Sallow
The Big Bad Wolf.
As it should be. When a private company has a revenue shortfall, they have to layoff workers. The government should be no different.
Private companies have been laying off lately during times of crazy profits.
Which in turn caused much of the cyclical collapse in employment we've seen in recent years.
Off-shoring, Near Shoring, international conglomerates, reduction through removal of redundancy...in essence..De Facto Monopolies.
And the consolidation of wealth.
The march toward the Conservative goal of a Third World America continues! Good job boys!
Uh, no. That hasn't happened. But if you want to know why companies off-shore, look no further than Washington. When a country makes it difficult to do business within its own borders, off-shoring occurs.
BTW, did you hear that Canada just lowered the corporate tax rate? Expect their GDP to get a big boost.
Corporate Income Tax Rates | Canada Business Tax | Canadian Business & Corporate Tax Rates
Uh..yeah.
And Canada..has some extremely tough banking regulations. Hence they didn't need to do bailouts. Hence..they have the cash to cover lowering corporate rates.
But cherry picking is fun.
Carry on.