Wwhile much of the pain may not be immediate, the sequester will soon take a horrible toll on all of us. To me it's just another reminder that the rich get richer while the rest of us just get screwed.
Is what I am proposing pretty radical and does it face an uphill battle in Congress? Absolutely. But the stakes are enormous for the country and nickel-and-dime tinkering with the tax system will not fix the problem.
The shift toward electronics and other high-tech products requires different facilities and skill sets than the U.S. employed in its manufacturing heyday. And as a country we need to portray manufacturing as an attractive, stable career.
We define "Creation Nation" as a country in which the private and public sector collaborate to develop and commercialize innovative products and services that create businesses or business opportunities that grow the economy and generate good-paying, value-added jobs.
If FDR were president today, my guess is he would not meet in secret with the House speaker to cut a backroom deal that would further hammer the 99 percent by reducing Medicare and Social Security benefits. Instead, FDR would call it like he saw it.
In the name of "fiscal responsibility," the self-interested CEOs animating Fix the Debt are pushing a deficit reduction plan that would lower taxes for corporations and the super-rich while slashing programs central to the middle class and those working their way into it.