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Old 06-15-2011, 09:44 PM   #9
Slingin Sammy 33
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Join Date: Feb 2007
Location: Virginia Beach
Posts: 4,347
Re: How would you fix the economy and budget issues?

Quote:
Originally Posted by NC_Skins View Post
How about the economy? Jobs? Inflation? Taxes?


I'll comment on what I would do tomorrow when I have more time. I'll comment on the other suggestions about the budget too.
You get the defecit and National Debt under control and you immediately will increase consumer confidence and increase $$$ flowing in the economy....which creates jobs.

As to taxes, I support the FairTax system. Under FairTax their are no corporate taxes, so overseas corps will look to locate in the U.S. Also, U.S. corps can make decisions based on what's best for business, not what tax ramifications a decision would have. This will also prevent some job losses overseas.

End most drilling restrictions that have been put in place under the Obama Admin. This will also give the economy another boost in 9-18 months and help consumer and corporate confidence in the short term (it wouldn't hurt Obama's re-election chances either as lower gas prices and a recovering economy would help him in 2012).
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