Hi
The unemployment rate in the United States is hovering about the 10 per cent level. That is the figure given by the White House and the mass media. For our purposes we can use that number.
The current administration does not seem to have a clue about how to go about fixing unemployment. I wish some one in DC would read this and consider these suggestions.
The so called stimulus bill did not help the rate of jobless but in actuality it increased the number of out of work people. Obviously that is not the answer. The way to get out of this mess is simple and time proven. Before we do any thing else we must cut taxes. Better yet, enact a flat or fair tax. Tax reductions give the people more spending power and that translates into more jobs. People spend the extra money which causes retail and manufacturers to produce more. It is a self serving solution. Former presidents have reduced taxes, ( Kennedy, Reagan and Bush ) and we got an increase in revenue in all cases. Coupled with the tax cut there must be fiscal restraint by the government. Spending must be reined in. This combination of tax cuts and curbed spendingwill work. The liberal left would have you believe that only the rich benefit, but, let me ask this question. What do you think the rich do with the extra money? Answer, they invest it and create jobs. Real jobs, unlike the government which only creates make work programs which produce nothing. Just ask yourself which alternative is better.
The economists use the term "laissez-faire" to describe this approach. Translated from the French it means "leave us alone". I trust the American people and know how far more than I trust the congress and the president.
Another step would be to remove the many regulations which make it difficult to operate a business. The president and most members of congress never had to balance a checkbook, live within a budget or meet a payroll. How can they possible be entrusted with the fate of our future. Our economy would be better off is these characters left us alone. American ingenuity will triumph.
In the future I will talk about other ways to improve our way of life. I hope you stay tuned in.
Keep on praying for our brave heroes.
GOD Bless
Tuesday, February 16, 2010
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