Is the only way to stimulate the private sector tax breaks?
The Real Key To Fixing The Economy
Legalize and tax marijuana and prostitution.
Budget surplus in 15 minutes.
Not exactly sure how you equate marijuana to tobacco, though, other than they fact that both are plants that can be smoked. That's pretty much where the similarities end.
Let me guess... you've never smoked either one?
And yes, I have smoked both. Cigarettes for 7 years... started at 15 and quit when I was 22....and marijuana occasionally as a teen. Never really got into marijuana that much, as it never really did any thing for me...
Tort Reform - They need to enact loser pays laws in every state. Frivolous lawsuits should be punished until they are eliminated. There is no rational argument against this. None. These things crush small businesses. It sucks the entrepreneurial spirit out of a person. Trust me I've dealt with it first hand.
Regulatory Reform - We need responsible regulation. I'm all for it. But if anyone knew the amount of garbage being spewed at business owners that makes no sense whatsoever they would be concerned as I am. Regulation for the sake of regulation is not a good thing for a struggling economy. Politicians rarely consider the consequences of the laws they pass. They tend to look at positive intentions rather then results. That needs to change.
There is a reason that a recent poll of small business owners showed 21% Obama to 64% for Romney.
We have to weigh those concerns against each other and make a judgment call. I'm not for just drilling wherever there is oil regardless of the situation.
But the real disconnect, I see, is the difference between the views of regulation from both sides. When I say, as a liberal, that I want stricter regulations, I'm talking about Wall Street. When you say, as a conservative, you want less regulation, you're always talking about small businesses.
We can do both at the same time.
If I had my way... we'd use the taxes we collect from cigarettes, certain drugs we legalize (most of them, with the exception of perhaps Meth and Heroin) and prostitution to help fund a national healthcare system, in the mold Germany's system presently.
Let's take the original poster's argument 1 step farther down the chain of logic?
Q: How do you stimulate a private sector that has too much of a debt overhang?
A: Less private debt, AKA less spurring of business activity by borrowing.
Neither candidate has a plan in action to make this happen. Both will let the Fed handle it with bond purchases. But this does little other than provide liquidity, while doing nothing to reduce the debt levels of the average American.
Under the present monetary system, the only way to "stimulate" is to create more private bank loans out of thin air (debt with no backing). So the only courseof action they have is to exacerbate the precise symptoms which are ailing us.
Fundamental reform of the monetary system is the answer. Neither candidate understands this, so the economy will continue to worsen whether its Romney or Obama that gets elected.
Ron Paul only had half the answer. He wanted a full reserve banking solution, however he favors gold and silver, which history shows have been easily manipulated by private banks.