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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Paul V. who wrote (112995)	9/16/2011 1:20:42 PM
From: joefromspringfield	2 Recommendations Read Replies (2) \| Respond to of 224729

"Tell us how you would recommend how we should clean up the Financial mess? I would like to hear your suggestion and at the same time preserve and/create jobs. What sectors will they come from and what specific qualifications will they need." I have no faith in the politicians in Washington to come up with a solution to this. Business people know best what they need. I would not support the president's plan. I support the one from the chamber of commerce. The U.S. Chamber of Commerce on Monday issued an open letter to Congress and the White House calling for a series of measures designed to increase employment, including greater oil drilling, quicker road and bridge construction and temporary corporate tax breaks. If enacted, the chamber says the steps could encourage corporations to spend much of the nearly $2 trillion that have accumulated on their balance sheets and generate more than 6 million jobs by 2013, and even more in ensuing years. Chamber President Thomas Donohue released the seven-page letter as the first step in a campaign to draw attention to the chamber’s proposals and influence Washington policymakers. The effort includes newspaper and Internet ads and outreach to chamber members nationwide. Mr. Donohue identified six job-creating initiatives: • Reducing tax rates to corporations, including the tax on profits earned overseas, a move that the chamber says would encourage multinational corporations to bring as much as $1.2 trillion to the U.S. economy. White House officials have debated the merits of lower rates for foreign profits, but some argue that similar efforts in the past have resulted in higher dividends to stock holders rather than direct job creation. • Passing pending trade agreements with Colombia, South Korea and Panama, modernizing export control measures and adopting changes in patent law to protect intellectual property. • Increase oil and gas exploration to levels in place before the Gulf oil spill prompted a moratorium on offshore drilling permits, expand oil and gas exploration on federal lands and approve a $7 billion, 1,700-mile oil pipeline from Canada to the Gulf Coast. The pipeline proposal has prompted daily protests at the White House and high-profile arrests. • Congressional approval of transportation, aviation and water resources programs that finance road, bridge and airport construction. Those programs are mostly paid for with gasoline taxes or other user fees. Mr. Obama has repeatedly called on Congress to approve the measures, reiterating his appeal as recently as Saturday in his weekly radio and Internet address. • Facilitate tourism by promoting American travel, streamlining visa applications and speeding up security screenings for low-risk travelers. • Provide regulatory relief for industries, including a moratorium on rules that are deemed to have a significant economic impact until the economy has improved and employment has grown. washingtontimes.com