Posted 09 December 2008 - 11:41 PM
Would love to agree as I am not a doom and gloomer. But I just don't see it. There is only one way out of this mess, and that is to grow the economy and the only way to do that is massive, massive tax cuts. This administration is against tax cuts. All of these bail outs are just magical thinking. It cannot fix the problem, as these losses have to be taken. Putting people to work turning big rocks into small rocks is even more of a dead end. The only way out is a bold plan of a complete restructuring of our tax system, and the only way that is going is up. We are screwed.