House GOP Lays Out Plan To Expand Job Growth

[w8liftinglady]

(Pardon me while I barf.Enjoy- and feel free to give them the feedback they SO desire!)

http://majorityleader.gov/blog/2011/05/house-gop-layout-path-to-expand-job-growth.html

FYI –

•House Republicans unveiled a new job creation agenda Thursday that calls for lower tax rates, international trade agreements that spur the sale of American-made products and makes it tougher for the federal government to enact regulations on businesses.
•House Republicans have spent the first months of the new session focusing largely on cutting spending ... But now, Republicans say, is the time to emphasize the “growth” portion of the “cut and grow” agenda the party outlined last November in their “Pledge to America.”
•“We have said all along there are two tracks,” House Majority Leader Eric Cantor said Monday. “This is the other piece of the painting. The one side of the painting is about spending reductions and managing down the debt through expenditure reduction. The other is about growth.”

House Republicans Unveil Jobs Agenda
The Daily Caller
Chris Moody
May 26, 2011

House Republicans unveiled a new job creation agenda Thursday that calls for lower tax rates, international trade agreements that spur the sale of American-made products and makes it tougher for the federal government to enact regulations on businesses.

House Republicans have spent the first months of the new session focusing largely on cutting spending: They struck a deal with Democrats to fund the government through the fiscal year that cut billions from the federal budget and passed a House resolution budget that would cut $4.4 trillion over then years. But now, Republicans say, is the time to emphasize the “growth” portion of the “cut and grow” agenda the party outlined last November in their “Pledge to America.”

“We have said all along there are two tracks,” House Majority Leader Eric Cantor said Monday. “This is the other piece of the painting. The one side of the painting is about spending reductions and managing down the debt through expenditure reduction. The other is about growth.”

The initiative would drop the individual corporate and individual top tax rate 10 points to 25 percent, eliminate government regulation on industries that operate in the country, make it more difficult for the government to enact new regulations, initiate tax incentives for domestic energy production and end the double tax on American companies operating overseas.

Meanwhile, Democrats have badgered the GOP on jobs for months, accusing the party of not focusing their legislation on the unemployment rate, which continues to hover around nine percent nationwide.

“At every turn, Republicans have blocked us from creating jobs,” Senate Majority Leader Harry Reid, Democrat of Nevada, said earlier this month, citing a Republican effort to kill a Democratic bill the party said would create jobs. “Republican rhetoric is one thing, but their actions speak louder than words.”

With the plan unveiled, Republicans expect to begin crafting bills that fit the framework over the next few months.

According to House Republicans, the plan would:

• Require congressional review and approval of any government regulations that have a significant impact on the economy or burden small businesses.

• Audit existing and pending regulations to identify and address those that hinder economic growth.

• Increase American competitiveness to spur investment and create more American jobs by streamlining the tax code and lowering the tax rate for businesses and individuals including small business owners to no more than 25%.

• Reform the tax code to allow American businesses to bring back their overseas profits without having to pay a tax penalty so they can invest in our economy and create American jobs.

• Pass the three pending free trade agreements with Colombia, Panama, and South Korea to create up to 250,000 jobs.

• Continue to open new markets to American made products.

• Modernize our patent system to protect our nation’s innovators, discourage frivolous lawsuits, and expedite patent reviews.

• Re-Authorize and improve federal programs and approval processes to streamline development of new products.

• Remove barriers to building a first class workforce so that the United States can compete in the global marketplace and lead the way in technological development and growth.

• Maximize domestic energy production to ensure an energy policy for the 21st Century.

• Promote lower energy prices through increased domestic production.

• Encourage all forms of energy production.

• Build upon the House Republicans’ Budget by enacting significant spending cuts.

[Bubba Kush]

1. So, in other words, no job creation, but a huge tax breaks for corporations and the rich?

No thanks.

I'd rather see you cannibalize yourselves, and lose big in 2012, a permanent minority forever and ever.

People are sick and tired of the Rethuglican propaganda that they've been eating for 30 years.

