Sen. Jim Webb talks about possible military options in Libya with CNN's John King.
I'm not a renown and respected economist like John Zandi of Moody's but I can't help but be VERY optimistic about the future economic growth of USA for at least next 4-5 years...unless the revolutionary contagion takes a violent turn. And you asked Mr. Zandi a GREAT question, which is what can the government do NOW to help facilitate this growth to placate those hawks screaming king dollar is dead & oil crisis & inflation around the corner!
1. Obama HAS to lower the corp. tax rate for a short time during this recovery to provide more incentive to re-invest in America
2. Do what they do best, say without doing; say that the reserves in Texas will be open to settle the US oil market prices. Even IF Saudi's show up in numbers in Egypt, there is NO WAY that they will jeopardize their greatest asset & lifeline for their economy
3. Take this opportunity for States fighting to reform unions and collective bargaining rights that have become too greedy and too demanding!
The dollar is weak compared to rest of world; there is nearly free money for investors & companies to borrow; private market NEEDS to grow to grow our GDP – the only true way to regain the health of our economy & and help balance the budget. Public employess/government jobs CAN NO LONGER BE the protected enclave and burden for the taxpayers...they have to be willing to sacrifice just as the middle class taxpayers have done in the past decade!
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