She wants to "provide significant relief from punitive taxation".
There is virtually no developed country in which tax rates are lower than ours.
"A national infrastructure bank is a great place to start securing the
funding we need to increase our mobility, create jobs and enhance our global
competitiveness," said Chamber of Commerce President Thomas Donohue last
year. "With a modest initial investment of $10 billion, a national
infrastructure bank could leverage up to $600 billion in private investments to
repair, modernize and expand our ailing infrastructure system."Sen. Kay Bailey Hutchinson, R-Texas, and Sen. James Inhofe, R-Okla., among the
most conservative members of Congress, have each co-sponsored legislation to set
up an infrastructure bank in just the past two years. But now that it's a
centerpiece of Mr. Obama's jobs plan, conservatives view an infrastructure bank
as, in the words of the Heritage Foundation, "one idea that ... would do
little to spur the economic recovery -- and nothing to create new jobs."(Pittsburgh post-gazette Sept 2011)
As was correctly pointed out in the last Republican presidential debate,
Obamacare was proposed by the Heritage Foundation. Of course, as soon as Obama
sponsored it, they opposed it vigorously. That should tell you what you need to
know about the opinions of this once respected think tank, that has now become
the propaganda wing of the Republican party.
The free trade agreement with South Korea will produce 280,000 US jobs?Think about that for a second... Does Korea import enough goods - from
anybody - to create 280,000 *new* manufacturing jobs?This figure is
highly, highly doubtful. The whole piece is undermined by this hallucinegic