Posted by: TM November 11, 2011
To all current and future Grad Students
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I hope the Budget Super Committee is reading this post. Thanks to social media tools like facebook, twitter, and the likes, any group, minority or majority alike, can try their hands at group bargaining.

In order to avoid the fate faced by nations like Greece or Italy, US needs to expand its tax base and dramatically reduce spending. I am for tax reduction for every consumer not just for people smart enough to look out for themselves. Do not forget two-thirds of US economy is driven by consumers who can kick off the trickle-down effect. Entrepreneurs or employers who directly recruit new workers to their payroll and sustain them for a specified minimum length of time should also be given tax breaks. The students-turned-entrepreneurs who leave college to start their own company should be incentized for creating jobs. Call me ignorant but this is what makes sense to me.

My initial response was actually directed to the seekers of "student loan relief".

Peace now!
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