Ideas To Boost Economy and Create Jobs

[rockerrockstar]

Let's brainstorm some ideas to boost the economy. Got any ideas reply in this thread.

[Seth]

There is no need to brainstorm. We need to start taking steps toward a true free market with sound money.

[newbitech]

There is no need to brainstorm. We need to start taking steps toward a true free market with sound money.
booo, couldn't you at least give bartering a mention?

[rockerrockstar]

I have an idea of not taxing new companies for the first year. Maybe eliminate the requirement for business licenses for a year. People that start a business for the year does it tax free. Save on self employment tax and or employee tax for first year. This way it gives them a chance to start the business without so much capitol and an easier time getting it off the ground. They will profit sooner the first year. Just an idea. I would probably only do it for year 2012. Because I could see companies taking advantage of this if it was good for every year. They would start a new company every year and end it every year to make the loop hole otherwise. We need to consider that people could layoff people and start a new company to take advantage of this incentive. There should be rules so that that can't happen.

[newbitech]

I have an idea of not taxing new companies for the first year. Maybe eliminate the requirement for business licenses for a year. People that start a business for the year does it tax free. Save on self employment tax and or employee tax for first year. This way it gives them a chance to start the business without so much capitol and an easier time getting it off the ground. They will profit sooner the first year. Just an idea. I would probably only do it for year 2012. Because I could see companies taking advantage of this if it was good for every year. They would start a new company every year and end it every year to make the loop hole otherwise. We need to consider that people could layoff people and start a new company to take advantage of this incentive. There should be rules so that that can't happen.

meh, start a business. you will see in practice this already happens.

[thoughtomator]

There's only one way to boost the economy for real, and that's to get the government the hell out of the way so people can get about their business without interference.

[newbitech]

There's only one way to boost the economy for real, and that's to get the government the hell out of the way so people can get about their business without interference.

people will ignore the government to survive.

[Zippyjuan]

Act locally. Take a couple million dollars and hire some people. Pay them a decent wage so they have money left after taking care of necessities like a place to live, food, transportation and clothing to spend on other things at local businesses which will encourage them to hire more people too. And try to buy locally as much as possible yourself.

[fr33]

Destroy the concept of eminent domain. Instead of whining about the keystone pipeline, stop justifying stealing property from "little" people at the profit of obscenely wealthy oil company CEO's who use the government to gain that wealth. If the market deems the pipeline so necessary then they can afford to buy it without the government gun; which would naturally redistribute more wealth.

[oyarde]

Suspend / Forgive Federal payroll tax for 2013 , repeal the 11% Fed excise tax on ammo , rifles & shotguns , permanently. Suspend Federal gas tax for 2013 , cut in in half when resuming in 2014 . Defund Homeland security with exception of Coast Guard. Eliminate DEA , BATFE , FBI , USDA , CIA ( replace CIA with US Army Special Forces , levels of accountability , at every level , still have intel , no crimes , corruption or bottomless pockets ) . Eliminate restrictions for oil , gas , refineries at Fed level , turn over to states .Eliminate "wildlife management " at Fed level , turn over to states/counties. Tax credits of 0 percent match for Social Secirity , Medicare , Medicaid for any new industry in US for five years. Eliminate Fed Dept of Ed. End all Fed tax dollars to Phone Companies . Medicare /Medicaid , ceded to the states by 2015 . End Foreign aid to Russia , Egypt , Palestine , Pakistan , Uganda , Israel , Iraq , Afghanistan . THEN ON TO DAY TWO ...

[oyarde]

Items that are tax free , tomorrow , seeds , food , root seeds , friut bearing bushes and trees ( of all types ) Fed Tobacco tax cut in half , for 2013 , cut in half again 2014 , eliminate 2015 . States/ cities must eliminate sales tax on food , seeds , trees , fruit bearing bushes , ammo , rifles, shotguns , fertilizer , fuel by 2014.

[oyarde]

All property taxes capped at 1/2 percent of assesment value , starting 2013 , nationwide , assesment value , must reflect current sale value , Property tax expires completely at age 55 or 62 , you pick it . ( Anyone picking anything any higher , has to spot me a Franklin to bet on opening day of baseball season. ) Tax , on any item , must not exceed 4.9 % . Federal phone taxes repealed , yesterday ..... On to day 3.

