business away, and if they go, they get punished again. That makes sense, I guess.

No company looks to send jobs overseas, that is a last resort. Businesses do not owe the US jobs, they owe their owners a profit. If you have or start a business, what is your object? To make money. If you can't make money, you either close down, or find somewhere where you can make money. The US needs a more favorable business climate, not more business taxes.

[Boltfan]

Originally Posted by wellendowed1911

Ok all eyes are going to be on Obama next Thursday when he reveals his jobs plans.

I don't know about you but I will be watching the NFL.

Other than getting the hell of out of the way, there is very little I see that this current congress and executive branch can do to encourage job growth other than abolishing the current tax code and creating a very simple flat tax. Let corporations bring back in their money and create products here rather than overseas.

It isn't the economy that is preventing these companies from investing back in the US, it is the damn uncertainty of how much this current government wants to take for the "greater good".

[Munchmasterman]

Since “We the People” are the rightful owners of all federal lands, it sure would be nice to see us getting fair market value for the grazing rights, the mineral rights, revenues collected for road systems that public money built (Don’t forget that Rick Perry sold the toll ways that public money built as well as our state lottery to the Spanish. He has succeeded in seceding our assets), enforce and collect mineral royalties, etc

Can you say balanced budget forever, a well-funded military, and a share of the pie similar to the type that Alaska enjoys, for all Americans?

[CPT Savajo]

Vote in Ron Paul! Thats my thoughts on improving the economy!

http://www.youtube.com/watch?v=DOuGX...layer_embedded

[wellendowed1911]

Originally Posted by CuteOldGuy

Reverse the debacle of 1913, when Freedom died.

1. Disband the Federal Reserve System and return control of the money supply to Congress.
2. Repeal the 16th Amendment to the Constitution, establishing the income tax.
3. Repeal the 17th Amendment to the Constitution, providing for the direct election of US Senators, leaving state governments without any representation in Washington DC. Monaco has a representative in the US Capital, Kansas does not.

That's a start. More will have to be done, but this would get us more than half the way there.

COG just curious how does any of those 3 will create jobs???? Gosh the way Congress has acted recently I am not sure if Americans want them(Congress) in control of money supply.

[Laz]

Originally Posted by wellendowed1911

Ok all eyes are going to be on Obama next Thursday when he reveals his jobs plans.
Since we got people from all different political views just curious to hear what everyone thinks are good ideas to improve the economy- here are some of mine:
1) I think there has to be some type of big tax break for the middle class- the middle class are the ones who actually spend- the tighter their wallet- the less spending.

Additional tax cuts will not help at this stage. The massive deficits must be eleminated.

2) increase taxes on wealthy- obviously to create jobs- government has to collect money- remember the government sector is losing more jobs than the private sector due to the fact that the revenue is not there.

Increasing taxes on the wealthy will cost private sector jobs. Adding government jobs will hurt the economy becausse funding them takes money from the private sector where the same amount of money creates more jobs.

3) I like the idea that many economist are saying that Obama will perhaps have some plan that will have huge incentives for companies who hire UE people- believe it or not- there are a lot of companies who are sitting on huge amounts of cash, but they don't want to spend it due to the uncertainty of the economy- so there are thousands of companies who could hire people but are just too cautious to do so at this moment.

A company will hire people without any need for tax incentives if the additional personel will make them a profit. If you want to incent them to hire get rid of all the uncertainty that the government is creating with regulations and crazy policies.

4) Investment in infrastructure- no secret our infrastructure needs to be re-built- our bridges are old- streets are in bad shape- we could use a a super railway- those projects create jobs.

I agree to a limited degree. Any proposed project should have to have a cost benefit analysis performed to show that it will generate more economic activity than it costs. If that is done it will probably not require more than is being spent now. If you can show how a super railway is profitable then I might agree. Otherwise it is just more pork and bribery.

5) have some sort of programs that hep either college tuition or trade school- I lose interest and will never vote for any candidate regardless of party that supports cuts in education. Education IMHO is one of the last departments that should ever be cut- if you are concerned about America's future than is should make your stomach turn when you hear about education cuts.

I agree that education is the foundation of our future. However, all of the government grants have allowed the cost to skyrocket to the point that it is unaffordable. We need to eliminate the government handouts and force colleges to provide the services at a cost prople can afford. If you look at a tuition bill it is loaded with a lot of BS fees. Remember colleges are a business and will find a way to be profitable and provide an education at a price students can afford. They did it for a long time prior to all of the government subsidies.

