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CHECK YOUR CONGRESS

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Fixing the System
Articles Posted: 6  Links Seeded: 2
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Economic Disaster Approaching: Both sides have it wrong.

Sat Sep 17, 2011 1:47 PM EDT
market, economy, tax, jobs, job, medicare, politics, unemployment, reform, social-security, debt, spending, revenue, politician, republican, employment, democrat, marketplace, special-interests, loopholes
By Check Your Congress

Live Poll

What must we do to resolve our sour economic conditions?

View Results
  • 159884
    Government must cut spending in any way it can.
    18%
  • 159885
    Government must increase revenue in any way it can.
    6%
  • 159886
    Government must do everything it can to create, foster and allow for employment of anyone that wants a job.
    45%
  • 159887
    Nothing. The problem will work itself out on its own.
    15%
  • 159888
    Other
    15%

VoteTotal Votes: 33

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At this time, nearly every American sees an economic doomsday approaching.  President Obama and leading Democrats present us with solutions geared toward increasing the revenue our government receives.  Leading Republicans present us with solutions geared toward reducing the amount of spending our government does.

Our nation does NOT have a spending problem.

Our nation does NOT have a revenue problem.

Our nation does HAVE an employment problem.

If all who want jobs, had jobs, government would experience decreased demand for spending.

If all who want jobs, had jobs, government would experience increased levels of revenue.

 

Tinkering with stimulus spending and Tax Code manipulation will not make companies hire new workers.  Only increased sales demand will make companies hire.  The consumer will not offer such increased demand until unemployment numbers drop.  As long as we continue to see negative employment data, no consumer will EVER feel confident in making any big-ticket purchases.

 

The sun of our marketplace is at an impasse, slowly dying.  Politicians of BOTH parties are on different planets, focusing on fighting against the effects of the impasse.  Neither side is focused on resolving the actual cause of the problem.  Our nation has an employment problem.  The end result of refusing to focus on resolving the impasse itself will truly be a global economic meltdown.

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  • Public Discussion (10)
btco

Jobs is right.

  • 4 votes
Reply#1 - Sat Sep 17, 2011 5:08 PM EDT
Tom-VermillionOhio

btco, let me fix that for you.

Jobs is correct... ...because everything 'right' these days is 'wrong'.

See??? All better now.

Your friend

Tom

  • 3 votes
#1.1 - Sat Sep 17, 2011 5:51 PM EDT
Reply
Tom-VermillionOhio

First, it is agreed that the number priority of all legislative jurisdictions throughout the land, has to be keeping their respective constituents gainfully employed or maybe better put, gainfully incomed with meaningful occupations unique to each of every individual as they themselves see fit and are capable of. Secondly, it is true that no matter what legislations are enacted, there will always be those who get too much for too little actual or real product/service output by those individuals. Thirdly, most Americans will dedicate their time, their unique talents, faithfully to receive fair compensation for the work that they have done during the time periods they are actively on duty for the institution(s) they perform their services to. In other words, the vast majority of Americans will do what is expected of them, so long as they get a fair and reasonable 'shake'. Fair days work for fair days pay.

The government is actually the only who can garantee this, absolutely, so long as it's written into it's laws. Our government, after all, is supposed to be forever, isn't it? That is, of course, if it isn't crushed by unforseen forces, beyond the governments control.

(To be continued, below) Fiat Currentcy, the 'sweat-equity' part of our currency. What it takes to earn a dollar. What is the difference between being paid out of the US Treasury vs being paid out of private accounts. (Note that I'm developing an idea here compatable with the author's well put essay, above)

  • 2 votes
Reply#2 - Sat Sep 17, 2011 8:54 PM EDT
Check Your Congress

Thank you Tom ,,, I am listening for your idea.

Ideas ... new ones ... are what we need.

    #2.1 - Thu Sep 22, 2011 8:25 PM EDT
    Reply
    MLCook

    I am a retired government worker who put one heck of a lot of what could have been discretionary spending in my 401K. In fact, I put the maximum in for many decades.

    So what do I desire now? Not a new house, my present house is wonderful, even fabulous because I am deeply into DIY and own most every specialty tool available AND I USE THEM REGULARLY.

    I desire an RV because I updated my house with an RV parking spot/blackwater drain station and because wife and I wore out two previous RV's criss crossing USA and Canada. I am awaiting only the secondary market to give a high end premium model one away to me like I want.

    I desire a C-7 Corvette. Why? Damfino. I usually cruise at 55 mph but I like for impatient younger people to know I could put the hammer down and and vanish out of their sight in a puff of burnt rubber if I really wanted to. My price point is 40K for used 430 hp with six speed paddle shifter, which is nearly within reach nowadays. What a wonderful country!

      Reply#3 - Sun Sep 18, 2011 2:16 AM EDT
      DoctorNorm

      I could have sworn that Obama's plan consisted of a number of ideas to create jobs. The revenue part was thrown in to satisfy the blood thirst of Republicans (including, of course, Tea Party Republicans.) It was not created to specifically increase revenue, although creating jobs will most certainly do that. I don't really understand where you got that bizarre idea.

      • 1 vote
      Reply#4 - Mon Sep 19, 2011 10:47 AM EDT
      Robert in Ohio

      Doctor

      Let's see

      temporary payroll tax rate reductions for employees
      temporary payroll tax rate reductions for employers
      temporary tax incentives for hiring the chronically unemployed
      temporary tax incentives for hiring veterans
      temporary tax incentives for "retraining on the job" the unemployed
      temporary funding to maintain public sector union jobs

      The infrastructure projects portion is about creating new ans some sustainable jobs, but the items above are temporary fixes that push the problems past the 2012 elections so that Obama does ot have to deal with it

        #4.1 - Mon Sep 19, 2011 10:54 AM EDT
        Reply
        DoctorNorm

        I guess you are unfamiliar with the economic concept of a growth spur. Of course these things are temporary. We need things that start job growth growing. That's the whole idea. If these ideas work, then a year or two down the line they're not needed anymore.

        The point of the article is that it (incorrectly) states that the Obama Plan and hence the Democrats' plan is merely to raise revenue. Nothing you list in your response does that and nothing could be further from the truth. These are the things Conservatives/Republicans love: tax cuts. So what are they complaining about?

          Reply#5 - Mon Sep 19, 2011 2:16 PM EDT
          Robert in Ohio

          DoctorNorm

          In the plan released today Obama is proposing permanent tax increases that will pay for these temporary tax reductions and incentives

          How is that for irony

          And there is no empirical evidence that shows that these activities will create an economic growth spurt, we have tried some of them in the past 2 1/2 ears and no sustainable growth or improvement int he economy (of consequence) was created. Unemployment remains high, the housing market remains bad, inflation is coming and no one is lending or borrowing money to expand businesses.

            #5.1 - Mon Sep 19, 2011 3:33 PM EDT
            Check Your Congress

            Thank you Robert. Anyone that believes the Dems are not trying to increase taxes (revenues) is fooling themselves.

              #5.2 - Thu Sep 22, 2011 8:33 PM EDT
              Reply
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