In news conference on June 8, Biden's chief economist Jared Bernstein said of the first 100 days of Obama's administration "we've created or saved over 150,000 jobs". The truth is since February of 2009 the number of unemployed rose from 12.5 million to 14.5 million. Most kids over the age of 10 can tell you that 14.5 is bigger than 12.5, so how do you save or create 150,000 jobs? Why did we spend 800 billion dollars to stimulate the economy? I have a better Idea and it will only cost 305 million dollars.
We could give everyone in the nation a million dollars and saved 799 billion dollars. I mean everyone man, women and child. If we each invested the million dollars in a mutual fund earning 12% interest we would get $10,000 each month and not touch the million dollars. Wow we could pay off our debt, own a house, pay for our own health care, and have leftover to take a vacation.With my plan we can dissolve the IRS, Medicare, and Social Security. Imagine no more Federal Income Tax ever! Collection on tariffs from trade and corporate taxes will pay for the Military and the few required federal services, CIA, FBI, Legislative, Judicial, and Executive branches of the Federal Government. Done.
Imagine a Nation with no more poor, hungry, or homeless.
Harry
Technorati Tags: Jared Bernstein, Obama, 150, 000 jobs, unemployed, IRS, CIA, FBI
We could give everyone in the nation a million dollars and saved 799 billion dollars. I mean everyone man, women and child. If we each invested the million dollars in a mutual fund earning 12% interest we would get $10,000 each month and not touch the million dollars. Wow we could pay off our debt, own a house, pay for our own health care, and have leftover to take a vacation.With my plan we can dissolve the IRS, Medicare, and Social Security. Imagine no more Federal Income Tax ever! Collection on tariffs from trade and corporate taxes will pay for the Military and the few required federal services, CIA, FBI, Legislative, Judicial, and Executive branches of the Federal Government. Done.
Imagine a Nation with no more poor, hungry, or homeless.
Harry
Technorati Tags: Jared Bernstein, Obama, 150, 000 jobs, unemployed, IRS, CIA, FBI
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