Now I know those folks in Washington just saw what it will take to balance the budget with the Simpson/Bowles deal. So how do we begin to reign things in? Tax breaks for all!
We need manufacturing jobs, and we need the government to spur investment in battery technology and production. A moonshot for energy on many levels....
"...we need a plan, not just more sugar treats. Surely the cynical quote of the week — courtesy of The Daily Beast — goes to Dan Bartlett, the former George W. Bush administration spokesman who was speaking about the tax cuts for the wealthiest Americans that Bush “temporarily” put in place a decade ago: “We knew that, politically, once you get it into law, it becomes almost impossible to remove it. That’s not a bad legacy. The fact that we were able to lay the trap does feel pretty good, to tell you the truth.”Bartlett offered no thoughts as to how these budget-busting tax cuts will address our country’s deficiencies today — just a high-five that in the politics of sports, the G.O.P. just scored a goal on Obama.
We don’t seem to realize: We’re in a hole and still digging. Our educational attainment levels are stagnating; our infrastructure is fraying. We don’t have enough smart incentives to foster both innovation and manufacturing; we’re not importing enough talent in an age when we have to compete for jobs with low-wage but high-skilled Indians and Chinese — and we’re still piling up debt. Responding to all this will require a whole new hybrid politics for where to cut, where to save, where to invest, where to tax and where to untax. Shaping that new politics is a revolutionary role I still hope President Obama will play....
...Economics is not war. It can be win-win, so it’s good for the world if China is doing better. But it can’t be good for America if every time we come to a hard choice we borrow more money from a country that is not just out-saving and out-hustling us, but is also starting to out-educate us. We need a plan. "