OnePercenter
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- Apr 10, 2013
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- #21
US economy expanded at 2.4 percent in 4th quarter - Salon.com
If you really want to see economic expansion
-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2013 rise in food, shelter, and transportation.
-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees.
-Adjust Social Security and private/public retirement and pension payments using 1970-2013 price structure.
-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years.
-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.
I guess that can work provided you don't mind seeing unemployment double or triple and prices on goods go through the roof.
Actually small business (200 employees or less) can hire more without effecting/affecting their bottom line.