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Post by TW on Oct 23, 2009 8:17:02 GMT -5
First of all, let's start by saying that we are over 15% in unemployment in the greater Rockford area. Jobs? There are none. They're also continuing to dry up, week after week. The week before Christmas alone, I know of 800 people who will no longer be employed, and they aren't even part of the 15%.
Our Congressman has a "bright idea" as to how we can spur jobs. Or is he clueless? You pick. I already know.
From the Associated Press
ROCKFORD — A U.S. congressman from northern Illinois has unveiled a plan he says is designed to create jobs.
Republican Don Manzullo says he'd both cut taxes and end burdensome regulations he says stifle entrepreneurs.
His other proposals include increasing the meals and entertainment tax deduction for small businesses to 80 percent. He also wants to make it easier for small businesses to band together to purchase health insurance at more affordable group rates.
The 16th district representative says his solutions contrast the Democratic approach of trying to stimulate growth by spending more. He says that approach is failing. He says more than 3 million jobs have been lost since the $787 billion federal stimulus bill became law this year.
Okay! So what is he saying? Allow business people to take more of a tax break for "eating out?" Remove those "bothersome" regulations, like you need to have Green Cards or citizenship confirmation from potential employees?
Since Illiniois is one of the most polluted states, and the one that has absolutely no rights for the worker, what is it that he figures should be changed?
Talk about a moron... he wins... and I've supported this guy in the past.
We would do better with a trained chimp.
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Post by packerconvert on Oct 26, 2009 15:19:31 GMT -5
I would cut taxes so taxpayers can expend money where it needs to be spent instead of having our government take our "stimulus" money and study the long term effects of white women living as black men in Alabama.
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Post by bignutz on Oct 27, 2009 4:16:45 GMT -5
First of all, let's start by saying that we are over 15% in unemployment in the greater Rockford area. Jobs? There are none. They're also continuing to dry up, week after week. The week before Christmas alone, I know of 800 people who will no longer be employed, and they aren't even part of the 15%. Our Congressman has a "bright idea" as to how we can spur jobs. Or is he clueless? You pick. I already know. From the Associated PressROCKFORD — A U.S. congressman from northern Illinois has unveiled a plan he says is designed to create jobs.
Republican Don Manzullo says he'd both cut taxes and end burdensome regulations he says stifle entrepreneurs.
His other proposals include increasing the meals and entertainment tax deduction for small businesses to 80 percent. He also wants to make it easier for small businesses to band together to purchase health insurance at more affordable group rates.
The 16th district representative says his solutions contrast the Democratic approach of trying to stimulate growth by spending more. He says that approach is failing. He says more than 3 million jobs have been lost since the $787 billion federal stimulus bill became law this year.Okay! So what is he saying? Allow business people to take more of a tax break for "eating out?" Remove those "bothersome" regulations, like you need to have Green Cards or citizenship confirmation from potential employees? Since Illiniois is one of the most polluted states, and the one that has absolutely no rights for the worker, what is it that he figures should be changed? Talk about a moron... he wins... and I've supported this guy in the past. We would do better with a trained chimp. OK, Genius. Cut Taxes, Ease regulations, allow those that create jobs andd wealth to do exactly that! If Dear Leader Chairman Maobama would follow this guys plan it would be like rocket fuel to this economy. But of course that would mean giving up control.  When exactly is the stimulus money going to kick in and create some jobs?  |
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Post by TW on Oct 27, 2009 7:41:51 GMT -5
I'm afraid stimulus money will never reach those who really need it.
I'd like to see exactly how the increased write-off for business lunches is going to make a big difference in our economy though. Maybe we should have a no tax for seniors program on everything they buy, to stimulate their buying power.
It makes as much sense if not more, as a bigger write off for business lunches.
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Post by packerconvert on Oct 27, 2009 16:55:43 GMT -5
Senior tax abatement would only stimulate the service sector. We need to have real jobs and if I have to pay for some power lunches to get it done, so be it!
The douchebags in Congress are getting free meals in the cafeteria. Certainly, private businessmen couldn't do any worse by having tax write offs.
