THE ECONOMY; AFTER LIBYA.

Now that Libya is almost behind the United States and its allies, let the government turn to the economy and ease the tension between businesses and the administrations's reforms, full of regulations, some of which happen to be too stiff.

It would be wise for President Barack Obama to deal with the "red tape" that the financial and business sectors are feeling strongly about. He has to do that now, while there is still more time to plan his campaign, in order not to rein in the victory he expects for his re-election to become a possibility.

In fact, if he takes his re-election seriously, he will get the economy on terra firma (firm ground) first, with the myriad of unnecessary regulations simmering down, (which rhymes with unemployment levels going down), for the hiring of workers to start now and not later.

For it must be emphasized that, if UNNECESSARY regulations are what are preventing the economy from growing as fast as he wants, then he must find a way to decipher the ones that are hampering his economic progress and throw them out.

Business owners and corporate executives are people too, and they have their political affiliations as well. So, they are not going do any hiring, even if they can, just to hurt a candidate, with whom they are at loggerheads.

Therefore, in his "NEW" plan to put people back to work, there have to be ideas coming from farmers, small business owners, importers and exporters, CEOs and all other entities that are involved in the state of employment; and of bringing about a strong economy as well. Their input will determine the outcome of any plan that he proposes.

It will be in their best interest for revitalizing the economy, by the president relaxing or even removing unessential rules, to make it worthwhile for their businesses, just as it will be in best interest of ordinary folks, who normally depend on the business world for their livelihood.

They (businesses) will have the freedom to operate, and that is when they will need more employees. They will then begin to hire, and unemployment will become a thing of the past. The economy will be moving in full steam ahead.

Government, however much it tries, cannot absorb all the unemployed with subsidized programs. It will end up becoming cumbersome (big government), and costly. Something the Conservative Party detests. So, let the Obama administration learn to be a little bit cooperative.

Stimulus spending must therefore be secondary in the president's new plan, as his critics are ready to hold his feet to the fire, if anything goes wrong. They have done it before, and they will do it again.

The first one did not work out. It rather culminated into the slow growth that was being experienced presently. Therefore, if there should be another one to please the left wing of the Democratic Party, it should be done moderately.

It must also be designed to suit the economic trend, like bailing out Wall Street and leaving out main street; with T.A.R.P. (Troubled Asset Relief Program) being a relevant example. It must be matched with small businesses getting a similar kind of help.

Cass Sunstein of the White House Office of Information and Regulatory Affairs has come out on Tuesday (yesterday) with a statement, that the administration was hoping "to scale back hundreds of government regulations.".

That is a step in the right direction; however, the president must not try to appease the financial and business worlds by tossing out important directives, to the chagrin of his own party. He must just discard the fluff of regulatory laws that are not helping the already strained economy, any.

His re-election will then be assured. It is very important for him to realize that, or he will let his supporters down.

As far as Gadhafi is concerned, he must rest assured. He (Obama) will catch him no matter where he (Gadhafi) roams.