[oyarde]

Eliminatoin of Daylight "" saving time "" , billions in energy savings . The following items are exempt from any tax , electricity , wood , fuel oil , natural gas , propane ....

[oyarde]

Alright , economy , now flourishes , growth , time to figure out how to get to the cuts that equal intake , time to save it , ..... , but wait , you have none of these .... and no time to save it ....

[Anti Federalist]

Lottery tickets.

[oyarde]

Lottery tickets. Yeah , but the states have already been buying time with that ... ??

[fr33]

Lottery tickets.No no. legalize gambling so the lottery ticket scam cannot compete. They prohibit gambling in many states while creating a lottery that has lesser odds of winning than playing a hand of poker.

[Anti Federalist]

Yeah , but the states have already been buying time with that ... ??


No no. legalize gambling so the lottery ticket scam cannot compete. They prohibit gambling in many states while creating a lottery that has lesser odds of winning than playing a hand of poker.

All right, more porn then.

[Victor Grey]

If they didn't break it, then it wouldn't need fixing.

Any future events need to take in account that so often, government creates these sort of market bubbles that lead to these deep recessions and depressions.
The government needs to stop trying to correct every little downturn recession that comes about. They make things worse.

That said I like the idea of lower taxes and more than anything, removing as many barriers of entry to new businesses as possible. That would be the greatest boost in the long run of anything.

What I don't like is any idea that comes off a quick-fix super-solution. It just plain doesn't ever happen like that.

[Victor Grey]

Hmmm. Natural Gas Choice programs would seem like a good idea. Perhaps work for more states to adopt them.
http://en.wikipedia.org/wiki/Natural_Gas_Choice

[Bossobass]

This one is a no-brainer that seems to somehow escape everyone... except Ron Paul.

When the federal government borrows One Thousand Four Hundred BILLION dollars just to squeak through a single year of deficit spending, that capital drain leaves the real US economy with NO CAPITAL.

Small Business represents more than 1/2 of US GDP.
Small Business represents more than 1/2 of US employment.
Small Business yields 19 times more patents per employee than Big Business.
Small Business employees in the US are the most productive people in the history of the planet.
Americans are three times as confident in Small Business as they are in Big Business.
Most new businesses (job creators) fail. The #1 reason: lack of adequate capital.

Want the economy to boom? Balance the federal budget. This is Guaranteed Formula, and entails nothing else.

Bosso

[Travlyr]

Let's brainstorm some ideas to boost the economy. Got any ideas reply in this thread.
Get the guys running it to stop picking the winners and losers. The economy will run itself when we stop putting people in jail for growing weeds, working without a permit, and relying on wars to create jobs.

[tod evans]

Get the guys running it to stop picking the winners and losers. The economy will run itself when we stop putting people in jail for growing weeds, working without a permit, and relying on wars to create jobs.

But what would we do with the 20% of our populace that enforces this crap? ;)

[Isaac Bickerstaff]

Stop using Feral Reserve notes.

[Travlyr]

But what would we do with the 20% of our populace that enforces this crap? ;)
As far as I'm concerned they are the ones that belong in prison.

[tod evans]

As far as I'm concerned they are the ones that belong in prison.

Can't give ya` more rep......

[xFiFtyOnE]

Get Bernanke to fire up the printer and cut me a few million fresh FRNs. I would boost the economy...I promise! :p

[tod evans]

Get Bernanke to fire up the printer and cut me a few million fresh FRNs. I would boost the economy...I promise! :p

How about just taking the last trillion of debt and cutting equal checks to everyone who hasn't received a check from any government agency in the past 24 months?

[Anti Federalist]

This one is a no-brainer that seems to somehow escape everyone... except Ron Paul.

When the federal government borrows One Thousand Four Hundred BILLION dollars just to squeak through a single year of deficit spending, that capital drain leaves the real US economy with NO CAPITAL.