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Post by amoeba15 on Oct 27, 2009 22:08:44 GMT -5
Interesting, but... How to Create Jobs: Tax Credit v. Payroll Tax HolidayOfficial unemployment will likely cross the 10 percent barrier in the next few months, but if you count part-time and discouraged workers, you get something closer to 16 percent of the work force, which is horrible from any perspective and downright terminal for incumbents in 2010. Two of the most interesting ideas for fixing unemployment involve a payroll tax holiday and a tax credit for companies who hire workers. Which idea is better? In broad strokes, the difference is this: The tax credit would likely be smaller and more surgical, with the benefits going to companies to reduce the marginal cost of new hires. The payroll tax chops FICA taxes (your Social Security and Medicare contributions), which are shared by employers and employees. That means businesses would have more money to make hires and workers would have more money to spend. It also makes it a blunter instrument that lacks incentives as specific as "no money until you hire." business.theatlantic.com/2009/10/how_to_create_jobs_tax_credit_v_payroll_tax_holiday.php |
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Post by TW on Oct 27, 2009 22:31:32 GMT -5
It's kind of laughable that giving a write-off for a business lunch is going to launch jobs for the future.
But on a broader scale, increasing the spending capability of seniors makes a lot of sense.
It's funny. Special interest groups can offer up suggestions and they're supposedly logical. But let someone offer up a program that really deals with those who could use the help, and it's a hair-brained idea.
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Post by packerconvert on Oct 28, 2009 4:52:03 GMT -5
The best idea I heard was taking the 847 billion dollar stimulus money and give it back to the taxpayers to spend. I think the money would have gone exactly where it needed to go to get the economy back on track.
The home market would be fixed. New construction would be up. Service sector would be doing well. New orders would be up in manufacturing..blah blah blah and the gov would get a chunk back through investments and other consumer taxes.
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Post by packerfanfran on Oct 28, 2009 6:54:59 GMT -5
Stupid..oh wait..I thought this thread was about PC Never mind  |
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Post by brewerbruce on Oct 28, 2009 14:23:00 GMT -5
The best idea I heard was taking the 847 billion dollar stimulus money and give it back to the taxpayers to spend. I think the money would have gone exactly where it needed to go to get the economy back on track. The home market would be fixed. New construction would be up. Service sector would be doing well. New orders would be up in manufacturing..blah blah blah and the gov would get a chunk back through investments and other consumer taxes. PC I couldn't agree more. They should have given out vouchers to everyone for say $15,000 that could only have been used on the purchase of a new or used car. They should improve on this $8,000 to buy a new house....get the money into the hands of the people who will spend it in the areas that need the jump starts. |
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Post by TW on Oct 28, 2009 14:47:33 GMT -5
But I would have put a stipulation into the whole mess that said that the money for cars would be American companies.
That would have had Capitol Hill scrambling, since they get a lot of PAC money from foreign owned auto makers.
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Post by packerconvert on Oct 28, 2009 16:12:26 GMT -5
But I would have put a stipulation into the whole mess that said that the money for cars would be American companies. That would have had Capitol Hill scrambling, since they get a lot of PAC money from foreign owned auto makers. Agreed. |
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Post by TW on Oct 28, 2009 16:21:07 GMT -5
I keep shaking my head when I realize that both sides of the aisle doesn't want to understand that handing money off to the big boys doesn't do anything for anyone except their own pocket books. Nothing trickles down.
To make it really happen, the money has to get into the hands of the person on the street, who needs the fix.
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Post by packerconvert on Oct 28, 2009 16:36:00 GMT -5
I keep shaking my head when I realize that both sides of the aisle doesn't want to understand that handing money off to the big boys doesn't do anything for anyone except their own pocket books. Nothing trickles down. To make it really happen, the money has to get into the hands of the person on the street, who needs the fix. Again, I couldn't agree more. |
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Post by TW on Oct 28, 2009 16:38:43 GMT -5
I don't understand why it's so difficult for politicians to understand.
People who have money buy things. But, to have money, they need jobs. To get jobs, they need to buy things that will create American jobs, not foreign jobs.
Instead, they hand it to the big boys, and they bury it in their profits, and move more of our jobs overseas, then cry they ain't making it because nobody is buying. They forget that they caused the unemployment and money shortage in the first place.
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