President needs to be bold on jobs (unemployed, Congress, interviews)

[momonkey]

Originally Posted by nononsenseguy

It's ironic, isn't it, that he keeps talking about creating jobs while he has caused more job loss than any president in history! Look at the numbers of jobs lost because of his drilling "moratorium".

What an idiot! This guy is dummer than a a door knob, or he is doing it on purpose.

Closing profitable GM and Chrysler Dealerships?

Why?

For what purpose?

He has no effin' clue.

And the devaluation of an already weak dollar is the stupidest move of all.

Now no one has money left over after basic living expenses to buy anything.

The restaurants are dead because Saturday night's party money went into the gas tank on Monday, and a pizza in replaces a dinner out.

When Reagan restored the dollar's buying power in 1984, the economy boomed because we had money left over at the end of the week.

How is it no one in DC understands that?

[LetsRock]

Originally Posted by shorebaby

What does the government have to do with wages?

When the government increases the cost of doing business then companies have less to pay their employees.

[lorrysda]

Originally Posted by GregW

Is there any limit to the pure drek produced by the RWA's on this topic? Apparently not.

The Republicans do not care how much damage they can cause by their "No, Nay, Never" approach to anything proposed by President Obama so long as it get one of them elected in 2012. When that happens the looting will resume with a vengeance and the Christian reeducation camps will fill with Jews, Muslims, Catholics and Atheists.

Now these fools want to cut spending somewhere else if any emergency aid is to be provided to victim of Hurricane Irene. OK, let’s take some of the money being wasted (or all of it) and spend it rebuilding the Northeast. I doubt if the REA's will go along with letting the oil companies they own having to deal with the Afghani's on their own. Or spend any money on the “liberal Northeast.

Is there something about the fact that the only way to stop stupidity/foolishness/damage/etc. proposed by the Dems/Obama is to say not only NO, BUT HE!! NO! that you do not understand? For the umpteenth time:

NEVER compromise on what is right
NEVER compromise right when presented with wrong
ONLY compromise when it is neither right nor wrong and will do no damage

Thank God we have at least elected enough Republicans to stop the Dem and BO idiocy...to even think of compromising on their horrors is dead wrong. They need to be stopped dead in their tracks or this country will not survive.

[shorebaby]

Originally Posted by LetsRock

When the government increases the cost of doing business then companies have less to pay their employees.

Well, that's true. Government actions can influence wages, but they have no direct effect on them.

[Secchamps98]

Of course - huum,

Stimulus that did little to help unemployment, shovel ready jobs did nothing to help create new jobs. "Unemployment won't go above 8%....let the Govt Help!"

Health care - with new regulations and taxes that will slow hiring for now, at least in my business
Hundreds of new regulation which make it costly, especially for small business
Expansion of entitlement programs such as Food stamps

This is all detremental to job growth.

To create jobs - a few ideas from someone in corporate america...

1. remove regulatory barriers - how about Dodd Frank
2. Provide more certainty for business community, how about a 10 yr window to give confidence
3. Allow for repatriating of off shore profits back to us, at a lower tax rate, tied to target hiring amounts
4. Redo the tax code, so rates are lower, but loop holes removed, including reducing corporae rates
5. Invite real business leaders to participate in jobs round table instead of hand picked business supporters
6. Support all energy efforts, not just green which has little realistic opportunity to meet our needs in the next 10 yrs - so allow more drilling, etc. while providing private company incentives to continue to develop alternative energy sources
7. Limit unemployment time for checks - force those on unemloyment to go back to work - even if at a low wage job
8. Targeted infrastructure building, only if private sector can bid on jobs equally, and if only the lowest bid could win....no preference to unions

There is not one magic bullet, but one big point people forget is that perception is reality. As long as the Govt is percieved as anti business there is going to be a slow down in hiring. All of these ideas would not solve our crisis, but the Govt would be beeter off if they gave the perception they wanted to work with business instead of alwasy criticising them....especially for political gain...

[LetsRock]

Originally Posted by shorebaby

Well, that's true. Government actions can influence wages, but they have no direct effect on them.

Obama's FICA tax holiday had a direct effect on wages. It increased everyone's take home pay by 3% and is gutting the SS fund for future generations.

[momonkey]

Originally Posted by florida.bob

When the bottom 95% of the workforce has stagnant or declining incomes, we can clearly see that the GOP has known what to do, right? Well, for 5% of earners anyway.

How has the dollar's nose dive under Obama helped?



If I take home $900/wk and have $100 left over after I pay all my living expenses, that $100 will either be saved or I'll spend it. This saving/spending of this $100 causes the economy to grow.

If interest rates were higher (relative to inflation), more people would save money. The value of the dollar would increase and people would have more disposable income to save/spend. This was a center piece of Reagnomics.

Today we grow the money supply to fund government spending intended to stimulate the economy and keep interest rates artificially low hoping people will borrow, but there is no demand because disposable income is down because the money supply is increasing (see government spending intended to stimulate the economy) and low interest rates devaluate the dollar (see interest rates set artificially low hoping people will borrow).

The increase in paper currency devaluates the dollar causing prices to rise. As prices rise, our $100 of walkin' around money in decreased or even eliminated. Then we end up with GDP figures below 1% or potentially back in a recession.

Government cannot help because government doesn't produce anything of value. When they add to one end, they are forced to take it from the other. Since those who receive from government are typically not the productive class, spending on them doesn't resulting an increase of disposable income that can be used to grow the economy. However, cutting the taxes of a working person whose income is derived from the private sector will result in increased disposable income that will be saved/spent. Then all we have to do is cut government spending.

[shorebaby]

Originally Posted by LetsRock

Obama's FICA tax holiday had a direct effect on wages. It increased everyone's take home pay by 3% and is gutting the SS fund for future generations.

Of course it had no effect on wages, they remained the same. The government simply confiscated less.

[Wapasha]

Originally Posted by florida.bob

Robinson is correct, propose what is needed, not what the GOP will agree to.

On jobs, time to be bold - The Washington Post

By all means, be bold, Mr. President.

0bama needs to propose an increase in taxes by 5% on all rich Americans, those making over $150K a year. He needs to instruct his EPA, and other federal agencies, to enact new regulations aimed at coal -fired power plants, and water, and big rig trucks, and dust created by farmers, and residential window installation, and three inch long fish and farming equipment, and well, more and still more regulations, and while were at it, lets even have them write new federal regulations for migrant goat herders.

Nothing spells economic boom better then new tax increases and burdensome regulations.

[hamellr]

I'd like to see less complaining, and some actual real world examples of what can be done to increase jobs in the current economy? I want to see a solution that is outside of politics and doesn't favor one party or another.