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July 13, 2003
Our Grand Ole' Economy
All throughout Arianna's book Pigs at the Trough she talks about the huge breaks corporations get for moving their headquarters offshore to Bermuda and it's as simple as opening up a P.O. box. The Agonist caught some news from Bob Graham and his views on the economy.
A post from The Agonist:
Graham pushed for a balanced budget. When pressured on how he would acheive this, he stated that he feels that since the past few generations have not balanced the budget, they have been passing deficit on to their children and grandchildren. Graham feels this is unacceptable and as such says it is time for sacrifice, just as we have sacrificed in the past, for example, to finance World Wars I and II. These sacrifices will come in the elimination of most of the Bush tax cuts and possibly the elimination of off-shore tax breaks.
Posted by beamz at July 13, 2003 1:52 PM