Earl's boy put it quite simple terms...PP either has to lead, lag or get the hell out of my way. PP not serious to curbing our national debt and deficits. PP is playing games and does not grasp the gravity of the crisis. He keeps running back to Paul Krugman at the NYT, for more Keyanism information. Dude you can't spend your self out of debt.
To expand on Earl's boy tax issues. Do you know the US Corporate Tax when both federal and state taxes are added together exceed 39%. The only country that has higher rate, is Japan and they have been in the toilet for almost two decades. Japan today is considering lowering their corporate tax rate 10 to 15%. Socialist Europe tax rate is in the 25-28% range. With high tech internet a company can be located any where. Why not in a tax friendly country?
Today the number of unemployment applications has jumped to over 400,000 again. Heading the wrong way, Mr President. But watch next week rates after BLS cooks the books the number will be down. Smoke and mirrors. Can't believe any #s and %s coming out of the PP Administration. Guess what? The new tech industry that are thriving today, smart phones, iPads and others gagets are low labor intensity. The employment rate in this industry ramp up is small compared to say housing, autos, appliances. The kid that runs FaceBook, with the President today to get some pointers. HaHa!
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