• Temporarily cut payroll taxes for business by 2 percent.
• Begin releasing oil from the Strategic Petroleum Reserve to drive down gasoline prices. The real problem, Edwards says, is a hodgepodge of regulations that different formulations of gasoline in different parts of the country.
• Cut the corporate tax rate. At 39.2 percent, the U.S. has the second highest corporate tax rate in the world behind only Japan’s 39.5 percent.
Read more on Newsmax.com: Obama's Last Stand: His Bid to Jump-Start Economy Before 2012
This is, you guessed it, Reaganomics. it worked last time, and it will work again. Problem is, Obama cannot admit to following what worked, he must be progressive. Now we'll get to see how that goes.
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