« A Gift for President Obama
Congratulations to our new President, Barack Obama; and isn’t it wonderful to get rid of the politically correct term: President-Elect. We all (except for a few moronic individuals) wish him the best, because his best is in our own best interests.
What a wonderful day, this January 20, 2009, to initiate this blog! My personal gift to the ex-President-Elect is a STIMULUS idea that I have not previously heard.
Some time ago, an official from a retailers association suggested a sales-tax holiday. Apparently it did not go over well since I heard no more; while it would help retailers, the bulk of the money would end up in the hands of the Chinese who make most of our goods, and our trade deficit would have gotten worse.
Suppose, however, we had a sales-tax holiday ONLY on goods made in America with a limit of 20K/25K. (1) Luxury items and gas guzzlers would be eliminated. (2) American sales would increase and new jobs would be created – here in the USA. (3) The trade deficit would decrease if anything. (4) The sales-tax holiday could cover a longer period of time giving people an opportunity to research American-made goods.
NO PORK HERE!
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