Free Republic

William Simon, President Ford's secretary of the Treasury, rightfully observed that the United States, "ought to have a tax system which looks like someone designed it on purpose." Unfortunately, we don't. Instead, our corporate tax code looks more like an abstract painting and the closer you examine it, the more it simply looks like a mess. Replacing this mess with a well-designed corporate tax code would do much to reinvigorate the U.S. economy and spur job growth. Two aspects of the existing corporate tax code are especially troublesome. First, the U.S. maintains the second-highest statutory corporate tax rate in the...

More evidence that Obama’s jobs plan isn’t resonating as much more than a reelection effort. As Greg Hengler at Townhall.com asks, what do you do when even your fans laugh at you?

President Barack Obama will present his “jobs plan” on Wednesday at a company that’s shipping jobs overseas. Obama is scheduled to present his “jobs plan” in Apex, N.C., on Wednesday at the headquarters of WestStar Precision. WestStar Precision is a high-end, specialty manufacturer that just opened a new facility in San Jose, Costa Rica, creating many new jobs there, but not in the United States. “Our main office and manufacturing facility near Research Triangle Park in the Raleigh/Durham area has approximately 11,000 sq. ft. of office space, production area and warehouse,” the company says on its website. “This facility has...

President Barack Obama will present his “jobs plan” on Wednesday at a company that’s shipping jobs overseas. Obama is scheduled to present his “jobs plan” in Apex, North Carolina on Wednesday at the headquarters of WestStar Precision. WestStar Precision is a high-end, specialty manufacturer that just opened a new facility in San Jose, Costa Rica, creating many new jobs there, but not in the United States.

At Ohio Rally, Obama Says Jobs Plan ‘Isn’t About Giving Me a Win’ One day after sending his latest jobs plan to Congress, President Obama said Republicans’ unwillingness to embrace it wholesale amounts to political “games” meant to undermine his bid for re-election. “Yesterday, there were some Republicans quoted in Washington saying that even if they agree with the proposals in the American Jobs Act they shouldn’t pass it because it would give me a ‘win,’” Obama told a crowd of 3,250 supporters at a rally outside a Columbus, Ohio, public high school. “‘Give me a win?’ This isn’t about...

On Thursday, September 15th at 2:00PM EDT, the White House will host a special “Open for Questions” event. Last week, President Obama unveiled the American Jobs Act before a Joint Session of Congress and yesterday the President sent the American Jobs Act to Congress. This plan puts more people back to work and puts more money in the pockets of working Americans. On Thursday, September 15th at 2:00PM EDT Obama Administration officials will answer questions submitted through Facebook, Twitter, and the White House website during a live event that you won’t want to miss. Participating Obama Administration include: •Jason Furman,...

Not making this up. 25,500 pages regulating your entire life, moment to moment. Strict fines and/or imprisonment for violations.

Obama's top political adviser David Axelrod said Tuesday that the administration was unwilling to break up the president’s $447 billion jobs plan if Republicans were only receptive to passing certain elements. "We're not in a negotiation to break up the package. It's not an a la carte menu. It's a strategy to get this country moving,” Axelrod said Tuesday on ABC's "Good Morning America." "The president has a package; the package works together. We need to do many things to get this economy moving," Axelrod said. Republicans have been reluctant to embrace the bill, in particular its plan to rely...

White House says Obama would sign pieces of jobs package By Sam Youngman - 09/13/11 12:15 PM ET President Obama wants Congress to pass his jobs bill as is and quickly, but he would not veto individual bills if Congress broke the American Jobs Act into pieces. Senior administration officials said that if House Republicans were to separate the employee payroll tax cuts, for example, Obama would sign that bill and then demand that Congress move forward with the rest of the package. The comments reflecting thinking inside the White House seems to break from Obama's Chicago campaign headquarters. Senior...

President Obama is politically insane. This is the real meaning of his speech Thursday night in front of a joint session of Congress. Albert Einstein defined insanity as doing the same thing over and over, expecting a different result. By that definition, Mr. Obama is a lunatic leftist. Much of his speech called for more of the same — government activism; massive spending on infrastructure, bridges and roads; extending the payroll tax cut; and more public aid to states and municipalities. In short, he seeks to perpetuate the dismal policies of Obamanomics. He is a reckless ideologue masquerading as a...

