Economics 101 tells us that when the private sector is down, then the public sector has to pick up the slack. More corporate tax breaks may go into research but not into employment.
Investing in our decaying public infrastructure is what is needed, such as building and repairing schools (this would mean lots of construction jobs); repairing and upgrading our national highway grid (this would bring lots of road equipment jobs); building new and replacing old bridges over our rivers, highways and rails; and, most important, let’s get the high-speed rail network built.
If sometime in the future United Airlines “perishes,” so what. I will gladly take a late afternoon high-speed train to New York and be there in my hotel and in time for a late nightcap.
