Economic Proposals
As your President my goal is to achieve 4% GDP growth per quarter. To achieve this I propose the following steps. 1. A 5% income tax reduction. 2.10% business tax reduction. 3. Offset the increased deficit with a bond sale which we will repay over a 10-year period from the budget surplus. 4. 50% of the budget surplus will go toward deficit reduction which will reduce our deficit interest payments. 5. 25% of surplus will go toward infrastructure improvements. 6. 10% of surplus will go toward STEM & the arts. 7. 10% of surplus will go toward a national rainy day fund. 8. 5% of surplus will go toward congressional interests. We must make social security, Medicare & Medicaid solvent through 2075 so I will appoint two commissions comprised of financial, business, industry and legislative experts as well as current & future retirees, & beneficiaries to solve the fast-approaching bankruptcy of these vital programs. Congress will then take for action said recommendations. Together we can equitably solve the pressing problems of employment & income stagnation, and social program bankruptcy.