We have a crisis in our schools. This is not a new revelation, but it needs to be stated regardless, particularly at the start of another academic year and at a time when America is struggling to compete in the very fields — math, science, technology — that are defining the global economy. Consider that U.S. high school students graduate with just a 32 percent proficiency...
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Kind of "over-simplification". Businesses aren't investing cash, banks aren't lending money, now why is that? Well, the banks can't-the Fed won't let them. Easier to rob a bank than borrow from one right now. As for business-well, you start with a plan and budget. 1 year, 2 years, etc. For an investment in growth, you do a long-term plan. Let's say a 5 year plan. If I don't know what my tax bill-and other federally mandated expenses will be, how can I budget for growth? How can I accurately estimate payroll, income tax, deductions, etc? I can't, so I don't invest that cash until the rules are more clearly defined. It's not rocket science, but it is difficult.
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