Bringing Back Jobs to America - Is a Waste of Time - by LightsOut

As President elect Donald Trump prepares for Inauguration Day, the following should concern us all!

With all the talk about bringing back jobs to America, what does this mean to the average taxpayer? It means more subsidizing large corporations, many of whom are in declining markets.

So we will give these companies lower tax rates (which we should by the way) but the costs of goods to Americans will be much higher in many cases!

A much better way to create more jobs is very simple and cost effective. Keep in mind that the Small business is the one that creates the most jobs and the most new technologies!

Big Corporations start out with one or more persons that pursue a new idea/s. Think about companies like Microsoft, Apple, IBM, Fastenal, Ford etc….

The best way for creating more (good) jobs is to help Entrepreneurs start up their new small business!

Example:

If one billion dollars was taken from a bloated government programs budget (military) for example, and that money was put into a new account like “Make America Great Again”, then the proceeds might be used as follows.

For any American that is at least 18 years old, who can produce a viable business plan that would have to pass a review board, they would be allocated a $25,000 to $50,000 grant to pursue their ideas.

$1,000,000,000 would create 20,000 grants of $50,000, or 40,000 grants at $25,000.

$10,000,000,000 would create 200,000 grants of $50,000, or 400,000 grants at $25,000.

$100,000,000,000 would create 2,000,000 grants of $50,000, or 4,000,000 grants at $25,000.

One Trillion dollars+ is now being talked about by the incoming President to jump start the economy! That amount of money would help between 20 and 40 million people try to start their own business!

A lot of these start-ups would fail, but many of these start-ups could/would become huge, plus a lot of new technologies would come to fruition that could eventually create the millions of GOOD jobs we will need.

The big plus is that 100% of the grant money would come back into the system as it was spent by the new start-ups!

Currently we have a system in place called the SBA which is an outdated and non efficient system. I have personally tried to use them for several start-ups, and became frustrated with them wasting my time! In both cases it boiled down to them telling me that I had to get my own funding, but they would put in a good word for me at the bank. Both times I declined and got my own financing with a lot less interference and red tape! 

This grant money system would be much more efficient and cost effective than what we have in place now. We could still use some present infrastructure in place at the local levels like the SCORE chapters to help the new entrepreneurs if needed. Also, a website with an online class for starting and making a business plan should be available for all people to use, free of charge! This FREE class would be a prerequisite before applying for a grant.

The above scenarios are just examples. Many more variables like different amounts of money for grants like a micro grant of $500 or maybe larger grants that would require you to personally match the amount, or allowing multiple people to pool their grants for larger start-ups are some other options!

If you agree with me on this, please get the word out, starting with people in your own community.

I hope President Elect Trump will consider a new program like this!

I wish you all the best in 2017

LightsOut