This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

New Jobs That Can Save the U.S.: Opinion

5. The Pelosi/Obama team wants to let the Bush tax cuts expire to help balance the budget while they spend more and more money. Many economists agree that increasing taxes during a severe recession is a bad thing and will lead to lower economic growth.

6. President Obama wants to grant amnesty to 12 million to 20 million illegal residents of the U.S. as soon as possible without regard to the jobs depression or anything else that might be happening. The granting of amnesty will certainly lead to a huge increase in the number of people officially unemployed and will put downward pressure on wages for many Americans. I think we can grant amnesty to people who can speak, write and read English, and maintain wages if we put my plan into effect as stated below.

8. We should end our wasteful ethanol subsidy program and allow Brazilian ethanol, which is made from sugar, enter the U.S. without a massive tax. Ethanol made from sugar is economically feasible while ethanol made from corn is not, and the program drives up food prices. In addition, because corn ethanol subsidies at the state and federal government levels, a lot of farmland is coming out of the land bank to be planted in corn. We might cause another Dust Bowl if we keep taking land out of the land bank and planting corn post to post. We could use the ethanol issue with Brazil to allow our products into Brazil without tariffs.

3 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
APC $93.78 0.67%
BP $43.58 1.20%
CHK $14.56 1.10%
LNG $75.44 -0.89%
PDS $6.96 1.40%

Markets

DOW 18,108.07 +70.10 0.39%
S&P 500 2,113.02 +4.10 0.19%
NASDAQ 5,056.6410 -3.6050 -0.07%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs