Image from a quicklink (Image by Unknown Owner) Details DMCA | A new report from an international economic organization makes a strong case that many of the Obama Administration's policies that Republican Party leaders decry as radical and socialist are in fact uncontroversial, fact-based ideas embraced by experts from 34 developed countries.
The latest U.S. economic survey from the Organization for Economic Cooperation and Development (OECD) warns that too much immediate deficit cutting in the United States would stall the recovery, and recommends raising the capital gains tax rate and reducing tax breaks to the rich in order to address the country's dramatic income inequality. The report also calls for increased funding to improve educational outcomes and address long-term unemployment. "It's based on what works and what doesn't work," said Richard Boucher, a former Bush administration spokesman... |