The American Dream, coupled with government subsidies of utilities and cheap consumer goods courtesy of slave labour somewhere else, has kept the poor huddled masses from rising up.
The only thing growing faster than the federal government’s deficit is Chris Matthews’ man-crush on Barack Obama.
I wasn’t a normal professor. I had worked in government. I hadn’t written nine zillion books. I was a hands-on professor.
Since taking office, President Obama has signed into law spending increases of nearly 25 percent for domestic government agencies – an 84 percent increase when you include the failed stimulus. All of this new government spending was sold as ‘investment.’
I forget what the relevant American rate is, but I can tell you that our goal is to have a combined federal-provincial corporate tax rate of no more than 25 percent. We’re on target to do that by 2012. We will have significantly – by a significant margin the lowest corporate tax rates in the G-7, and that’s our – our government’s objective.