I have waited several days to give my view of Obama's so-called jobs plan. I did not expect his plan would put people back to work, but I hoped he would not propose a plan that will make the situation worse. With unemployment not improving and no recovery in sight, the president wants to take some 450 billion from the people who are working and spend it, most likely misspend, by the government. The old Indian trick, cut one end of the blanket off and sew to the other end to make it longer. Obama must sincerely believe, despite all evidence to the contrary, that the federal government can create jobs better than the private sector. He can create his jobs by giving workers a shovel and let some dig holes while others fill them in.
Our nation is in trouble and conditions are going to get much worse. Everything from gas to food is going up, and people who have jobs must not only pay the unemployed but are saddled with the enormous obligation to pay those who have retired.
Some actions can still be taken that will bring about a recovery and put some people to work, and most of these actions cost nothing. Several individuals and organizations have made excellent proposals. Most vital is for the government to get out of the way. Abolish the stifling EPA regulations. Do away with Obamacare. Sign the three free trade agreements on Obama's desk. Turn the coal and oil and gas industries free to produce and create jobs. Cut the corporate tax from 35 per cent; 10 per cent of something is better than the 35 per cent levied but avoided by General Electric. Corporations have about l.2 trillion dollars overseas; give them the opportunity to bring that money home tax free if they will put it to work here.
We can save this nation from a economic horror never before seen if Democrats will put the welfare of the nation ahead of pleasing Obama and support measures that will work. If Obama's spending proposals are approved and nothing is done to free business from strangling regulations, we'll get higher unemployment and a nation with a shattered economy.
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