President Obama held his job summit meeting today and honestly the only thing worth noting: he doesn’t have a clue what it takes to create jobs.

Obama had challenged his audience to help him come up with innovative ideas for putting millions of Americans back to work, saying he wants the “biggest bang for the buck.” Fox News

Here is a President who has never held a private sector position of any significance, never ran a private sector business, never started a small business. His only experience is being a community organizer! He totally believes government is the solution to all our problems, including creating jobs!

Well here are a few things the President should consider if he wants to stimulate job growth:

• FREEZE ALL GOVERNMENT SPENDING. Government spending reduces productivity as resources are withdrawn from the private sector and placed in the unproductive public sector. Seriously the out of control spending has to stop, he and the progressive Democrats are bankrupting our country. Government Spending and Economic Growth
• REDUCE THE TAX RATE ON ALL BUSINESSES.
  

  It may come as a surprise that US companies pay the highest taxes in the world. Yes, you read that right. American businesses, large and small and across all industries pay from 35% to 41.6% of their income in combined state and federal taxes. The 41.6% maximum rate is scheduled to rise to 46.2% in 2010 when President Obama’s promised tax increases are implemented. American Thinker

  Mr. President, you want to stimulate job growth, then reduce the tax rates on businesses.

• Renew the U.S. Commitment to Free Trade. Openess to free trade and investment flows is a key factor in stimulating the long-term economic growth that is essential to stimulating job growth and poverty reduction.
• Stop Bailing out Businesses. No business is to big to fail. It is not your responsibility to pick winners and losers. When a business fails because of corruption and mismanagement, another business will rise because of innovation, technology based on sound business principles.

These are a few sound ideas that would help stimulate the economy and would definitely go along way toward reducing unemployment.

• FREEZE ALL GOVERNMENT SPENDING. Government spending reduces productivity as resources are withdrawn from the private sector and placed in the unproductive public sector. Seriously the out of control spending has to stop, he and the progressive Democrats are bankrupting our country. Government Spending and Economic Growth
• REDUCE THE TAX RATE ON ALL BUSINESSES.
  

  It may come as a surprise that US companies pay the highest taxes in the world. Yes, you read that right. American businesses, large and small and across all industries pay from 35% to 41.6% of their income in combined state and federal taxes. The 41.6% maximum rate is scheduled to rise to 46.2% in 2010 when President Obama’s promised tax increases are implemented. American Thinker

  Mr. President, you want to stimulate job growth, then reduce the tax rates on businesses.

• Renew the U.S. Commitment to Free Trade. Openess to free trade and investment flows is a key factor in stimulating the long-term economic growth that is essential to stimulating job growth and poverty reduction.
• Stop Bailing out Businesses. No business is to big to fail. It is not your responsibility to pick winners and losers. When a business fails because of corruption and mismanagement, another business will rise because of innovation, technology based on sound business principles.

These are a few sound ideas that would help stimulate the economy and would definitely go along way toward reducing unemployment.

Related posts:

1. Larry Summers: Most Economist Believe Higher Taxes Spur Job Growth
2. More Jobs Lost Under Obama Last Year Than Any President Ever
3. Copenhagen climate summit: 1,200 limos, 140 private planes and caviar wedges
4. Obama Continues Assault on Private Sector in Weekly Address
5. Health Care Summit: Paul Ryan Shined Exposing Democrat Tricks