Friday, April 18, 2014
(Continued from page 1)
Students walk to class at the University of Southern Maine in Portland. Emphasizing USM’s ties to Portland could both bolster USM’s enrollment and attract students who’d wind up staying on and boosting the number of young people in the state, a reader says.
2010 File Photo/John Ewing
Our economy is running like a rowboat without a paddle -- down the rapids and headed for the cliff. We have little or no manufacturing backbone left, which has historically been the engine that powers recoveries that last.
A simple cure would be to give Americans a tax credit every time they purchase an American-made or American-assembled product (food excluded), up to a reasonable limit. The result will be that American consumers will ask and demand American-made products -- or at least will ask to see them first.
All of a sudden, merchants of goods will demand American-made products from their suppliers. The suppliers still in the U.S. will start expanding production and hiring. The foreign suppliers will rush to place factories in the U.S. so they do not lose market share, and these new factories will hire as well.
Those newly employed will start paying taxes instead of getting unemployment checks, food stamps, etc., and will cease being a drain on our coffers.
The government will win because more people will be working and paying taxes. And this added tax revenue (plus savings on not having to give out unemployment checks and food stamps) will more than make up for the consumer tax credits that will be allowed.
It's a win-win for everyone, and our country will be economically reinvigorated.
Some might say that the above might be unfair to our foreign trading partners. Well, we have an economic emergency, and it's high time we "take the gloves off" before we're carried out of the (economic) ring!
President's incompetence had positive result on Syria
The latest Syrian debacle has been, at the very least, bizarre. President Obama has shown an amazing degree of indecision and incompetence.
But before the Obama haters shake their heads, raise their fists and say "Right on," they should take a closer look at what has happened here.
If Mitt Romney had won the election, does anyone doubt that we would have already bombed Syria?
Romney would have bombed, the Republicans (the same ones telling Obama not to bomb) would have been 100 percent behind it, the spineless Democrats would have gotten in line for fear of being called "unpatriotic" and we'd once again be in a quagmire of our own doing. Sound familiar?
But -- thanks to Obama's incompetence, the Republicans' hatred, Secretary of State John Kerry's flippancy and Russian President Vladimir Putin's greed, we might actually be doing the right thing for a change. Amazing. Three cheers for incompetence.