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Re: 'Biden's job plans' [Village News, Letter, 5/6/21]

I doubt that many people have read the "American Jobs Plan" put out by the White House. John H. Terrell has, and he is enthralled with it, writing a glowing review of this lengthy list of promises and platitudes.

Here are some of the impressions that Mr. Terrell came away with: It is breath-taking, bold, and far-reaching. He is sure that Biden will provide "a large number of jobs over a wide range of professions and economic levels from trainee to seasoned CEO."

This plan is "notable not only for its breadth, but also its depth." Biden's plan will include infrastructure remediation and pro-active climate change efforts, and, get this: "integration of resilience."

This enthusiasm for what President Biden says he will do is is surprising, considering the man is not known for accomplishments, despite being a big-government employee for almost 50 years.

His immediate predecessor, President Trump, is an authentic executive in the business world. It was he that oversaw the lowest unemployment and most job gains in decades, notably by reducing taxes.

What is Biden's solution to pay for all the extravagance of his Jobs Plan? It is to raise taxes, or as Mr. Terrell phrases it: "they (wealthy elite, AKA business owners) can reduce the amount of money they are taking in, letting more money go into the economy."

Terrell believes that a majority of these elite business people want to pay more in taxes. I've never met any of them, but I'll take his word for it. What many people seem to miss is that money not spent on taxes is in-fact going into the economy, in the form of paychecks to employees, business and personal loans, construction, and so-forth.

David Lewis

 

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