The stimulus, just isn’t stimulating, nor will it. Instead, America is saddled with unbelievable debt and the future of America’s strength in the world is in doubt:
Taxing Away American Jobs
by Hans Bader
May 11, 2009 @ 11:17 am
Obama’s plan to raise taxes on the foreign operations of U.S. businesses may destroy management and professional jobs in the U.S., will put American business at a competitive disadvantage versus its foreign competitors, and may result in profitable overseas operations of U.S. companies being sold to their foreign competitors. So concludes the Washington Post’s Robert Samuelson in his column today. It’s yet another example of Obama sacrificing substance for grandstanding. As Samuelson notes, U.S. corporate taxes are already among the highest in the world.
Truth, Lies and In Between 