MEG WHITMAN AS EVIDENCE: And End to the Great Bond Bull Market - Barrons.com
As Meg Whitman has shown in California, one wonders if the Republicans will have the guts to tackle one of the great constraints on growing the old economic pie - i.e. to recognize the US needs a non-putative immigration policy that encourages the best and the brightest to come and stay and work in America at will.
Clearly QE2 hopes to have people invest and do cutting edge work; but, one wonders if it isn't pandering to a union and Administration belief that even with high taxes (especially on investors and business) that America will rebuild factory jobs for those with high school at best educations or technical jobs where the fiscal policies of the US support moving those jobs offshore as well.
Clearly the Democrats don't get what it takes to spur an information-based, leading edge economy; but, do the Republicans? - i.e. nothing much may change in the end.
Saturday, October 30, 2010
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