Small Business represents more than 1/2 of US GDP.
Small Business represents more than 1/2 of US employment.
Small Business yields 19 times more patents per employee than Big Business.
Small Business employees in the US are the most productive people in the history of the planet.
Americans are three times as confident in Small Business as they are in Big Business.
Most new businesses (job creators) fail. The #1 reason: lack of adequate capital.

Want the economy to boom? Balance the federal budget. This is Guaranteed Formula, and entails nothing else.

Bosso

Truth.

No capital because government is sucking up trillions in borrowing to try and keep itself afloat.

[Keith and stuff]

Some states like NH don't sell hard liquor in convenience stores. Other states don't allow liquor to be sold on Sunday. Some states even have dry counties. Some parts of the country don't even allow fireworks to be sold. End all of that crap and it will great jobs.

Another option is building for profit destination hospitals. A bill to do that just passed the NH House. People are predicting it will bring in as many as 500 jobs or more, depending on how many of these hospitals are built in NH.

NH House Leaders Comment on Passage of Bill to Allow Destination Specialty Hospitals in New Hampshire
Thursday, March 22, 2012 at 07:56AM
http://nhinsider.squarespace.com/blogger-alerts/2012/3/22/nh-house-leaders-comment-on-passage-of-bill-to-allow-destina.html

Allowing specialty hospitals to do business in New Hampshire would bring, at the very least, 500 new jobs and likely even more.

As other have mentioned, business taxes are a huge problem. Business taxes should be cut and business loss carry over periods and amounts should be increased.

In the northern US and the West Coast, if right to work laws were enacted, it may prevent some of the companies from going broke or moving to other states.

[WilliamC]

Act locally. Take a couple million dollars and hire some people. Pay them a decent wage so they have money left after taking care of necessities like a place to live, food, transportation and clothing to spend on other things at local businesses which will encourage them to hire more people too. And try to buy locally as much as possible yourself.

Great idea!

Can I bum a couple million dollars off of you to get started ;)

But I do agree with you as to the benefit of acting locally as much as possible even in a global economy.

[WilliamC]

Can't give ya` more rep......

I'll give him one for both of us.

[Johnny Appleseed]

http://www.ronpaulforums.com/showthread.php?327746-A-return-to-the-cottage-system-to-create-jobs

[AFPVet]

Small businesses would give the economy a boost... the problem is that it is very difficult to start one right now. Banks want kick ass business plans and something that would make them want to finance you. There should be incentives for people to create businesses... not roadblocks.

[The Free Hornet]

Small businesses would give the economy a boost... the problem is that it is very difficult to start one right now. Banks want kick ass business plans and something that would make them want to finance you. There should be incentives for people to create businesses... not roadblocks.

And what is a small business? There are a multitude of size standards and the SBA bases it on your classification code. Of course, the number of codes is limited and the number of business models is unlimited so it becomes a burdensome, arbitrary, pain in the ass. It is straight forward once you have a classification. But things become more interesting because not all small businesses are created equal. If you are owned by women, some minorities, or vets, suddenly your small business is more equal than the others. Like others have said, get the government out of the picture. Get them out of the banks, the bedrooms, the boardrooms, education, medicine, retirement planning, disaster response, recreation, everywhere. Government is a leech and what it calls "the economy" are the easily controlled blood-rich portions to which it attaches itself. Anything not making money for its tentacles is demonized for the benefit of its prison-industry wing.

[AFPVet]

And what is a small business? There are a multitude of size standards and the SBA bases it on your classification code. Of course, the number of codes is limited and the number of business models is unlimited so it becomes a burdensome, arbitrary, pain in the ass. It is straight forward once you have a classification. But things become more interesting because not all small businesses are created equal. If you are owned by women, some minorities, or vets, suddenly your small business is more equal than the others. Like others have said, get the government out of the picture. Get them out of the banks, the bedrooms, the boardrooms, education, medicine, retirement planning, disaster response, recreation, everywhere. Government is a leech and what it calls "the economy" are the easily controlled blood-rich portions to which it attaches itself. Anything not making money for its tentacles is demonized for the benefit of its prison-industry wing.

Well put. Laissez Faire FTW!