The Heritage Foundation is now calling for lower capitol gains and corporate tax rates, assuming that they would have to make an actual profit first.  Yet in the same breath, now acknowledging borrowing money for tax cuts is spending. Of course that is in reference to middle class tax cuts, not corporate.  That is the current frontal assault, that and screaming about the massive spending package.  I guess they have not noticed that by following the above mentioned policies along with the quest toward multinational imperialism the national debt went from 5 to 12 trillion dollars in 7 years.

Last year’s estimate on highway infrastructure shortfalls was 1.2 trillion dollars, something to keep in mind when they cry about the infrastructure stimulus.  Batra tried to correlate productivity and wages against our deficits. That may be true on the private side, but on the federal side our budget deficits can be correlated to our trade deficits. Any solution that does not addres the exportation of US technology for development elsewhere and 100% electric/alternative fuel hybrids will fall short of anything more than a band aide. Lobbyist be damned.

by sisco66 on 01/07/2009 06:53:01 AM EST

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