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I would add to this a cut in corporate and personal income taxes (e.g., max of 30% on personal, 15% on corporate) to stimulate demand where it is REALLY needed...in the consumer's pocketbook.
1 posted on 08/17/2011 6:16:25 AM PDT by econjack
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To: econjack

Raise the debt ceiling “TEMPORARILY”?

Dear author: stop it, you’re killing me. My sides can’t take it, they’re going to bust.


2 posted on 08/17/2011 6:26:55 AM PDT by ProtectOurFreedom
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To: econjack

Get a balanced budget amendment.
Eliminate 90% of all government “administrations” FDA, NEA, EPA etc.

Make congressional employment a part time job. They assemble when there’s a war or imminent attack otherwise stay the hell out Washington.


3 posted on 08/17/2011 6:33:57 AM PDT by maddog55 (OBAMA: Why stupid people shouldn't vote.)
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To: econjack

(1) Import tariffs targeted against countries running trade imbalances with America, proportional to those trade inbalances.

(2) Blanket import tariffs.

(3) A far more aggressive US trade policy.

— fact is we are losing jobs, because we are not keeping jobs in the United States.


4 posted on 08/17/2011 6:37:02 AM PDT by Cringing Negativism Network ("Cut the Crap and Balance!" -- Governor Sarah Palin , Friday August 12 2011, Iowa State Fair)
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To: econjack

Its ALL been done before....see the Recession of 1920...following the first Communist attempts on America by Woodrow Wilson...

Warren Harding figured it out in 1920...

Congress and the Executive Branch have lots to do.

So far they’re not doin’ it right..

Its been done before..

Harding cut the government’s budget nearly in half between 1920 and 1922. The rest of Harding’s approach was equally laissez-faire. Tax rates were slashed for all income groups. The national debt was reduced by one-third. The Federal Reserve’s activity, moreover, was hardly noticeable. As one economic historian puts it, “Despite the severity of the contraction, the Fed did not move to use its powers to turn the money supply around and fight the contraction.” 2 By the late summer of 1921, signs of recovery were already visible. The following year, unemployment was back down to 6.7 percent and was only 2.4 percent by 1923.

http://www.firstprinciplesjournal.com/articles.aspx?article=1319&loc=r

BTW..ole Warren ALSO fixed immigration...

Mr. Harding signed into law the Emergency Quota Act[3] which sought to control immigration following World War I and preserve the distinctive American culture by ensuring the majority of immigrants came from the historically compatible cultures of Northern Europe. This law aimed to bring wages of hard working Americans under control by limiting immigration to 3% of the 1910 census. It was followed on by a similar act in 1924, after Mr. Harding’s death.[4]

A Warren Harding prescription...if filled ...would ignite the afterburners on the US job machine and the economy. However DC would have to yield on a tremendous amount of power. Our job as We the People...is to persuade them of the “utility” ..shall we say..of doing so. In all probability the same minds that made the mess...aren’t capable of the solution however.

BTW any takers that ‘Bammy couldn’t even tell you that Warren Harding was one of his predecessors in office?

Even more telling about what our betters in the RinoCracy think of a Constitutional President..

http://www.usnews.com/listings/worst-presidents/warren-harding


5 posted on 08/17/2011 6:38:24 AM PDT by mo
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To: econjack

Cap all federal employees, elected, appointed or hired, to $100K/year. No automatic raises either. All campaign funds not spent revert to the Treasury.


6 posted on 08/17/2011 6:40:55 AM PDT by NTHockey (Rules of engagement #1: Take no prisoners)
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To: econjack

Of course, people in power are more interested in shuffling the deck chairs rather than fixing the hole in the hull. Regardless of Party affiliation.

7 posted on 08/17/2011 6:47:29 AM PDT by Dead Corpse (For those who fight for it, life has a flavor the sheltered will never know.)
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To: econjack

ideas that will actually get implemented...

1) Create a Federal Department of Jobs

2) Adopt Paul Krugman’s idea to start a phony cold war against the Space Aliens

3) Increase spending on food stamps by 7 million percent since they return $1.84 to the economy for every dollar invested.

4) Create a REALLY BIG Federal Department of Jobs

5) Massively increase Social Security and Medicare funding and drop the eligibility age to 50 so that lots of people retire and open up jobs for younger people

6) Instruct the Department of the Interior to hire as many laborers as needed to fill in the Grand Canyon and then dig it out again

7) Seek increased funding for the newly created Federal Department of Jobs

8) Have the Federal Government pick up the full cost of college tuition so millions of people will flock back to campus and create a construction boom and massive hiring of professors and administrators

9) Ban ATM machines, self-service checkouts and push button elevators

10) Cut the Defense budget by 75% and shift those resources over to the Department of Jobs


10 posted on 08/17/2011 6:59:41 AM PDT by Buckeye McFrog
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To: econjack

A germ of an idea for social security and job creation popped into my mind the other day.
If people are gainfully employed, offer them the option to vacate their jobs at 55 years old and take their social security in a lump sum in the amount they have contributed. What they get is ONLY what they have paid in. They would have to agree to not sign up for any future government hand outs.They would have to have a good job history, etc. to be eligible for this option. This is a way out of the social security program for people who have lived life responsibly. It is also a way to open up the jobs they retire from and make the jobs available for younger workers to move up, which will leave lower tier jobs open to new workers. If it is true that people usually collect more money in social security than they paid in, giving it back in one sum would save money in the long run. Possibly make this a temporary, one time offer in conjunction with other permanent reforms to the ss system.

Further, if they start up an enterprise which creates jobs they would not have to pay taxes so long as they were the owner of the enterprise. This would also be a way to begin to walk back social security and seems more equitable than to just keep moving the retirement age upward which is keeping people in jobs longer, jobs which would be openings for new workers.

This may be a horrible idea for many reasons because I am not an economist and my understanding of these issues is not deep. However, this idea popped into my mind the other day and I thought well, it is at least a different approach and throwing it out there might spark a better idea. I realize there is an inherent contradiction in a program that has the purpose of getting rid of a program and I hesitate to put it out there and look like an idiot, so please don’t yell at me. I’m “just say’in.”


14 posted on 08/17/2011 7:34:55 AM PDT by Anima Mundi (I didn't say it was your fault. I said I am going to BLAME you.)
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To: econjack

Any list of this sort is sorely lacking if it does not begin with getting rid of the evil influence squatting in public housing at 1600 Penn’a Ave, Wash, DC.


16 posted on 08/17/2011 10:17:19 AM PDT by RobinOfKingston (The instinct toward liberalism is located in the part of the brain called the rectal lobe.)
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To: econjack

Start over at 0.

Only fund those things that are constitutionally mandated.

Defund everything else.


17 posted on 08/17/2011 6:38:35 PM PDT by TASMANIANRED (We kneel to no prince but the Prince of Peace)
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