Mr. President, House and Senate Members....Lead!
Now we all know how dysfunctional our political system is in terms of getting things passed than can help or reform our economy and long-term debt problems.
Now I am dreaming that this will happen, but imagine waking up tomorrow morning to this.
First we work a job package. Not any old job package but a job package with a twist, that spends every single cent on fixing our huge infrastructure problem. The twist would be to target first the long-term unemployed.Second, there would be no tax cuts in this package, every single cent goes to creating a new infrastructure job. Third, no money to the states to fix budget gaps, every single cent goes to creating new jobs. No more arguments about how many jobs were created or saved -- and all the new jobs would be for fixing a problem we can all agree we have here in the US.
Now, will this save our economy? No. However, it's a step to move forward and get some Americans working again.
Then tax/spending reform. If we can get a jump-start on the Simpson Bowles plan, then at least we can start the long process of making a deal that both parties can live with. Simpson Bowles was trying to get a bi-partisan plan that both parties could approve off and stop the madness of one party trying to block or rip away the other parties reform plan. Our elected leaders need to give , Mr. Simpson, Mr. Bowles, Mr. Conrad, Mr. Warner and many others some firepower to get things moving. Nothing will be perfect but a long-term tax/spending reform plan would be better than the extend and pretend madness we have now.
Is this possible, no, but imagine if we woke up tomorrow and we started on a job package and a real tax/spending reform. Now that would a nice surprise to see, leaders leading to get things done on both sides of the political houses.
Logan Mohtashami is a senior loan officer at his family owned mortgage company AMC Lending Group, which has been providing mortgage services for California residents since 1988.