Originally Posted by dc_dux

Obama was not in the Senate or the WH when the previous administration and Congress enacted the 01 and 03 tax cuts, heavily weighted to the top bracket, but promising jobs and economic growth to benefit the middle class.

At a cost of over $1 trillion, it provided neither jobs nor economic growth...and yet, ace wants more the same.

If you dont like the Obama approach with the initial stimulus program (not big enough, IMO) and the proposed new jobs initiative (might not have been necessary with a bigger initial stimulus), what is your solution to help recover from that "lost decade"?

---------- Post added at 04:14 PM ---------- Previous post was at 04:00 PM ----------

Cimarron:

What dont you like about the proposal for a $5,000 tax credit for each new small business hire along with reimbursement of Social Security payroll taxes for businesses that increase wages or hours for existing workers (both capped to ensure that funds go to small businesses) ...and using $30 billion from money repaid to the TARP fund to help community banks offer small-business loans through incentives to those banks to borrow money from the Treasury at a reduced rate?

Or the banking/financial services legislation passed by the House last year to regulate the housing finance marketing, derivatives and related financial instruments, and to require large banks to self-fund (in advance) any future potential bail-outs.

I know what ace thinks...free markets, with little or no govt regulation, and supply side, trickle down economics will fix everything...and nothing else is acceptable or debatable... which, for me personally, makes discussion with him a waste of time.