1. Cut the defense budget drastically. It's time to stop footing the bill for our allies. Pump that money into the economy.
Definitely.
2. Legalize and tax all drugs. This will drastically reduce prison costs and increase tax revenue. And create jobs. Lots of jobs I would think.
Agree to some extent - pot should be legalized and taxed, legalizing hard drugs would just be irresponsible on account of public health. But yeah, prison and legal costs need to come down and stopping the war on pot at least would help with that. Massively discharging people from prison would be legally difficult and a serious threat to the unemployment figures, though... it may have to be a more gradual deal, but then maybe that was what you meant in the first place.
3. Bring back manufacturing. Keep companies and jobs here in the states. Provide tax cuts and any other incentive necessary to keep the jobs here. Bow down to our corporate overlords.
On this topic, and this is actually the reason for my reply to you, you may be interested to read this and the other articles linked to from there (see the "Special Report" box to the right of the article, close to the top). Briefly summarized, manufacturing is already to some extent coming "back" or in some cases coming, period, as some of the companies of the developing world are opening factories in America (or Europe, though less so). It doesn't look like resorting to tax cuts is even needed; other incentives that would also be helpful in other ways, however, such as investing in research and education, would be very helpful.
4. Reduce the federal government. Trim the fat, so to speak. Let states take care of their citizens. Cut down the redtape the federal government is known for.
The American federal government - like the European Union, and like federal governments everywhere - should operate not based on ideology of big government or small government, but based on the principle of subsidiarity - if a task is more efficiently handled on a federal level, then keep it there, otherwise, leave it to the states (or local authorities). For many things, there's definitely still a role for the federal government.
5. Cut tax rates. The reduction of the federal government and the increased tax flows from consumption should make up for this.
Agreed if you also cut tax loopholes - just simplifying the tax system then, basically, and reducing the inequality in tax paying between those who know how to work the system, or can afford to pay someone to work the system for them, and those who don't and can't. Considering the budget deficit and the threat of the ballooning entitlements, I don't really think you can afford to reduce the effective government revenue from taxes. Not unless you add a point 6 in which you radically deal with the entitlements, anyway...
Here comes another recession - U.S. Economy Unexpectedly Contracts in Q4 - 
- 30/01/2013 07:50:03 PM
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- 30/01/2013 07:50:03 PM
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Down to the defence spending cuts and inventory restocking halt isn't it?
- 30/01/2013 08:43:35 PM
507 Views
*NM*
Considering the amount of space devoted to the issue of federal spending...
- 30/01/2013 08:58:21 PM
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DK's methods to fix the economy
- 30/01/2013 09:00:23 PM
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I agree with much of that.
- 30/01/2013 10:40:53 PM
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do you even read these articles before you spout off?
- 30/01/2013 09:27:22 PM
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Still blaming others, not Obama's fault, your messiah is perfect. Got it, thanks! 
*NM*
- 31/01/2013 12:30:19 AM
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*NM*
- 31/01/2013 12:30:19 AM
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well, i suppose if a tree fell on your head you'd still blame obama for it, so whatever.... *NM*
- 31/01/2013 01:04:45 AM
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He's not half as bad as a lot of people were about Bush, and no worse than you
- 31/01/2013 03:47:32 PM
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ok, fine. US HOUSE republicans are destroying the economy, not the GOP as a whole
- 31/01/2013 06:08:59 PM
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Re: ok, fine. US HOUSE republicans are destroying the economy, not the GOP as a whole
- 31/01/2013 10:15:57 PM
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Re: ok, fine. US HOUSE republicans are destroying the economy, not the GOP as a whole
- 04/02/2013 10:06:05 PM
468 Views
There's some very rose-colored glasses comments in there
- 05/02/2013 02:53:55 AM
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And here we had Helicopter Ben talking about ending QE earlier than expected
- 31/01/2013 10:12:44 AM
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