Posted by
Steve on Wednesday, August 31, 2011 1:03:48 PM
Barack Obama says he is focused on creating jobs. To show how focused he is, he appointed a new Czar to help. The person he selected is from Academics, with no background in actually creating jobs in the private sector. In fact, this person is the one who thought up the cash for clunkers fiasco.
To pile on the idiocy of the appointment, Obama is set to announce more stimulus money in an attempt to get the economy going. Obama operates on the premise that if it fails the first time, do it again with more money and hope it works the second time. If it did not work last time, it is not going to work this time. Last time we wasted $800 Billion. This time we will waste more money and achieve absolutely nothing, if we are lucky. The last time unemployment increased. That would probably happen this time and we cannot afford more unemployment.
Barack Obama has no idea how to create a job that will stay around. Private sector jobs are the ones that get the economy rolling and stay around. Stimulus money might create government jobs in the short term, but not long term. Sooner or later, government money runs out. Private sector jobs can last many lifetimes before they need to be replaced, if they are done right.
The way to create jobs is really quite simple. What is holding back job creation right now is the uncertainty of future costs to the economy. Nobody knows how much Obamacare is going to cost. If you make more money, the government will just come in and take it. Both are incentives to sit on your money and not invest in growth.
To get the economy humming along at full capacity we have to get rid of the uncertainty in the market. First, get rid of Obamacare. That will insure that companies can plan for health care costs. Second, to lower health care costs nationwide, make health insurance portable across state lines. That will increase competition and lower costs. Third, lower taxes on the people that create the jobs. In fact, restructuring the entire tax code would help everyone. People that have a stake in this country want to see it succeed. People that just get handouts don’t care who leads as long as the handouts keep coming. The tax code should be restructured so that almost everyone pays some taxes. It does not have to be much, just enough to get their attention. Then, people will care about the kind of government that we have again. I promise you this, if these measures are done, the economy will be booming within two years. There will be no way unemployment will be anywhere near even 7%. Unemployment will most likely be close to 5 or even 4% after this plan is implemented. Democrats would never vote for this because they finally got socialized medicine through Congress and if they started taxing everyone, they would not be re-elected.
While those steps would be ideal, we can start moving in that direction. The closer we get to that ideal, the faster our economy will move. The closer we stay to the socialist model we are using now; we will continue to have a depression or most likely a depression.
Anyone who knows history can develop a plan to get our economy moving again. Once our economy is moving again, we can start working on the debt. If we keep the cost of government below the amount we take in, eventually we will pay off the debt. It can be done, even with Democrat opposition. But you have to have the right people running the show. That is why the 2012 election is so critical. If we elect someone who can put us on the right path we can salvage our credit rating and have a rosy future. If we re-elect Barack Obama there will not be enough of America left to salvage in 2016.