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The Obama Economy Needs Real Change

Bookmark and Share   As the federal government claims the national unemployment rate still remains at extremely high 9.5% a poll by Gallup finds that the percentages of American that are either unemployed or working part time but wanting full-time work stands at a significant 18.3%

The Gallup numbers reflect a more accurate overall picture of the dismal econo0my that President Obama continues to plunge us into.

For the federal government, the data they gather to reach the unemployment rate only includes those who are collecting unemployment. It does not include those who are still unemployed but have exhausted their 99 weeks of extended unemployment insurance benefits. It also doesn’t account for those who have decided to not file for unemployment but have taken part-time jobs as a means to survive until they can find full-time jobs.

In total, the Gallup poll reflects a more realistic picture of the current job market and it is a dismal one.

Between the number of those who are actually unemployed and the number of those who have accepted part-time jobs to survive, it is easy to see that are economy is going nowhere. This 18.3% rate of underemployment signals 18.3%, nearly a quarter of the American population which is not practicing traditional spending habits and purchasing their normal share of goods and services. This lack of purchasing power only perpetuates the vicious cycle of “un” and “under” employment.

With fewer people making purchases and fewer people making as many purchases as they use to, demand remains low and as demand remains low, so does productivity. Low productivity means fewer jobs and less purchasing power, all of which feeds into this vicious depressing economic cycle.

President Obama’s answer has been to allow to go up, increase the amount of spending on federal entitlement programs and throw hundred of billions of dollars into temporary government projects that do not bring a return on the dollar and only offer a small number of jobs that are temporary.

The Obama economic stimulus plan is no longer even the Band-Aid that it once was in 2009. In 2010 that Band-Aid has been sweated off through the exertion of continued unemployment and the continued lack of productivity.

Since April of this year, the underemployment rate has dropped from a high of 20.4% but since then it has leveled off at 18.3% where it remains today.

Clearly, federal spending programs are not the way to go. The only thing attempts to spend our way into prosperity are doing is exacerbate our explosive national deficit and dangerously high debt.

It’s time we admit that trying to stimulate the economy with deficit spending is not smart. It’s liberal lunacy.

The federal government must accept the fact that the only truly sustainable economic recovery that we can strive for, is one that is based on the free markets and the economic freedom of our fellow Americans. Once we remove the shackles of federal taxation and spending can we unleash the entrepreneurial spirit that has always made this nation great. With such entrepreneurial spirit, businesses are made and grown, and jobs are created and filled.

Until we accept this fact, both the real unemployment and even the fake unemployment will remain in the upper double digits.

I for one have long ago accepted the fact that deficit spending is not the answer to stimulating the economy.  Yjay is why I satand by the following economic recovery initiatives that I have proposed:

Set Constitutional Expenditure Limits so that we can only spend so much and Congress can’t keep on raising that spending limit.

– Ends Pork Barrel Spending & The Practice of Legislative Riders with a legislative topical compliance rule that ensures that no riders or amendments can be tacked onto legislation or spending bills that are not germane to those riders and amendments.

Reduce the Size of the Federal Payroll by eliminating jobs through attrition, eliminating the Departments of Housing and Urban Development, Education, Commerce and the EPA

— Enact Congressional Salary Adjustments and Reforms that first repeal the recent 2.8% pay increases of Congress and also repeal the legislative mechanism that automatically grants Congress such pay raises in the future.

— Call for a 10 % reduction in Congressional salaries

— Pass legislation that link elected officials salaries to the economy that they manipulate into either growth or contraction. This measure will reduce or increase their salaries by a percentage linked to the national unemployment, inflation and GDP rates. If the economy that Congress manipulates is tanking, so will their salaries. If it improves, so too will the level of pay that Congress receives. Part of these congressional salary adjustments and reforms will also link their raising of taxes or creation of new ones to their salaries. Salaries will be reduced by 2 percent for every percentage of increases they adopt

.— Beginning in 2012 Transform Social Security Into A Private System That Encourages Personal Savings Through Tax Incentives

— Propose A Flat Tax

If a flat tax does not get passed, I will propose the following tax cut package:

— Seek an across the board income tax cut

— Seek an end to the death tax

— Fight for a reduction in capital gain taxes by 50%

— Increase the per child tax credit

— Adopt an exemption up to but not to exceed the greater of 10% of gross annual income or 25% of the annual median income, applied to College Savings Accounts, Individual Retirement Accounts (IRA), Money Market Accounts and Certificates of Deposits.

