If the Administration Really Wants to Stimulate the Economy…

The American economy is still not out of the woods yet. Unemployment is still at an all-time high, despite a 5.7% growth in the economy last quarter. While such growth is obviously good, growth without job creation does not translate into long-term growth or a happy voting public in an election year.

A natural and easy way to stimulate the economy and make a large chunk of that voting public happy is to reimburse wage taxes for 2009 and pass on their collection for 2010.

This may not seem like a major economic stimulus, but employees will receive their entire checks, thereby having more funds to spend and introduce back into the economy.

I’m sure the federal and state and local governments would find that their income in 2010 would improve if people had more funds available to them.

We can be sure that the politicians in office at that time would certainly benefit from it…