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Congressman Harold Ford Jr: A little advice for Obama at the half
Fortune Magazine ^ | November 18, 2010 | Former Rep. Harold Ford Jr, Chairman, DLC

Posted on 11/17/2010 10:24:24 PM PST by 2ndDivisionVet

Like any good coach, the president needs to make some halftime adjustments. Here are a few that will work.

Legendary football coaches succeed in large part because of their ability to make halftime adjustments when their teams are losing. At the halftime of Obama's first term, our country is down -- and so is my party.

As America's head coach, President Obama needs to make some big and smart adjustments to jump-start economic growth and business investment, stimulate job creation, and get wages up for ordinary Americans. The most important thing our leader can do is to push the reset button with business and not raise taxes on companies in a time of economic hardship. The U.S. economy and workers benefit from a strong, healthy relationship between government and business. America's most powerful job-creation engine, the private sector, remains under intense pressure from the uncertainty surrounding tax rates and new regulations, among other things.

As a part of the reset, the President and Democrats should make permanent the current middle-class, capital gains, and dividend tax rates; extend the current rate on top earners for two years; cut the corporate tax rate by half; and suspend the payroll tax -- for both employers and employees -- for six months starting Jan. 1 for all businesses with 500 or fewer employees. And as a compromise on raising rates on the top earners after 2012, the affected income level should be raised to $1 million from $250,000 -- and Republicans should accept a nine-month extension of unemployment benefits for those hardest hit by this downturn.

Second, the President should order his department heads and agency chiefs to declare a moratorium on new regulations until further notice. Whether true or not, business already believes that the Obama administration practices "If you can't legislate, regulate."

(Excerpt) Read more at finance.fortune.cnn.com ...


TOPICS: Issues; Parties; State and Local; U.S. Congress
KEYWORDS: 2010; democrats; economy; energy; haroldwashington; obama; recession; taxes
You'd think a former congressman who heads the DLC would know better than to think that Mr. Obama will do any of this. It's like expecting a whale to fly.
1 posted on 11/17/2010 10:24:31 PM PST by 2ndDivisionVet
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To: 2ndDivisionVet

Using football analogies on the Mextrosexual in Chief will not work.


2 posted on 11/17/2010 10:25:37 PM PST by Islander7 (If you want to anger conservatives, lie to them. If you want to anger liberals, tell them the truth.)
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To: 2ndDivisionVet

I wish he was their Obama.


3 posted on 11/17/2010 10:26:57 PM PST by ari-freedom (Islam is at war against America, while America is at the mall.)
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To: Islander7

I don’t think he follows the volleyball, as the say.


4 posted on 11/17/2010 10:27:09 PM PST by 2ndDivisionVet (Every decent man is ashamed of the government he lives under. ~Mencken)
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To: 2ndDivisionVet
Obama the coach, my ass. He's a waterboy for Soros.
5 posted on 11/17/2010 10:30:39 PM PST by fish hawk
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To: 2ndDivisionVet
I think Congressman Ford is assuming Obama has a plan to adjust.

Obama quoted the “famous political strategist” Woody Allen, who opined that “90 percent of life is just showing up.”

6 posted on 11/17/2010 10:41:00 PM PST by Irenic
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To: 2ndDivisionVet
Charlie don't surf... O’Bama don't do football.
7 posted on 11/17/2010 10:44:50 PM PST by Brucifer (Proud member of the Double Secret Reloading Underground.)
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To: 2ndDivisionVet

“The U.S. economy and workers benefit from a strong, healthy relationship between government and business.”

####

Which would mean a diminutive government which stays OUT OF THE WAY of businesses.

Government should in no way even approach an equal partnership with business which is what is implied here.


8 posted on 11/17/2010 10:46:35 PM PST by EyeGuy (RaceMarxist Obama: The Politics of Vengeance)
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To: 2ndDivisionVet

Ford is just a lowlife member of the old criminal Ford family
of Memphis.
Fortunately he was not able to con the white folks of middle and east Tennessee, in his bid for US senator.


9 posted on 11/17/2010 11:07:33 PM PST by AlexW
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To: 2ndDivisionVet

I don’t like how the Rats keep throwing out the extension of Ump for everything the GOP comes up with. It just covers the true damage that the leftists wrought. They are just back dooring a new middle-class welfare class.for them to mine for votes. Oh yeah, Screw Harold Ford. He is just another smooth talking leftist.


10 posted on 11/17/2010 11:12:23 PM PST by Lazlo in PA (Now living in a newly minted Red State.)
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To: Lazlo in PA

True. Folks like Ford think of themselves as centrists or “moderates” but are simply repackaging old Leftists goals.


11 posted on 11/18/2010 12:20:59 AM PST by Republic_of_Secession.
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To: Republic_of_Secession.

12 posted on 11/18/2010 12:51:07 AM PST by ari-freedom (Islam is at war against America, while America is at the mall.)
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To: Republic_of_Secession.

yeah they played a good game for many years. We took out half and let’s see if we can take out the rest in 2012 (for some reason, crazy Loretta Sanchez considers herself a Blue Dog but if her district is crazy enough to re-elect her, I guess we can count that seat as a loss)


13 posted on 11/18/2010 12:54:13 AM PST by ari-freedom (Islam is at war against America, while America is at the mall.)
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To: 2ndDivisionVet

I think a Kenyan folktale might have a greater impact on the Usurper.

If one ever saw Barry throw an American football, they would never stop laughing.


14 posted on 11/18/2010 1:33:06 AM PST by bigoil
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To: Republic_of_Secession.

Things must not be working out in New York for him. He sounds like he’s trying to appeal to Tennessee. He sounds about as conservative as Corker here.


15 posted on 11/18/2010 1:40:00 AM PST by scrabblehack
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To: AlexW
Ford is just a lowlife member of the old criminal Ford family

Makes me sick to think of him as vice chairman at Merrill-Lynch. I guess they know he knows how to steal with both hands. Churning accounts just isn't the golden goose it used to be .

16 posted on 11/18/2010 2:58:37 AM PST by kbennkc (For those who have fought for it freedom has a flavor the protected will never know .F Trp 8th Cav)
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To: kbennkc

“Makes me sick to think of him as vice chairman at Merrill-Lynch.”

Are you serious?? The Harold Ford from Memphis?
He has only the brains of a street thug...well, on second thought, we have one of those for POTUS.

GOD SAVE ASMERICA.


17 posted on 11/18/2010 3:03:03 AM PST by AlexW
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To: 2ndDivisionVet

Ford is 10 times smarter than Obama. He would also be 10 times better for America than Obama. That said, being a Dem, he would still be bad for America, but that just tells you about Obama..


18 posted on 11/18/2010 6:36:05 AM PST by Paradox (BO. The Epicest of Fail.)
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To: 2ndDivisionVet

Double speaking SOCIALIST, who now does NOT live in TN. :)


19 posted on 11/18/2010 7:46:27 AM PST by GailA (obamacare paid for by cuts & taxes on most vulnerable Veterans, retired Military, disabled & Seniors)
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