Best quote I’ve read about this whole “Jobs Summit” nonsense, over at National Review’s The Corner:
Obama’s Jobs Summit will fail because “it doesn’t take a village to create a new job. It takes a businessman trying to make another buck.”
So to reiterate basic ideas that any economic idiot like myself can understand:
To create jobs …
(1) Cut taxes! Cut them for businesses and cut them for individuals! Cut ’em and watch government revenues actually rise!
(2) Drop the health care overhaul nonsense! Preferably for good, but if you absolutely have to ram some form of socialism down our throats, wait till the economy is growing at least 5% per quarter and employment drops down to around 5%.
That’s it! That’s all that has to be done! Oh no, wait, there’s one more thing:
(3) You love making speeches. All right. Immediately after you cut taxes and “postpone” health care “reform” via executive order, go on primetime teevee and make a speech about it. Then, go on ABC NBC CBS CNN PBS MSNBC, your friendly turf, and then FOX, and announce these new efforts. Then, sit down and yak with the New York Times, the Washington Post, the LA Times, etc, etc, etc, and convince us you mean it. Heck, go on a traveling tour of all 57 states and speak as much as possible to everybody with a camera or a microphone how you want a robust, vibrant, growing, capitalistic business economy.
Now I ask with all sincerity: How can this fail???
That’s my take. And you don’t have to waste $10 million or whatever on a phony Jobs Summit to hear it.
One last item: tune in to Limbaugh’s show today, if you can, for some media balance. He’s having only unemployed people, people like myself, call in with their ideas on how to “create jobs.”
Or you can go here to see Mitt Romney’s 10-Point plan to lift the economy. (Obviously, it’s a lot more developed and in-depth than my Jobs Creation for Dummies program …)
1 more thing. Since the whole climate alarmism gig has been shown to be a scientific fraud (I think their is a blog topic in there regarding science now requiring the same leap of faith that religion does), get off the "cap and trade" kick that would truly strangle economic growth.
ReplyDeleteUncle
In response to Twit Wrongney, here is my 10-point plan:
ReplyDeleteThe president's economists insist that technically, the recession is over. But double-digit
unemployment was neither prevented nor has it ended. To get people back to work as rapidly
as possible and to restore America's economic vitality, the nation must change course.
Here's the advice I would give:
• Don't listen to Mitt Romney.
• Rein in the Cult of Free Trade: Free Trade isn't free, we're paying for it with out
future. Impose wage-differential import tariffs to level the playing field. American
workers can't compete with Third World wages.
• Increase income taxes on the wealthy - by at least $1 trillion per year. Use this money
to eliminate the deficit spending, and pay down the national debt.
• Carbon tax - consider one. Oh, and have I mentioned not listening to Mitt Romney?
• Eliminate anti-Union laws. Breaking the Unions was the first step in shipping our economy
overseas.
• Nationalize health care under a German-style single-payer model.
• New spending should be strictly limited to items that are beneficial to the American
people, rather than coporate interests and Republican campaign contriburors.
• Roll back the regulation of out financial system to what it was before 1980: reinstate the
Depression era laws which prevented the very meltdown we recently experienced.
• Impose Protectionist laws designed to retain and rebuild the American economy. If the US
Government is not protecting American interests, it isn't really **our** government, is it?
And, dee step 2 (above). I can't remember, but have I mentioned not listening to Mitt
Romney?
• Exclude the private sector from fields of critical social and/or strategic importance
(such as health care, for example).
The 10% unemployment crisis hangs like an albatross around the Republicans' neck: If you
follow the advice of the people responsible for creating this disaster, the economy will
never improve and only more Chinese jobs will be created. In order to most rapidly re-employ
all Americans and to speed a strong recovery, the president must ignore the ideas that got
us here. If he does not, Republicans will have accomplished their goal of destroying this
country - it really won't matter who wins the next, or any subsequent, election.
and if all that doesnt work, the teleprompter-in-chief will ensure his economists are as adept as the Climate Research Unit scientists. We'll have job growth in no time.
ReplyDeleteLet's tax ourselves to prosperity. Yeah that works.
Uncle
@ Anonymous 12/3 6:57 pm:
ReplyDeleteObama’s been in office for 10.5 months now. When does it officially become his recession? After 1 year? 2 years? How long does he get a free pass for the rising unemployment and plummeting GDP since January 20, 2009?
I fail to see how your suggestions would jump start our economy. I think businesses are frozen in a no-hire mindset because they are afraid Obama may actually try some of the things you suggest. Let's exercise some common sense here: businesses are not in business to hire people; they’re in business to make a profit, which is a good thing. Once they're profitable, then they hire more people to make more profits. How do your suggestions enable them to do this? Or do you envision us all eventually working for the government and having most of our earnings confiscated to pay for … our earnings, I guess.