Sunday, December 5, 2010

Former OMB Director The Recovery Myth

David Stockman, whose 10 minute appearance on the CNBC's strategy session left the hosts with absolutely nothing to retort. The chart at the bottom shows the truth.

In order to achieve true middle class job growth, Stockman believes the US needs to become more competitive in the global marketplace and regain some of the manufacturing production jobs lost. I doubt the corporate tax rate, amongst the highest in the world is the place to strat. You want manufacturing jobs, fix the tax rate.

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