Keep in mind that the politicians, including Obama, are buying into the argument that we have to do something to make the world better for business and then business will do good stuff for the American people; Sort of a modified "What's good for GM is good for America" approach. Keep in mind, when we did all that deregulation, that
was for the good of business. And what did they do in return? They bankrupted the country.
Also keep in mind, those who are howling most about the deficits, like the banksters who say they can't loan money until things are more stable, are also many of the same corporations who received the most in stimulus payments and bailouts. In other words, they are screaming about deficits which they are largely responsible for, by creating the need for them to be bailed out, and now they hide that money in offshore accounts, while demanding that the solution for the deficits is to cut entitlements and give them more tax breaks.
Lewis Carroll couldn't come up with this kind of ****.