Clearly overdue is a plan to recover from the recovery. The government must take the lead and arrange the marriage of private and public capital to regenerate real growth. The way to do it is the old-fashioned way we used to do it, by investing in projects that enrich our productive capacity and employment through the well-known multiplier effect. Not to do that is to inflict still further damage on the economy. How long can we put off repairing and renewing? The investments should be tolled through user fees so as to produce revenues to service a good part of the debt.There is so much to do to get America back to the powerhouse it was:
•Invest in the national electricity grid and in a high-speed internet grid; in bridges, roads, tunnels, airports, and high-speed rail; in fracking; in education for science, technology, engineering, and math; and in training programs tied to unemployment.
•Add thousands of annual visas for foreigners with science and technology skills to work here, while allowing international graduates to stay rather than return home or settle elsewhere to compete against us.
•Simplify or abolish the regulations that foreign companies cite as the principal impediment to investing and creating jobs here.
•Broaden our tax base and get rid of loopholes, deductions, and credits and the inherent corruption related to them so as to enable lower marginal tax rates.
The Republicans should agree to this, but they won't.
Boehner's feelings are hurt, dontchaknow.
I still don't understand the whole "Fiscal Cliff" negotiations. If the "President his is revenue" as Boehner says over, and over, and over again - and Obama has agreed to at least some Entitlement reform, then what is the problem? These two sides are talking past each other.
The Sequester is going to cost 2 million jobs, hundreds of thousands of layoffs, and will gut a loyal Defense Dept that is already reeling from a $487 Billion cut that began 2 years ago in 2011.
The public is sick of it all. Now we have yet ANOTHER "cliff" crisis coming in another 25 days!
Reform tax rates and get rid of ridiculous things such as carried interest that even Conservatives like Michael Medved say are ridiculous.
Obama is a wicked, narcissistic homosexual, Boehner is an manic-depressive drunk, Pelosi is a delusional Marxist mafia princess, and Reid is a corrupt megalomaniac.
But if God could get through to even King Nebuchadnezzar, He can crush the hearts of these morons to make them do the right thing. They might, however, not want to keep testing His patience and see how that turned out.
In order to figure out what to fund and what to cut, you first need a BUDGET. It starts there. We haven’t had one since this creep took office. Make Reid get off his ass.
Budget first, then discussion. That is the line in the sand and I hope the Republicans hold to it.
The Sequester is going to cost 2 million jobs, hundreds of thousands of layoffs, and will gut a loyal Defense Dept that is already reeling from a $487 Billion cut that began 2 years ago in 2011. It will only result in job losses because Obama didn't take the advice of the debt reduction council; Harry Reid didn't put the House solution uo for a vote (twice); and finally, Obama demanded tax increases in return for spending cuts, then sat on his ass and did nothing to formulate "smart cuts" (which is actually only a reduction in the future growth of spending).
There doesn't need to be a single layoff (not that there shouldn't be a reduction in the size of the federal government). Here's my motto "Attrition and contrition". Freeze wages and when non-essential personnel retire, do not replace them. If we allowed energy development and got rid of all the over-regulations of that industry, the economy would be at full employment in two short years.
The Sequester is going to cost 2 million jobs, hundreds of thousands of layoffs, and will gut a loyal Defense Dept that is already reeling from a $487 Billion cut that began 2 years ago in 2011. It will only result in job losses because Obama didn't take the advice of the debt reduction council; Harry Reid didn't put the House solution uo for a vote (twice); and finally, Obama demanded tax increases in return for spending cuts, then sat on his ass and did nothing to formulate "smart cuts" (which is actually only a reduction in the future growth of spending).
There doesn't need to be a single layoff (not that there shouldn't be a reduction in the size of the federal government). Here's my motto "Attrition and contrition". Freeze wages and when non-essential personnel retire, do not replace them. If we allowed energy development and got rid of all the over-regulations of that industry, the economy would be at full employment in two short years.
The Sequester is going to cost 2 million jobs, hundreds of thousands of layoffs, and will gut a loyal Defense Dept that is already reeling from a $487 Billion cut that began 2 years ago in 2011. It will only result in job losses because Obama didn't take the advice of the debt reduction council; Harry Reid didn't put the House solution uo for a vote (twice); and finally, Obama demanded tax increases in return for spending cuts, then sat on his ass and did nothing to formulate "smart cuts" (which is actually only a reduction in the future growth of spending).
There doesn't need to be a single layoff (not that there shouldn't be a reduction in the size of the federal government). Here's my motto "Attrition and contrition". Freeze wages and when non-essential personnel retire, do not replace them. If we allowed energy development and got rid of all the over-regulations of that industry, the economy would be at full employment in two short years.