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To: Son House

There is only one set of actions Obama has left to spur an immediate jolt to the jobs situation.

Unfortunately, for him, taking these actions would be utter political suicide.

These actions would be as follows:

1. Rescind Obamacare in its entirety

2. Unwind much of his recently enacted 4200 additional regulations which are equivalent to $1.75 of economic output.

3. Reduce the corporate and capital gains tax rates.

This will never, never happen under his watch.


14 posted on 09/03/2011 7:08:17 AM PDT by motoman
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To: motoman

...that would be $1.75 TRILLON in economic output


15 posted on 09/03/2011 7:11:16 AM PDT by motoman
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To: motoman
3. Reduce the corporate and capital gains tax rates.

Tax corporations on their gross at a lower rate instead of "net" - which allows for all sorts of accounting gimmicks that have some corps paying their CEOs more than they pay in taxes. (Verizon for one.)

It also cuts out all the taxpayer-funded perks. The corps can still hand them out, only they won't be tax deductible any more.

26 posted on 09/03/2011 8:35:25 AM PDT by Oatka ("A society of sheep must in time beget a government of wolves." –Bertrand de Jouvenel)
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To: motoman

Companies are flocking overseas to communist countries in order to rake the profits, all the while signing on the dotted line in a deal with the Devil.

This must be stopped.


38 posted on 09/03/2011 1:15:57 PM PDT by Soothesayer9
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