Monday, February 01, 2010

WHY

I do not understand why every initiative from the Federal Government carries a high price tag. It seems to me that the Government could boost job creation without spending much if anything at all! All that may be needed may be something simple such as an encouraging word or a minor change in laws that could be pursued by Congress or, at worst, a small tax incentive (ie. reduce or eliminate some taxes). I haven't heard of any new initiative that will cost less than a BILLION dollars. As an example, create an incentive to get the US back into Steel production by providing a favorable set of regulations for some ongoing projects; or maybe reduce some requirements that would create a better business atmosphere for oil drilling or Nuclear power plant building (environmental concerns and gross over regulation has prevented any new nuclear plant construction since 1979!). What ever happened to the "Buy America" regulation/requirement for Defense and other Government agencies?

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