WSJ An Alternative Stimulus Plan, Michael Boskin 11.17

There are some good ideas in Boskin's article. Do thyself no harm is one which makes perfect sense. New programs like cap and trade, extra taxes, excessive health reform costs, make no sense at a time of massive job loss, Missing from the piece however, is the message I keep emphasizing, in the media, in fact it seems that the President's people might be listening, in a nut shell here is the idea, it will work!

Corporations that have expanded their job bases in foreign countries and have sent American jobs overseas should be given incentives to restore many of these opportunities to American workers. Those bringing jobs back to the U.S. and participating in the job restoration effort would receive a complete exemption from federal and state taxes. This exemption would be based on actual performance and jobs restored rather that corporate window dressing. Those companies participating in the job creation program would receive the same exemption based on observable results having reached stated goals.

China, doesn't tax these new employers, why shouldn't we exempt them based on the jobs returned or created. This is not rocket science, just merely common sense. We must put American workers first.

I have argued for this approach over several months. Let's give it a try, it will make the difference for all workers. My only motive for presenting the concept is to see my friends, family and all American workers back at work.

Dr. Alan Phillips
http://NationalDirection.Blogspot.com/