September unemployment is 9.8 percent

[724Skinsfan]

Originally Posted by Schneed10

But still, unemployment is at 9.8%, and if stimulus got a 2% improvement, that's still 7.8% unemployed. Historically very high. There's just nothing any administration could ever do to keep us at the 4-5% we're used to.

I can understand nothing can keep us at 4-5% consistently, but wouldn't lowering the corporate tax rate be fairly effective in reducing unemployment?

[Schneed10]

Originally Posted by 724Skinsfan

I can understand nothing can keep us at 4-5% consistently, but wouldn't lowering the corporate tax rate be fairly effective in reducing unemployment?

Yes. Though that would aslo cause the federal deficit to get worse.

[budw38]

Originally Posted by 724Skinsfan

I can understand nothing can keep us at 4-5% consistently, but wouldn't lowering the corporate tax rate be fairly effective in reducing unemployment?

This might work as well , I too would like to see us reduce the corporate tax rate Lawrence B. Lindsey: How About a Payroll Tax Stimulus? - WSJ.com . Ireland has had great success with lowering the Corp. Tax rate . Ireland 12% USA /Japan 38 / 39 % IDA Ireland Investment Promotion Agency - Tax Regime