Time for President Obama to wake up and look like he’s doing something about jobs again! Today, he’ll take to the Rose Garden with “teachers, police officers, firefighters, construction workers, small business owners and veterans” —read Big Labor supporters with a few non-union tokens tossed in —as he wags his finger again at Capitol Hill to pass the jobs bill. Which, er, he’ll finally get around to sending to Capitol Hill later tonight. President Rerun will be quite busy this week, rehashing his warmed-over porkulus plan across the country. President Obama will again press Congress to pass his American Jobs...

Jarrett: No Jobs Bill Yet; "President Is Going To Draft The Legislation" Valerie Jarrett, White House senior adviser, talks with Rachel Maddow about the significance of President Obama's jobs plan to his presidency and what his plan is for its passage. Jarrett implies the complete jobs bill has not been fully written yet, however it will be by next week and the President will submit it to Congress for cost scoring. "Congress should pass this bill right now," Jarrett said on MSNBC. No more than one minute later, Jarrett said the White House is still writing the bill and it...

President Barack Obama plans to send the text of his jobs bill to Congress on Monday night, a White House official said Sunday. At a Rose Garden ceremony Monday, the president plans to announce that he will send the American Jobs Act to Congress at the end of the day, after both houses come back into session.

The dismal state of the economy is the main reason many companies are reluctant to hire workers, and few executives are saying that President Obama’s jobs plan — while welcomed — will change their minds any time soon. ... As President Obama faced an uphill battle in Congress to win support even for portions of the plan, many employers dismissed the notion that any particular tax break or incentive would be persuasive. Instead, they said they tended to hire more workers or expand when the economy improved. Companies are focused on jittery consumer confidence, an unstable stock market, perceived obstacles...

Full Title: Valerie Jarret: ‘Pass This Plan Right This Minute’, Details to Follow The White House continues to press the message that congress should pass President Obama's jobs bill immediately despite the fact that there is no actual bill yet and the details on how the president expects to pay for the bill won't be revealed for over a week. Discrimination etc. http://www.breitbart.tv/valerie-jarret-pass-this-plan-right-this-minute-details-to-follow/

Rebates on social security taxes will not create any jobs, let alone the 1.5 million to 2 million that is projected. To create jobs in private business we need structural reforms that will permanently make businesses more competitive such as health care reform and scrapping numerous union work rules. When it comes to public work projects, assuming the projects are needed, the goal should be to get the most work done as possible for the least cost. For example, it would be far better to hire two or three workers for $13 an hour than 1 person for $39 an...

...The only people who will benefit from this bill are bankers on Wall Street who are in line to earn huge fees on the infrastructure deals that get funded by the new national infrastructure bank. While the official U.S. Bureau of Labor Statistics (BLS) unemployment rate in August was 9.1%, down from its peak in October of 2009 of 10.1%, the real rate of unemployment including both short and long-term discouraged workers is now 22.8%, up from 22% in October of 2009 and a new high since the Great Depression in 1933. By further impeding the free market, Obama's bill...

WASHINGTON (Reuters) - President Barack Obama, facing waning confidence among Americans in his economic stewardship, will lay out a plan on Thursday that will have a "quick and positive impact" on job creation, the White House said. Confidence in Obama's management of the economy has been hit by months of bad economic news and several polls on Tuesday showed fresh declines in his job approval ratings. Obama, a Democrat, hopes to start reversing this trend in an address to a joint session of Congress on Thursday, in which he will try to convince voters that he has a better economic...

Still, that sampling irregularity has no effect on the trend, which clearly shows that the U.S. recovery is deteriorating. Signs of a continued deceleration add to the pressure on President Barack Obama, who is putting the finishing touches on a highly anticipated jobs plan, and all but guarantees the Federal Reserve will try further measures as it struggles to fulfill its mandate to bolster hiring. America’s economy has failed to create enough jobs to keep up with natural increases in the labour force for four consecutive months, a number than economists say is about 100,000. Over that period, employers added...

The fix is nearly in. There's a ballooning consensus in the nation's capital that America must begin serious spending on infrastructure. There's no need to draw on our maxed-out national credit card to pay for it all, proponents argue. User fees and the creation of an infrastructure bank to leverage private investment will provide an estimated $1 trillion in required upgrades. Led by the Obama White House, the push for infrastructure spending has produced unlikely bedfellows. The U.S. Chamber of Commerce and AFL-CIO -- intractable foes on most other issues -- are one such pair. Tom Donohue, president and CEO...