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GDP and USA productivity #1 in the world, who cares if you can not afford the future?

The deficit of trade and debit, is the worst in the world by 4 times. We have the highest interest rates in the world of the G8 and most of the fast growing countries. Moreover, the worst saving and investment in education and infrastructure in the world!

USA has the worst ROI, for corporation than any of the top 10 fast growing economics.

The state of California surpassed the USA in GPA growth for the 50 years in a row. However it has never been in the top 10 in the world ever.

Do you think we need to lower

Interest rates?
Minimum wage?
Immigration restrictions?
All Taxes?
All Government spending?

2007-10-31 12:39:18 · 1 answers · asked by Anonymous in Business & Finance Other - Business & Finance

1 answers

much would look different if we'd just grow spines [especially in Congress] and increased energy production in the US by 30% plus our growth rate.

Minimum wage isn't helping [illegals ignore it routinely, as they do our income taxes] and neither are our earmarks and pet boondoggles. [How unreal can you get? Louisiana's congressional delegation regularly asked for funds to research alligator farming instead of improved flood control for New Orleans.]

Taxing income is just plain silly, if not outright stupid. Every economist I know of says that anything you tax you get less of, so we tax productive effort. Doh. Change to consumption taxes.

2007-10-31 12:48:26 · answer #1 · answered by Spock (rhp) 7 · 0 0

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