[w8liftinglady]

2. Just wait until the Sunday Shows...republican Mecca and rewrite in progress

[PSPS]

3. It's becoming increasingly easy to translate their bile.

Here's a quick translation:

Require congressional review and approval of any government regulations that have a significant impact on the economy or burden small businesses.

Stop any attempt to regulate anything, effectively codifying tainted food, polluted air and water, financial fraud, deceptive advertising and defective products.

Audit existing and pending regulations to identify and address those that hinder economic growth.

Repeal all existing regulations that inhibit fraud and pollution or anything else mentioned above.

Increase American competitiveness to spur investment and create more American jobs by streamlining the tax code and lowering the tax rate for businesses and individuals including small business owners to no more than 25%.

Even more tax reductions for the rich. Believe it or not, GE and many other giant corporations are classified as "small business." So the CEO that makes a billion a year is considered a "small business owner."

Reform the tax code to allow American businesses to bring back their overseas profits without having to pay a tax penalty so they can invest in our economy and create American jobs.

Give the big GOP corporate donors a free pass for their illegal tax-avoidance schemes.

Pass the three pending free trade agreements with Colombia, Panama, and South Korea to create up to 250,000 jobs.

Move what little is left of our manufacturing base to Columbia, Panama and South Korea. That's where "up to 250,000 jobs" will be created, not here.

Continue to open new markets to American made products.

This is a non-sequitur. The US stands alone as a country without any real import tariffs.

Modernize our patent system to protect our nation’s innovators, discourage frivolous lawsuits, and expedite patent reviews.

"Tort reform." Big GOP corporate donors will be shielded from any responsibility for their actions ("frivolous" lawsuits,) and they will be able to steal the benefits other people's work ("patents") with impunity.

Re-Authorize and improve federal programs and approval processes to streamline development of new products.

Eliminate any review of effectiveless and safety for new drugs and frankenfood.

Remove barriers to building a first class workforce so that the United States can compete in the global marketplace and lead the way in technological development and growth.

Destroy the public school system, replacing it with inferior for-profit private schools that will drain the treasury.

Maximize domestic energy production to ensure an energy policy for the 21st Century.

Drill, baby, drill.

Promote lower energy prices through increased domestic production.

Drill, baby, drill.

Encourage all forms of energy production.

Drill, baby, drill.

Build upon the House Republicans’ Budget by enacting significant spending cuts.

Abolish all social programs like unemployment, social security (which plays no part in the federal deficit,) medicare, etc.

[Waiting For Everyman]

4. All of this agenda is for growth of PROFITS, not growth of jobs.

It's not the same thing. Matter of fact, the two are nearly opposites. Maximizing profits usually eliminates jobs.

The Repubs' plan above is more "black is white, up is down" bullshit propaganda. Standard schtick for them.

There will be no increase in jobs until the grassroots individuals who have been hurt in this economic crisis are allowed to RECOVER. Anything which facilitates that will help, anything which does not facilitate that or impedes it, will set the economy back.

We simply cannot do with a huge chunk of our people blackballed to the sidelines. That shouldn't be allowed to continue for moral reasons either. It's both wrong AND it's costly to the economy, two good reasons to fix it. All that would take is putting back the laws that the corporations got repealed for their own benefit. We used to have a level playing field and now we don't. That's costing us bigtime. Tilting the field MORE toward the corporations isn't going to fix it, obviously. That's total bullshit, and isn't even plausible on a basic common sense level.

What we need is a New Deal 2.0, and fast.

[AmericaIsGreat]

5. This one was hilarious

"Reform the tax code to allow American businesses to bring back their overseas profits without having to pay a tax penalty so they can invest in our economy and create American jobs."

So, you're going to give incentive to companies to bring jobs home by making it more profitable to have them overseas?

I swear to god, these people must just be fucking with us. Are they really this stupid?

[saras]

6. Good article, but unrec for misleading title

[jmowreader]

7. Hey Rocky! Watch me stimulate job growth by cutting taxes!

Again? That trick never works!