And allowing the immediate write-off of interest expense (in buying capital equipment ) like what is allowed to happen in the financial service industry is the first step to making that happen. Agreed. The tax structure has to be changed to become more favorable in treating the purchase of capital equipment. That would be a "no-brainer" boost to the manufacturing sector.
Really? Then why isn't M3 money supply exploding? http://www.shadowstats.com/alternate_data http://www.shadowstats.com/alternate_data/money-supply Maybe you meant that the Fed doubled its BALANCE SHEET. Not the "number of dollars". BTW banks can "print" (and they did) more money because of fractional lending, thah the Fed.
..................................................................... Nice start....not enough.... Let's make it F'in permanent.... Valuations to the moon.... All the past high numbers get small.... Not to mention "FREEDOM # 1".... And no....I am not joking.... Equal and opposite reaction justifiable.... Create it.... "F" the current situation..... Enough already.... Impose the 10/5 C tax only....no more partial bandaids....