What should the president do move the economy forward?

[Bison 4 Life]

Next week he will propose new measures to move the economy forward.

What do you think he should do to get the economy jumpstarted?

Another but broader stimulas


A WPA or Jobs program


Tax cuts?



My thoughts on this. Another deeper stimulus is needed. The Summers crew that have his ear still has short term Wall Street profit in mind. Also don't call it a stimuls call it a jobs program. Forget Wall Street and go directly to Main Street. Also forget bipartisan ship. The GOP hates him, his policies and trying to find a middle ground with them is a wate of time.

[y04185]

if it is not a wpa program he should do nothing.

[soflorattler]

A WPA or Jobs program

[Ken]

The problem is if he does anything to benefit the economy the opposition will block it--both parties are about winning elections and being reelected not helping the people.  If the GOP takes the House or Senate will things change--no.  They will want tax cuts and decrease spending for the little man and for the rich cats anything they want.  If the Demo win, they will put too much pork in the bill to be beneficial.  What you will have is stalemate---more investigations of the New black panther party, birth certificates and the like , but no true change. 

[y04185]

Ken, if the democrats come up with a wpa bill with no pork the gop will have no choice but to vote for the bill.  Failure to do so would cost the gop seats in november.  Not a jobs bill.  A wpa bill.  There is a difference.

[eagle pride]

The problem is if he does anything to benefit the economy the opposition will block it--both parties are about winning elections and being reelected not helping the people.  If the GOP takes the House or Senate will things change--no.  They will want tax cuts and decrease spending for the little man and for the rich cats anything they want.  If the Demo win, they will put too much pork in the bill to be beneficial.  What you will have is stalemate---more investigations of the New black panther party, birth certificates and the like , but no true change. 

And this is what is really wrong with America.  But I must say, the less of the two evils seems to be the Democrates.  I am sick of racism and politics.

[Ramese98]

President can't do anything...its CONGRESS who is not doing anything andvoting in new members are not going to be any better because guess what they are inexperienced and will just be trying to hold on to the seat and the old ones cant let go....TERM LIMITS is the only true reform...

[oldsport]

Next week he will propose new measures to move the economy forward.

What do you think he should do to get the economy jumpstarted?

Another but broader stimulas


A WPA or Jobs program


Tax cuts?



My thoughts on this. Another deeper stimulus is needed. The Summers crew that have his ear still has short term Wall Street profit in mind. Also don't call it a stimuls call it a jobs program. Forget Wall Street and go directly to Main Street. Also forget bipartisan ship. The GOP hates him, his policies and trying to find a middle ground with them is a wate of time.

RESIGN!!!!!!!!!!!!!!

[Ken]

And we were have a good cerebral conversation , then some fool broke out of the nut house early this am ,and ruined a good peaceful discussiion.

[‘87 Alum]

We need to look at this short and long term.  The short term, stimuli type of tweaks are ok but won't have a measurable impact until we do some long term resolutions.  The below will impact all three determinants of the Long Run Growth Model - Labor, Capital and Technology.

1. Start repealing the mortgage interest deduction on personal income taxes.  Most will poo-poo all over the concept at first glance, but a 10% reduction per annum will rid the hyper and over inflation of most homes.
2. Cease the corporate tax breaks and credits, especially those that most companies write off against capital.  If the companies are heavily investing in R&D capital expenditures, then I'm fine with it.  Those are the only ones I'd like to see remain in effect.
3. Do away with welfare and other gov't subsidy programs that make folks not want to work.  Give folks an incentive to get off their butts and work.  At the same token, provide companies incentives to hire them, legally.  Now for those who really and truly need assistance, provide it, but these folks sitting around doing nothing and who could really do something....it's time to get to work....
4. Scale back the size of our govt as well as the pork barrel spending that occur in Congress

[Ken]

Those are good points--but I believe the welfare is a red herring--most people on welfare now have to work for their money and welfare is only 2-3% of our budget.  The big budget busters are medicare, social securtiy and defense---I don't know anyone in Congress who has the guts to tackle that.

[‘87 Alum]

Ken -

I agree.  But 2% is still a huge expenditure that can be reduced even further.  I also advocate looking at other programs that yield excessive abuse as well.  Most don't have the guts to do what is right and needed at this point.  They would rather continue the status quo of funking everything up and placing blame elsewhere.  This is why I'm voting against most, if not all, incumbents.

[Ramese98]

as a Federal Employee who deals with a few of the things mentioned...it is not the social services that is bearing down on us it is (1) taxes and tax code (2) healthcare (3) and exports vs imports (4) time we are going to have to invest in time, we gotta climb outta of this one and unfortunately NO PRESIDENT would be able to turn it around in less than two years.

[Ken]

and 56% of the welfare budget goes to social security and medicare.  Most people on welfare who ain't working are old  people and babies. 

[Maroon and Gray]

"....I don't know anyone in Congress who has the guts to tackle that.

This the problem with our politicians right now.  No guts to tackle anything.  It's only about getting elected.  I guess they don't think the unthinkable will every happen.  It's almost like we need an upheval in the whole gov't to get pass the in-fighting.