johnm h Wrote:
Nov 14, 2012 9:11 AM
All the ideal tax reforms are irrelevant. This administration won't reform taxes, won’t cut the budget, and won’t stop grabbing power. They will use regulations to gain even more control of the economy and they will cut waivers for their friends. This is what a corporate state does. Small business will suffer but the giant corporations will do just fine. That is what a corporate state does. We won't face a fiscal cliff because the economy will stagnate broadly and the growing edge will be large corporations friendly to the corporate state. This can continue as long as the Fed finances the takeover. Vigorous economic growth threatens them, not stagnation.