When your own panel says you’re doing it wrong, you know it’s going to be a long day.
“The U.S. must broaden its tax base and lower rates.” That would be in direct opposition to Obama’s tax the rich more class warfare model.
“The U.S. must… extract more coal, oil and natural gas” Also in direct opposition to Obama’s tax and regulate oil refineries, gas producers, and coal miners out of business model. You’ll notice a lack of “green” energy recommendations. That’s due to the complete un-competitiveness of the technologies. They in fact are part of our economic problem.
“The U.S. must… boost government research and development to revive the economy and stay competitive” First mistake. We do need to boost research and development, but in the private sector where the money is used efficiently. It’s an understandable mistake; government bureaucrats always think the answer is government.
““The economic recovery has to be driven by the private sector,” Obama said in his opening remarks at the session.” There must be an election coming, Obama’s talking republican. Is that an admission that the past 3 years of unprecedented government expansion and excess were a complete failure and waste of trillions of dollars? Of course not, just a smokescreen to get reelected before continuing his failed policies.
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