CSM

Yet Another Gruesome Employment Report

I agree with kevinm, to a degree.

1. Tax cuts for individuals and businesses across the lower tax bands.
2. Review government spending. After 8 years of Republican efforts to eliminate waste, I suspect it is more inefficient than ever.
3. Simulate the economy with a view to mitigating the worst impacts. For example, the US car industry may die but it makes sense for the government to do what it can to extend the death throes so the cascading impacts are minimized.
4. Use tax policies to reward those that do not outsource overseas. Reward further those bringing jobs back from overseas. See how effective it is to use both business taxes and personal taxes to drive this objective (not that the decision makers hold their own wealth above the health of the country). Help diminish the differential in profit between manufacturing in China or coding in India versus doing the same in the US or Canada. The "brightest" business leaders of the age have spent the last quarter century hollowing out the North American economy. The question now is will the structure collapse or can it be fixed. Like any such fix, it will be expensive, messy and take longer than originally expected.