hello america! i woke up today only to find the following in my inbox &, it is something i just have to respond to.
"I have a question that only a good conservative republican can answer. Hopefully you can in a sentence or 2. I also believe in smaller government and less taxation, however, I don't understand how only tax cuts can end this recession. My confusion stems from trying to understand how tax cuts DIRECTLY helps people who are unemployed and how tax cuts help small businesses that operate in the RED like mine. Please do not tell me that small business will create jobs, because as I mentioned I and many others operate in the red and would not have any more money. Thanks."
first, the question is implied-never directly asked; secondly, i can't do justice to this peice in a sentence or two. but i will do my best to unravel your confusion.
i agree with smaller government & less taxes however, the present regime is going in the opposite direction. obama is 'growing' government at our expense &, if you care to remember, he said he was going to get rid of the programs & agencies that don't work---guess they work fine because in addition to those 30 agencies created by the "BILL", he created another 1 today for the auto industry. sure glad america wants to pay for them.
tax cuts by themselves won't stem the tide. they do need to be coupled with responsible federal spending. the "BILL" has exceedingly little responsible spending in it. yes, we have to take care of those unemployed & those needing medical or mental care---no argument there &, i applaud congress for putting it in there. however, obamas infrastruture projects won't be the 'be all' he rants & raves about. 96% of those jobs will be going to structured, unionized companies per obamas executive order.
the "BILL" contains crap in it concerning small businesses---&, this was one of obamas corner stones during his campaign. but, now that he has your vote, the hell with you. how he got this wrong i don't know but, when you can lay off at 300 or more people at once, you are not small business.
in a nutshell:::to fix this economy we need to keep government out of it. if the gov oversight agencies had of been doing their jobs with diligence, instead of accepting the donations from the big corporations, we would not be in this mess. there is plenty of blame to go around for both parties.
the banks, auto &, housing markets are beyond gov help. if they are left to figure out this mess for themselves (yes, even at the expense of jobs), they will right the ship. the only the gov should be doing is enforce its oversight obligations correctly.
this "BILL" does nothing to stem the flow of lost jobs &, until congress does something about it, jobs will continue to be lost. they have the 'power' to put a freeze on layoffs, etc. scary, isn't it. they even have the power to keep you from withdrawing money from your bank.
several things have to happen at once in order to turn this mess around:::companies will have to produce better & cheaper products in order to compete with foreign goods. this is especially true for the auto industry. they produce a cheap product (& charge you more) &, the nissans & toyotas beat them at their own game. our steel industry has gone to the crapper---german steel is rated better. why's that? &, it's cheaper. need another example---take the name brand sneakers & clothes made overseas & imported here. average name brand of sneakers is easily between $45-$90. it costs more to do the work here & sell it here---there's tax on every step of the process which needs to be lowerd or suspended.
lending institutions are going to have to 'forgive' certain housing loans or, suspend the force-outs indeffinitely.
there are no easy answers but, this "BILL" does not address the concerns of our economy. yes, there are some good things in it but, there is a lot in it that should not be in a stimulus package &, time permitting in the future, we can go into them.
as for the small businesses, perhaps you should write or call obama & remind him of his promises to you. other then that, you just have to hang in there & hope you can make it until better days. & no, i don't put stock in you guys bailing us out of this mess. however, i do recognize the need for you.
america, bailouts don't work but on the other hand, they open the doors for those getting them to come back for more. as it is, the lending markets are going to need at least another two trillion dollars to get rid of all that 'toxic waste'. the auto industry is already at the door with their hands out. the housing market goes hand in hand with lending markets. go figure.
