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I agree that short-term deficits help reduce long-term ones if the money is wisely spent. Tom Send a noteboard - 09/06/2010 03:13:28 AM
However, there is no "jobs bill" around that will generate private sector jobs effectively. At least, not that I've seen go through our Congress.

The best way to help the private sector boost employment is through tax reductions, particularly for companies that hire or expand. Tax reductions or even tax holidays for new factories to offset the added cost of basing in the US. Eliminating franchise taxes, publication requirements and a lot of other silly make-work bureaucracy. Reducing unneeded regulation and beefing up on the number of regulators to ensure existing regulation works (I'm not a fan of new regulation - every problem in our financial sector could have been addressed if SEC, FINRA and other regulators were doing their job instead of downloading porn or just making coffee).

All this targeted spending that the Democrats are trying to put into these so-called "jobs bills" are massive pork, kickbacks and union-friendly shit that will help ruin our economy. The same thing goes for carbon exchanges - it's a massive fraud that enriches only the carbon traders. Big companies pass on the cost to the consumer, small companies go out of business.

Political correctness is the pettiest form of casuistry.

ἡ δὲ κἀκ τριῶν τρυπημάτων ἐργαζομένη ἐνεκάλει τῇ φύσει, δυσφορουμένη, ὅτι δὴ μὴ καὶ τοὺς τιτθοὺς αὐτῇ εὐρύτερον ἢ νῦν εἰσι τρυπώη, ὅπως καὶ ἄλλην ἐνταῦθα μίξιν ἐπιτεχνᾶσθαι δυνατὴ εἴη. – Procopius

Ummaka qinnassa nīk!

*MySmiley*
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I agree that short-term deficits help reduce long-term ones if the money is wisely spent. - 09/06/2010 03:13:28 AM 1757 Views
+1 *NM* - 09/06/2010 09:47:03 AM 158 Views
+2 ..... excellent post *NM* - 09/06/2010 03:36:52 PM 179 Views
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