Europe: Austerity. Bailout
America: Austerity Bailout
The areas of concern:
If you want to cut taxes, this is how to do it.
Eliminate Sales Taxes on Selected Items at Graduated Price Levels:
American made autos below $34,999
This will stimulate the spending on Main Street. Read: The Multiplier Effect
Breaks for Banks
1000 homes on the books ready for foreclosure.
Stop the proceedings
Rewrite the mortgages at an affordable monthly payment--with or without a balloon payment.
TAX BREAKS FOR THE BANKS WHO PARTICIPATE
Large Tax Incentives for Oil Companies who invest in Clean & or Green Energy projects.
By way of metaphor: Buy Solyndra and run it as a business and not as a symbolic gesture. You went to B-School. You know the drill.
Grants for Public Projects
Establish a Federal Legal Team to reviews laws and regulations that impede the building of roads and bridges.
Removes people from the benefits roles because they are employed.
Generates revenue for the States through State Income Taxes
Creates a demand for American Made Heavy Equipment.
In order to understand Economic Stimulus and how it works, click the link and read the metaphor:
Copyright (c) 2011 Slim Fairview