By Herman Cain Posted: October 12, 2009 ~ 1:00 am Eastern © 2009 Unemployment has hit 9.8 percent. New jobless claims grow each month. Federal spending is increasing exponentially, while current tax revenues are decreasing. The value of the dollar is in a nose dive. The deficit for fiscal year 2009, which ended Sept. 30, 2009, has come in at $1.4 trillion dollars, nearly four times the deficit of any previous year in history. Business bankruptcies are on the rise, while some businesses are literally hanging on by their cash-flow fingernails. Newsflash! The $789 billion "stimulus bill" is not working. And no, don't give me that baloney that the stimulus needs more time. The bill was philosophically flawed from the beginning, but the big-government-and-more-taxes members of Congress refused to even consider solutions offered by the less-government-and-fewer-taxes members. Meanwhile, Congress is trying to ram a $1 trillion-plus health-care deform bill down our throats, with a Cap & Trade & Tax & Kill bill waiting in the wings in the Senate. The Democrats are also secretly talking about a second "stimulus" bill, but they are not calling it a stimulus. I call it more government spending with no new results. Here are three suggestions that would get this country out of a recession in 12 months, not that the Democrats will listen or even consider any of these ideas. These are not original ideas. They are just great ideas from several sources that Congress and the president are ignoring because they would result in less government control. The reason that we would be out of the recession in 12 months is that businesses would get excited and start planning to grow their business instead of making plans to just survive. It's just that simple. The prospect of bigger government and more taxes does not inspire businesses to grow. [CLICK HERE TO READ MORE]
Monday, October 12, 2009
How to end the recession in 12 months ~ By Herman Cain
From WorldNetDaily
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