No Quick Recovery for Stock Markets [View article]
Did this all have to happen? What if.....
1. ... we had added an income tax surcharge when times were good, instead of borrowing for government services and spending the money on excessive consumption?
2. ... the federal government didn't think regulation is a dirty word, and prevented the housing/financial disaster by preventing the orgy of fraud and greed that led to it?
3. ... we embarked on a serious energy policy, starting with an increasing, revenue-neutral gasoline tax to reduce consumption?
4. ... our tax system didn't encourage "American" corporations to send valuable manufacturing and engineering jobs overseas
This will go down in history as America's lost-opportunity decade. This didn't all have to happen. It was a result of policy.
What Are Some of the Best Hedge Fund Managers Doing? [View article]
No Quick Recovery for Stock Markets [View article]
1. ... we had added an income tax surcharge when times were good, instead of borrowing for government services and spending the money on excessive consumption?
2. ... the federal government didn't think regulation is a dirty word, and prevented the housing/financial disaster by preventing the orgy of fraud and greed that led to it?
3. ... we embarked on a serious energy policy, starting with an increasing, revenue-neutral gasoline tax to reduce consumption?
4. ... our tax system didn't encourage "American" corporations to send valuable manufacturing and engineering jobs overseas
This will go down in history as America's lost-opportunity decade. This didn't all have to happen. It was a result of policy.