Obama should introduce a New Deal for the 21st Century Economic Plan

[WCGreen]

Plan...

Have Public investment in infrastructure, you know the stuff companies can't pack up and ship off to China, not Public investment via tax credits and tax deductions for business.

This would put people to work, elevate the skill set of the work force and bring a whole lot of consuming'.

The best part is the firms that engage with the government make money and pay taxes, the people who are working for those firms will earn money and pay taxes and, if done correctly, the ancillary business's involved will earn money and pay taxes.

It worked for FDR.

It's the best use of Public money.

for too long we have tried incentive based stimulus and that has only seen firms earn the credits, build up a product and then head off for warmer or more tax friendly climes.

We need to stop using the Tax Code as a economic stimulus tool. It would simplify the Tax Code and eliminate a whole bunch of loophole searching' accountants from the workforce. It would also eliminate a whole lot of lobbying' as changes to the tax code are what most lobbyist seeks when visiting their friendly neighborhood (Can you tell me how to get to K street) congress person.

[CaliforniaPeggy]

1. How would they do this?

I'm assuming you mean (by infrastructure) fixing roads and bridges and that sort of thing...

[WCGreen]

4. All of that.

The nation's infrastructure is in abysmal shape. It's a win win situation. And we would stop using the treasury department as an economic stimulus tool.

[oviedodem]

2. NO NO NO b/c it seems gimicky and has been done before

[WCGreen]

3. Oh yea, gotta look out for the crappy GOP attacks...