The US is losing this competition, which has serious consequences for future innovation and living standards According to David Maalpass writing for Forbes.
Investors expect to invest in a government that can and will control spending. Where living standards and after tax profits are on the rise. To accomplish this we must cut federal spending and extend the Bush tax cuts. The US has the second highest corporate tax in the world and it must be addressed. The Obama administration must take a serious look at small business credit and pension reform.
The hallmark of sound government is sound money. When citizens cannot trust their money chaos ensues.