6) I like Obama's plan during his campaign run of giving huge tax breaks to companies that don't outsource their jobs to other countries- there's no telling how many american jobs were sent overseas in the last 20 years alone.

Eliminate the policies that make it more profitable for companies to send jobs overseas and you will not need to give them tax breaks for hiring in the US.

7) America has to invest in other alternate clean energy- they have the potential to create thousands of good paying jobs

Potential is the key word there. We are killing jobs in the oil industry that we know works and is needed because we want "green" jobs that we know are not yet economically viable and will not be for between 10 to 30 years. How about increasing domestic oil production which creates jobs now and revenue to the government from royalty payments. It could also result in a lower cost of gas for cars which gives families more money to spend. We can then take some or all of the additional royaty payments recieved and fund R&D for these new technologies as well as fund improvements to the energy distribution methods that are cost beneficial. Now you get your green jobs potential we get more economic benefit now and there is no additional cost to the taxpayer.

Those are my ideas!!!!

P.S- regardless of your political affiliation I hope Obama and his advisers come up with some great plan to get the UE rate down- if anyone is cheering or hoping that Obama comes up with a bad plan that doesn't help UE Americans than you are a one minded jack ass- bottom line I could care less if a Republican, Democrat, Socialist, Atheist, or Communicst comes up with a plan- a good job is a good job and as long as Americans get back to work than it's a win for the U.S overall.

Like you I hope he comes up with a good plan. However, unless he has decided he has been going the wrong direction I have no hope other than we can hold on until he loses the next election.

[Iaintliein]

It's simple. Either kill EPA or put it on a very damned short leash.

Every currency in the world, including ours is on a de-facto oil standard. Put it in gear, allow development of federal lands and the continental shelf and we can become a net exporter of oil within five or six years and will have erased the debt within nine or ten (as long as we control spending).

[wellendowed1911]

Originally Posted by Laz

Like you I hope he comes up with a good plan. However, unless he has decided he has been going the wrong direction I have no hope other than we can hold on until he loses the next election.

Thank you for you responses some of your rebuttal was actually well argued- remember I don't nor does any one person have the solution for all the problems.
However, I thought- and I could be wrong that even if the U.S was too drill as much as we could possibly drill that it still wouldn't be enough where we WOULDN'T have to depend on foreign oil???
Surely the U.S doesn't have as much oil reserve as let's say Saudia Arabia or Venezuala correct?
I thought the purpose of "Green" jobs was so the U.S would or could get in the position of Brazil and not depend in foreign oil???

[Laz]

Originally Posted by wellendowed1911

However, I thought- and I could be wrong that even if the U.S was too drill as much as we could possibly drill that it still wouldn't be enough where we WOULDN'T have to depend on foreign oil???
Surely the U.S doesn't have as much oil reserve as let's say Saudia Arabia or Venezuala correct?
I thought the purpose of "Green" jobs was so the U.S would or could get in the position of Brazil and not depend in foreign oil???

I doubt we would be totally independant from foreign oil by drilling more but that is not the issue.

We would keep billions of dollars here which is a big help. The additional supply of oil on the world market would most likely drive the price down which would lower the cost of gas. That would free up money for everyone in the US to spend on other goods and services such as providers. That creates more jobs which generates revenue to the government and lower unemployment which decreases government expendatures.

If they use all or a portion of the royalties the government receives from oil bing pumped from federal lands to do the research to find a green technology that can replace oil and still be as economical as oil. Then we can make an orderly transition to the new technology and be totally independant from foreign oil. Remember that it will take a decade or more just to transition to a new technology once it is developed. Manufacturing will have to change, equipment that already exists will continue to be used until it wears out. The energy distribution process will potentially have to be rebuilt for the new technology.

Green jos is a nice soundbite but it is far more complex than some politicians want to believe.

P.S. Thanks for being open minded.

[CuteOldGuy]

I think with ANWAR and the oil shale reserves in North Dakota and Wyoming, we have plenty of oil to take care of ourselves. But I think there must be a better way to fuel our way of life. Oil is a 19th century fuel.

[waverunner234]

Just invest massive in solar power, fill all the deserts of CA, NV, AZ, NM, TX with solar panels and transport the energy with high voltage transmission lines underground to the grid. Then our own oil would be more than enough to kiss OPEC goodbye.

[Jackie S]

That is the key. And not some pie in the sky windpower and solar.

Coal, natural gas, and Oil have more stored BTU potential than any energy source except fissionable material. We need to use all of our resourses in developing more efficient ways to make use of these natural resourses.