Posted on 06/23/2012 7:54:34 AM PDT by Uncle Sham
Look at my tagline, I must be living in hell. But suprisingly I was in the city today driving around and I’ve noticed a lot less Obama stickers than I did in 2008. Actually the only ones that I have noticed are old Obama stickers that are on old rusted out POS cars. It would be interesting to see how many are in Iowa today, I remember being in Iowa in 2008 I was attending college at U of I and I saw a lot if them.
I am hoping that they will concentrate equally on deregulating as much as possible in order to encourage start ups and hiring, as well as budget cutting. I would also like the president to un-sign Kennedy's executive order allowing the federal workforce to be unionized.
“I am hoping that they will concentrate equally on deregulating as much as possible in order to encourage start ups and hiring, as well as budget cutting. I would also like the president to un-sign Kennedy’s executive order allowing the federal workforce to be unionized.”
Agree! Other “short-term” actions such a Congress and Executive could take:
1. Immediately remove the “sunset provisions” of the Bush-era tax cuts, making them “permanent”.
2. Reduce the corporate tax rate to a level below the rates paid in other developed countries (or eliminate altogether, whichever is the most politically feasible)
3. Eliminate capital gains taxes
4. Rescind most, if not all, of Obama’s Executive Orders
5. Rescind the Affordable Care Act (Obamacare)
There are a myriad of other things they could do, but these things would be a good start, one that would provide an almost immediate jump start to the economy.
Then, within this fiscally conservative environment, the hard work of dealing with annual budget deficits and the longer term national debt would begin. This is where we will find out whether the people will agree to support reductions/reforms in entitlement spending, tax reforms, etc. Here is where I’m much less optimistic.
LOL
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