You have stated, recently, that you think that billionaires like yourself should pay more in taxes to Uncle Sam. Well, Mr. Oracle of
I dare you.
I DOUBLE dare you.
Put your money where your mouth is, and write a check for $1 billion to the IRS before you read the end of this sentence.
No? I didn’t think so.
A politic pundit growled that one has not the right to criticize Mr. O’s plan, smarty pants, because where is your plan? Challenge accepted. Any idiot can put out an addle-brained jobs program, and I forthwith prove my theorem by presenting my plan to increase employment in the
My plan is very flexible, sort of like eating Dim Sum or a buffet: whatever looks good, take it.
E-VERIFY AND HIB VISAS
Require all employers to run all employees, current and new, to run their SSN’s thru E-Verify, and prohibit all H1B visas. This situation will persist until the unemployment rate is below 5%. See, employers use legal/illegal immigrant workers who will work for lower and/or illegal wages. Problem: these workers often send $$$ home and their employment does not always show up on official employment stats. This choice will increase the cost of employment to business, not to mention consumer prices. You didn’t think that there was going to be a free lunch, did you?
HECK WITH THE ENVIRONMENT, LET’S ALL POLLUTE
Let oil companies drill until they are drunk:
ELIMINATE UNEMPLOYMENT INSURANCE
Well, OK, I will permit you to have 4 weeks worth. After that? Nada, my friend. Is this mean and not compassionate? Sure. Will this create suffering, hunger, and humiliation. Absolutely. Will this cause you to get your fat *ss off the stupid couch, go job hunting (we used to call this ‘pounding the pavement’) 16 hours a day, 7 days a week, and accept virtually anything? You betcha.
ELIMINATE THE MINIMUM WAGE
OK, tell me: you are faced with either an empty refrigerator or picking up dog poop and soda bottles in the park for $2 per hour, which would you rather have? With this choice, if you can convince someone to take a job at a low wage, that wage is totally legal.
MAKE DAY LABOR LEGAL
The journaleros (I am sure this is spelled wrong) have the right idea. Make it totally legal to hire someone for only one day and pay them in cash at the end of the day’s work shift. OK, put in a few requirements, but make it legal for anyone. Yeah, the IRS and the Social Security will get cheated, but this will persist only until unemployment goes down.
TELL THE NLRB AND THE EEOC TO TAKE A HIKE
All rules and regulations from these 2 folks have the net effect of preventing employers from hiring whomever under whatever conditions they please. Put all such things from these 2 agencies on legal abeyance until unemployment is below 5%.
SICK THE IRS ON ILLEGALS
Many do not know this, but it is illegal for the IRS to crack down on illegal immigrants. It is easy to identify these folks: they do not have a legitimate SSN, so the IRS assigns them a ‘TIN’ (tax payer id #) for payroll purposes. These numbers are easy to know: they have a unique numbering scheme (no, I forget what this is, something to do with ‘9’ in the first few digits). Require the IRS to cooperate with ICE in identifying and deporting illegals, opening up jobs for real citizens. These illegals are easily identified by their curious TIN.
BEG THE EVIL MULTINATIONAL CORPORATIONS ON HANDS AND KNEES
US companies are sitting on $trillions of cold, hard cash that they do not wish to spend. They are fearful. If they do spend, there will be mucho jobs. Let us ask them what changes we can make to get them to spend their saved up dough, and make any and all changes they wish. Yes: we will be their servants. So what?
Now that the party is over, it is time to clean up the mess and see what lies in the future. There is no definitive answer to my question, but the real loser seems to be our children and grandchildren. Not only have we mortgaged their inheritance, we will pass on to them ginormous credit card bills that will force them to declare bankruptcy.
TEA PARTY LOST
You might think that the nasty anti-Tea-Party rhetoric in the liberal media to be a sign that they won, and more so from statements that they have genuinely shifted the debate.
Hogwash.
True, there are no tax increases, but there are also no real cuts in the current fiscal budget.
OBAMA WON
He is being pilloried by the Left because he did not get a tax increase, and therefore conclude that Mr. O lost the battle. Not so. Mainly, he got such a huge debt ceiling increase, that this issue will not come up again until AFTER the 2012 elections. This is a victory of major proportions. The power the Tea Party had has been spent, and Mr. O will not have to cut a single thing: not Medicaid, not Medicare, not Social Security, nothing. If fact, the only sure cuts are Defense. The budget deficit will be $1+ trillion as far as the Excel spreadsheet can see.
AIN’T GONNA BE NO SPENDING CUTS
The true cuts to the current year fiscal budget is teeny-tiny and pretty much a rounding error in a $3.5 trillion budget. Current year legislation cannot obligate future Legislatures to spending cuts, and the Dems and Mr. O are fully cognizant of this.
BOEHNER AND McCONNELL SURRENDER
They could have exacted their pound of flesh: they would have had the hearty support of the entire Republican party. They chose not to, because they truly do not wish to reduce Federal spending, power, or influence.
TAXES WILL GO UP
The 600# canary in the room is the expiration of the Bush Jr. tax cuts. The agreement blithely ignores this, because the plan of everyone (including Mr. B and Mr. C) is to let it expire and increase taxes.
WHERE ARE THE CUTS TO MEDICAID AND SSI?
I examined the final legislation. If the mystical-magical budget-cutting-commission does not come up with cuts that pass Congress and get signed by the Prez, automatic cuts appear: $1.0 trillion over 9 years. Problem: 52% comes from DOD, and 48% from everything else, excluding Social Security and Medicaid. Interestingly, Medicare CAN be cut. Why? Because they went back to the old Gramm-Rudman-Hollings bill from 1985 for the language of budget cuts.
A COMMISSION? REALLY?
Well, we tried that before: ever heard of Simpson-Bowles? Hmm?
LET IT BLOW UP, WHO CARES?
Well, really: rather than reach for a deal, they should just let the Federal Gov’t go bankrupt. Stop the SSI checks and military pay; so what? It will all the chaos would have been on Mr. O’s head.
