June 10, 2011
I read about your idea for another trimming of the payroll tax. That is a brilliant idea if you are a Republican looking to damage Social Security. For a Democrat it is one mother of a dumb idea. The supply side in this economy does not need any more boosting. Ask most businessmen and they will tell you what they need is demand for their products and demand comes from people with jobs and money to spend. Without jobs you will have a lot of people saying why should we reelect Obama. True you might get some of those people if you declared an end to your shitty little war in Afghanistan and told Leon Panetta that we will not keep US troops in Iraq after December. But their numbers won't be nearly enough to rescue you from your own deficit folly.
All this is a long winded way of saying you need to put forward jobs plans of every size and shape except as tax cuts. See, that's not too hard.