The greatest economic stimulus package we can unleash is the creativity, ingenuity and free enterprise of the American worker. We all recognize that free enterprise creates jobs because it is driven by the motivation for profit – profit that creates cash flow, property ownership and private investment.
In the business world, positive cash flow is a sign of health and right now we are running a country that is cash flow negative. We are in the red and awash in deficit spending. So here are my fundamental principles and positions for fixing the economy and keeping the country in growth mode: Spend less than is collected. When the tax receipts shrink – government expenses must shrink faster. Work - everybody work – from the youngest to the oldest. Everyone that is capable of working can do their part and work. Sitting at home will not restore the economy. Waiting for government handouts will not do it. If you’re unemployed, pick your favorite non-profit and go-to work. All work is rewarded. Volunteer work will free up capital and capital chases opportunities for profit. Your volunteer work will create paying jobs. At 10% unemployment, 15 million working volunteers can make a massive difference in how private sector donations are redistributed each year. This is a $295 billion opportunity to free up capital. Simplify taxation by establishing a flat tax. Get rid of the complexities of the tax code. This will fundamentally change the economy. Job Creation: YouTube Answer here Stop Cap and Trade dead in its tracks. This is redistribution of wealth on a global scale. Every sovereign nation has the right to pursue industrial output. Yes, we must be good stewards of the earth and "clean-up up after ourselves" but that is no excuse to cap our ability to produce and trade it for new taxes. This is a tax that will prevent job growth. Strengthen the dollar by turning off the treasury presses and limiting new debt issues. Eliminate the capital gains tax – permanently. Remove Mark-to-Market regulations and related distortions from the financial sector. Kill the death tax – permanently.