Anyone interested in politics and business around here?
Would be cool to hear some of your opinions on the bad economy, political moves, and business in general.
I'm a little annoyed about the general political system in the US. It seems Republicans and Democrats are completly working against one another and nothing gets done. Republicans want one thing while Democrats want another. In the end, they complain and never get anything done.
I think US government needs to give large corporations an incentive to hire new employees. If it were me in government, I would cut the defense and medical budgets for around 200-500 billion and then use this money as incentive to hire new employees. It can come in form or tax breaks or instant money. This way, companies will hire people without a great expense, uneployment rate will drop and optimism will rise, and people will have more money to spend which will boost the economy.
Instead, government wants to increase taxes on companies. I realize the money needs to come from somewhere to lower the deficit, but I don't think we need to take more money from companies. I'd rather put them in a position where they can put more people to work.