— Exempt Social Security benefits from taxation.

— Adopt a complete 100% exemption for spouses of military personnel deployed in a theatre of battle to be effective from the time of deployment to the end of the calendar year after deployment ends Require a 2/3 majority for passage of any tax increases

Together, all these steps and their alternatives will:

A.)- Bring the federal government under control in both its size and scope

B.)-Control federal spending and taxation policies

C.)-Put more money back into the pockets of the people who will in turn use that money for savings and for the type of spending that can unleash the entrepreneurial spirit that is the true engine of our economy…..the free market.

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CAMPAIGNING FOR PRESIDENT WITH A STRATEGY THAT MATTERS AND MAKES A DIFFERENCE

One General Strategy I would Use In The Campaign

An Account of One General Strategy I Would Use In The Campaign

With about 1 month remaining to go in this election, I would suggest that the candidates use that time well. If I were managing John McCain’s campaign I would maintain my focus on those battleground states and place a priority on the issues most important to the voters in those states.

At the same time, McCain needs to not only differentiate himself from Obama but also separate himself from the perceived image of a typical Republican, the perceived image. He must also define Obama. All of this should have been done earlier but better late than never.

In doing this John McCain will have to point out that his career has been spent opposing republicans when they were wrong and working with Democrats when they were right and bringing both sides of the aisle together for that which is right. He has to show that he proposed increasing regulations on Fannie Mae and Freddie Mac two years ago, when he saw that a lack of regulations and monitoring of questionable recording practices were leading us to trouble. He stood up to Ronald reagan and opposed deploying forces to Lebanon for a peace keeping mission which eventually led to the loss of nearly 300 Americans when a suicide bomber targeted their barracks.

McCain must point to legislative efforts that made him cross party lines in order to work with Democrats like Ted Kennedy, Hillary Clinton, Russ Feingold, Diane Feinstein, Joe Biden and many others.

This must all be laid out while shining light on Barack Obama’s partisanship and his lockstep, liberal leanings.

In addition to the contrast of Mccain’s bipartisan record and Obama’s partisan practices, McCain should drive home the fact that one can tell a lot from the company that they keep. Obama’s friends are quite telling too. They include Obama’s friends & fellow fundraisers, convicted, Chicago slum lord Tony Rezko and unrepentant domestic terrorist William Ayers. His relationships also include his 20 years of worship under the American hating, racist, religious bigots Rev. Wright. All of which are just a few examples among a long list of radical, socialists and troublesome characters

All of the above are underlying themes. Themes which should be conveyed through television and targeted direct mail advertising and while that is occurring I would simultaneously set in motion a nationwide campaign effort that puts forth one major policy initiative every other day. This is the strategy that I would have the candidate personally conduct in his day to day activities. While overriding concerns with the economy and the war shall remain ever present and should be addressed, go beyond the obvious and tap into the underlying, less addressed, issues which are ignored.

 

 

Every other day I would present to the nation a legislative initiative dealing with all the other aspects of our lives. For the sake of time and megabytes I will outline a few examples.

McCain has had a problem with one issue that has fallen off the radar, immigration.

It may not be the priority that it was 13 months ago but it remains as troublesome now as it was than. McCain’s last attempt to resolve the issue was pitiful. The McCain-Kennedy initiative failed and rightfully so.  John McCain has since admitted that he has heard the people and they want our border secured before we make any other attempts to change the legal immigration process.

Knowing this, I would have John McCain present to the people a new and comprehensive plan called OPEN ARMS-SECURE BORDERS .

I would have McCain step up to the podium and declare:

“The fact that America has not enforced our immigration laws effectively and the fact that our border is so openly available to illegal crossings and potential threats is a travesty. That is why I stand before you today to propose OPEN ARMS-SECURE BORDERS . This ten point plan secures our border with a high tech security barrier that is monitored by extensive and coordinated patrolling. The bill also streamlines the United States Citizenship and Immigration Services and makes it more efficient. OASB also remembers that the word “illegal” means “not illegal” and in this bill illegal conduct is punished not rewarded. After a set amount of time allowing for implementation of this bill, illegal immigrants will have to comply with the laws that up till now, we have neglected to enforce or face deportation. The bill also increases steep penalties for businesses which ignore our immigration laws and illegally hire cheap labor by placing illegal immigrants on their payrolls”.

