Saturday, July 9, 2011

Restoring Economic Growth & Job Creation In America

The United States may in fact be entering a double dip recession because Socialist President Obama refuses to implement pro-growth policies and instead is doing everything possible to kill jobs.  The end result is about 17% real unemployment when all are counted including the unemployed, the under employed, those working part time that want full time work and those that have simply given up looking for work altogether.  There are about 25 million Americans in these categories.  If we are ever going to go back to a full employment economy with GDP annual growth of 5% or more, we have to do the following things:

1.  Develop a 50 year energy plan that will finally make the United States energy independent.  It must include the development of all energy sources in our country including drilling for more oil, oil shale, natural gas, clean coal and nuclear energy, along with renewables that are not economically feasible today.   We need cheap energy to grow the economy.   It will not happen any other way.
2.  Make the Bush Tax Cuts and current Estate Tax permanent to bring certainty to the marketplace.
3.  Eliminate the Capital Gains and Dividend tax for at least 5 years to spur investment in the US.  Afterward, impose a Capital Gains and Dividend tax rate of no more than 10%.
4.  Lower the Corporate Tax rate from the current 35%, the second highest in the world, to 20% to be competitive with other industrialized countries.  This will help bring manufacturing jobs back to America provide the EPA, that is destroying jobs, is reigned in. 
5.  Repeal ObamaCare that hangs over business like an anvil.
6. Cut federal government spending in the next five years to no more than 17% of GDP from the current 25%.   This can be done by eliminating about 500,000 federal government jobs, by attrition, and getting rid of many redundant agencies, commissions and departments of the federal government.
7.  Eliminate all federal regulations that are job killers. 
8.  Eliminate all federal subsidies and allow the free market to prevail.  That means no subsidy for ethanol among many others "green" technologies.
9.  Stop all the borrowing and deficit spending that is bankrupting our country to curtail additional interest on the National Debt.
10.  Pay off the current $15 Trillion National Debt in the next ten years to get our house in order.
11.  Reform Social Security and Medicare to give those under 55 years old more choices.
12.  Implement User Fees for various government services.
13. Build infrastructure like roads, bridges etc. using bonds paid for by tolls over the life of the asset.
14.  Reform public education to reward excellence and eliminate mediocrity.  That probably means ending tenure for teachers.
15.  Secure our border to prevent illegal aliens, drugs and Terrorists from entering our nation to saves billions of dollars each year.   
16.  Maintain a strong national defense.

If we do all of the things listed we will see economic growth and job creation again in America.   Of course, none of these things will happen as long as Obama is in the White House and his Socialist pals control either House of Congress.  For that reason and for the good of our nation and our people, we must make Obama a one term President in 2012 and sweep other Socialists out of office at all levels of government in 2012 and 2014.  

We must elect rock solid, common sense Conservatives in 2012 and 2014 that support free market capitalism, limited government, lower taxes and less regulation, a balanced budget, term limits, real energy, education and health care reform, a strong national defense, including securing our border and fighting Terrorism, the right to bear arms, the sanctity of life and family values that are the foundation of our nation.   This is the platform supported by the majority of the American people and the only way to restore economic growth and job creation in America.  

We must take back our country in 2012 and 2014 to prevent the bankruptcy of our nation.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   It should be pretty obvious by now that Socialist President Obama is a clear and present danger to our nation.   Obama has to go to get our country back on track!  

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