Re: Will it be a tragedy if Romney is elected and is given credit for a econmic recover
Back to governments role, is this the time to cut corporate rates??? Being Canadian I can tell you our experience with cutting rates is companies holding on to the cash or giving it to share holders and not creating jobs . However, it can be said that creating jobs is not the mandate of corporations. Anyways isn't there not only a lack of demand in North America but globally as well, wouldn't that indicate that the money that would be transferred from governments to corporations would become "dead money". Shouldn't we instead be putting money into hard and soft infrastructure so we can eliminate future costs to the tax payers??????