Tuesday, October 18, 2011

Blueprint for Economic Prosperity and Job Creation

This blueprint comes from Representative Michelle Bachmann’s website:

  1. REPATRIATION. More than 1.2 trillion United States dollars could be brought back to America in days as an immediate "stimulus" if the government would zero out [my emphasis] the tax rate on that money until December 31, and then permanently keep it here in the U.S. if taxed at a rate of 5 percent.
  2. CUT SPENDING AND GOVERNMENT. I would phase out quasi-governmental enterprises, such as Fannie and Freddie, and eliminate duplicative government programs and costs. We must decrease government salaries to bring them in line with their private sector counterparts, and we must decrease the number of government employees.
  3. REPEAL OBAMACARE.
  4. CUT TAXES. We need to reduce the number of tax brackets, repeal taxes outlined in Obamacare, fix the Alternative Minimum Tax, and eliminate the Death Tax. In addition, we must make the corporate tax code simpler and fairer, and allow U.S. companies that generate earnings overseas to bring back those profits and invest them in American jobs and growth.
  5. REPEAL THE JOBS AND HOUSING DESTRUCTION ACT, ALSO KNOWN AS DODD-FRANK.
  6. LEGALIZE AMERICAN ENERGY PRODUCTION AND AMERICA'S NATURAL RESOURCES.
  7. REPEAL JOB KILLING REGULATIONS.
  8. INCREASE EXPORTS.
  9. UNLEASH AMERICAN INVESTMENT. We must do whatever it takes to restore our ability to manufacture here in the U.S. We can do this by reforming the tax code, providing incentive for growth, and allowing the private sector to control the market with little government involvement.
  10. PAVE A PATHWAY FOR INNOVATION.
  11. ENFORCE AMERICAN IMMIGRATION LAWS.
A great plan. Step #10 is kind of vague though. Not much details on that. Doing that maybe kind of tricky since innovation comes from creative entrepreneurs (like Thomas Edison,   Nicholas Telsa, or even Steve Jobs)—and you can’t just teach that (you can try but creativity is I believe innate). All you can do is create an atmosphere that encourages the creative people to start businesses. Maybe that is what she means. Good luck in that.
One small gripe about the website. I don’t like the homepage. The first time you go there, you either have to click on the “Donate” button or the “Email” button to enter the website. If you click the “Email” button then you get to the page about her stance on the issues and other stuff. If you don’t delete the website’s cookie then don’t see that initial “donate-email” page when you type in the website. You see the page that I think should be initial homepage. Just a design suggestion.

1 comment:

Big Al said...

In a nutshell, all eleven steps symbolize freedom. And, given the way America is going, freedom is not a cool thing right now. We still have the mindset-especially among the young generation is of what government should do for us. All of that is about rules and regulations. That's what the protest movement is about. They are all O'bama field rats! The only hope they have is for O'bama and big government to implement new legislation to take away more money and freedom. Why don't they protest the white house, congress or the two occupations taking place? Those three things are what created the real problems that have caused a wealth imbalance.