During his speech, President Obama asked what was the best way to grow the economy and create jobs. Here are a few suggestions:
- Repeal ObamaCare and its business-burdening costs and requirements
- Pass a balanced budget amendment so businesses can have confidence that congress will not come along at any time and burden them with more socialist spending
- Pass an amendment requiring every bill submitted to cite which of the enumerated powers of Article 1 Section 8 authorizes congress to act in that area
- Prohibit unionization for government workers–a move that will save gargantuan amounts of taxpayer dollars that can immediately be spent in the economy by the taxpayers
- Abolish the EPA and its economy-strangling regulations that hinder new growth and retard economic expansion
- With the EPA gone, this should help clear the way for new oil refinery development (we haven’t built a new one in 30 years, and our current infrastructure is almost maxed out)
- Eliminating the EPA should also make it easier to build new power plants to meet our nation’s great need for electricity, as well as create thousands of new jobs
- Open ANWR in Alaska, the Gulf of Mexico and other locations around the country to oil drilling–this will create thousands of jobs and help meet our nation’s energy needs
- Abolish the Department of Education and it’s tremendously wasteful “middleman” approach to education funding
- Privatize Social Security (as Chile did successfully several years ago) and Medicare, putting billions of taxpayer dollars and more efficient use of those dollars back into the private economy
- Repeal the Frank-Dodd financial bill, a 2000-page bill that will spawn 5000 pages of regulations, further strangling and hindering the financial industry from success
- Dismantle Fannie Mae and Freddie Mac and sell off the loans to private finance companies; the federal government has no business being in the finance business, and ending the massive corruption and cronyism that have come with Fannie and Freddie will save the taxpayers billions
- Repeal the anti-business National Labor Relations Board so that businesses are not hindered in their plans to expand and hire more people (like Boeing in South Carolina)
- End all business and corporate taxes (other than sales taxes) which have been driving jobs overseas.
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