God Speed President Obama!
Posted by: Earl
on Jan 19, 2009
Tagged in: Green Businesses , Economic Stimulus
We are about to witness an historic event. Who could have imagined? We’ve elected an African American to the most powerful office in the world. I tend to lean in the other direction politically but I have to say that I am proud to be an American when we’ve come this far.So what does this really mean? In the grand scheme of things it doesn’t matter what his ethnic heritage is. He’s an American. I’m interested in results – national security, the vision to implement the structural changes in government that are required for the long-term, and economic policies that provide incentive to businesses in the US to continue to lead the world in technological innovation.
Or, is this an investment? If our government authorizes funds to be spent that can show a tangible return perhaps it should be called an investment.
We need to quit quibbling over semantics. A tax cut can be considered an investment if it stimulates more private investment that results in greater tax revenue. The short-term reduction in revenue has nearly always resulted in increased revenues due to the growth is stimulates. It does not matter if it positively affects people with more money than you. They are not keeping that money under their mattress. It is getting invested or spent and that ultimately is good for all of us.
I wish Obama the best! Please make it a priority to see to it that people and companies that have the means continue to have the incentive to invest and grow their wealth. We will all be better off for that. At the same time, you would create an environment for investment in things that will result in reduced reliance on foreign energy, reduce emissions, and make this world a better place for our children.
God speed President Obama!
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