The OPEN ARMS-SECURE BORDERS bill, which I have provided a link to for readers, has several other points but you get the point. John McCain needs to address the issue, remind us of it’s importance and stake claim to his commitment to solve the problem when he is President.

Another issue that I would rekindle has a more nationalizing electoral component to it. Taxes.

Taxes are an ever present issue and it is an issue that the McCain campaign can use to help gain Republican seats or at least stabilize losses.

If John McCain were to come out and state “the complete Internal Revenue code is more than 24 megabytes in length, and contains more than 3.4 million words; printed 60 lines to the page, it would fill more than 7500 letter-size pages. Every time the federal government addresses the tax issue it’s code increases size, megabytes and pages. Ladies and gentlemen, this is ridiculous and each additional page created to fix our broken tax code, only complicates it more. We need to simplify this and we need to make it more efficient”

At this point I would like to see John McCain propose a flat tax or as I call it National Flat Tax Equity Reform. I want the leaders of our big nation to think big and be bold. I believe a flat tax is equitable and provides the progressive rate of growth that our national economy needs. However I have no expectations for either of the major party nominees to be so bold.

Therefore I would hope that McCain could at least step forward and say……..“So I intend to go through each page of the tax code and together, with my colleagues and your representatives in congress, we can sift out the unnecessary from the necessary.  We can strike out the ridiculous and replace it the logical “.

I would do this along side of fellow Republican candidates for the senate and house and announce an American Tax Equity Committee comprised of Democrats and Republicans that will eliminate those codes dragging us down and those loopholes that are allowing the rich, powerful and well connected to skirt the system. I would also add a call for reduced taxes. A call that revives John F. Kennedy’s cry and rekindles the high tide lifting all boats. I would articulate the fact that our democracy’s goal is not to make rich people poor but to make poor people rich and that is not achieved by taking money away from the people. 

This has been said before and it has only helped to produce a more complicated and oppressive tax system. This time, with serious diligence and sincerity, it can be approached effectively and it can be made a rallying call that helps get voters behind it and the candidates pushing for it. Short of calling for a fair, equitable and simple flat tax, revamping the arcane old code is the least that can be done.

 While on the economy, I would advise that McCain admit to a tough transition that our economy must face. One that is steeped in a changing of generational attitudes when it comes to money. A change back to the thinking of our greatest generation, a generation that did not live beyond their means. Call upon Americans to deal with real money, not the fake money of plastic or predatory loans. declare that we must not rely on what we don’t have but rather what we do and state that by living beyond our means is one very real aspect of today’s shocking need to pay the piper. I would have McCain point out that the requesting for American citizens to stop living beyond their means doesn’t stop with them, but that under his administration, it will start with government.

McCain needs to demonstrate that Wall Street alone did not bring about the dismal economic picture, but that a government which mandated sub-prime loans to achieve homeownership and a mentality of borrowing for today without saving for tomorrow led to this crisis and that now we must stop borrowing from Peter to pay Paul and operate in real dollars not fake dollars. Such straight talk will allow McCain to take hold of the issue rather than be strangled by the issue.

With 4 weeks remaining such straight talk could be delivered on plenty of other issues. Issues like an energy independence and efficiency initiative and legislative reform process that eliminates the numbers of riders that get attached to bills and provide ridiculous government funding through sneaky measures. There are dozens of major issues that can be addressed in detail every other day during the next month and they should be. It is up to the candidates to bring them up, lay them out and focus our attention on them.

In presenting the issues, in such a way, for 48 at a time, the maedia will digesting, disecting and discussing each of McCain’s iniatives, thereby making “his” campaign the focus and forcing the Obama campaign to respond. 

Instead of allowing each new media cycle setting the agenda, John McCain must take control of the media cycles. Regardless of his positions on the issues contained herein, and others not mentioned, McCain’s articulation on them can capture the agenda and possibly the majority of votes on Election Day.

AN IRISH OUTLOOK ON THE ELECTION 

We, in Ireland, can’t figure out why you are even bothering to hold an election in the United States.

On one side, you have a lawyer who is married to a lawyer.

On the other side,

you have a war hero married to a good looking woman who owns a beer distributorship.

What are you lads thinking over there?

Submitted by Dewey, Pensacola Fl.

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