Tuesday, November 17, 2009

The Jobs Summit

The Obama administration announced plans Monday to hold a forum on jobs and economic growth at the White House on Dec. 3, after which the president will go on the road to demonstrate his concern about the nation's rising jobless rate. ...

"During these difficult economic times, we have a responsibility to consider all good ideas to encourage and accelerate job creation in this country," Obama said in a statement.

We will see whether the administration is really willing to consider "all good ideas." The two that make the most sense are reductions in employment taxes and reductions in the corporate income tax. Yet I suspect those two are exactly the ideas that will get little or no attention.

15 comments:

Brian said...

politics have more to do with emotion than reason. in that light, why should we expect that these "2 good ideas" would receive any consideration?

Eric Morey said...
This comment has been removed by the author.
Eric Morey said...

Do you know of any evidence that supports the possibility that, within a certain range, reductions in in employment taxes or reductions in the corporate income tax or a combination from current rates will increase federal tax revenue? In other words, is there a Laffer curve effect that can be taken advantage of?

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