Sunday, June 19, 2011

Last Ditch Effort to Jumpstart Economy?

Well, hes tried giving away our tax dollars to his supporters, hes taxed us more than any other president in history, hes spent more than all other presidents since WW1 put together, and the economy is still going down.  Obamas last ditch effort, lower taxes just like the republicans said he should at the beginning and call it a new "stimulus package".  We tried spending our way out of the last Great Depression and look where that got us, and guess what, when Obama tried it again, it failed again.

• 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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