Well, here we go again. Our fearless and unfortunately clueless President is at it again. He wants to spend billions on infrastructure to stimulate the economy. He apparently will try anything but proven methods to jumpstart economic growth. Dear Mr. President, as anybody who has studied history and/or economics can tell you, all you have to do is extend the Bush tax cuts. It don't cost nuthin'.....but what will be accomplished by this simple task? It removes economic uncertainty that has been preventing those with the ability to create jobs, from investing in job creating ventures. They see new taxes going into effect on January 1, 2011 so they are holding on to $ they would use to invest in expansion and new equipment. They are doing this because it is CHEAPER to pay taxes on larger profits this year at a lower tax rate than it is to do so in 2011.
Face it, Mr. President, your economic plans have been rejected. The reason is simple. You insist on helping the unemployed by taxing the only people in the private sector who can provide them jobs. Your methods have been tried all over Europe and the former Soviet Bloc...how are they doing? Wake up and realize that the citizens of this country are smart enough to realize where you are coming from and don't like it. If you want to actually help those whom you profess to be looking out for, you need to admit your failures and change course.
