Wednesday, January 26, 2011

Obama's economic proposals: Okay, as far as they go

America, President Obama emphasized in his State of the Union address, must really be open for business. It must create growing markets for the alternative energy industry. It must generate more scientists and engineers. It must build high-speed rail and Internet to compete with other nations'. It must adjust corporate taxes so they're more in line with our global competitors'. All of these proposals are well and good, and a distinct improvement over the Republicans' alternative program of disinvesting public funds in the nation's future in hopes that the private sector will take up the slack. But making America more open for business addresses just one part of our national economic decline. The other challenge is how to make our corporations more open to doing business in America. Read the complete article in the Washington Post here.

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