The Main, Most Important, Argument of president Obama for the Debate on the Economy

What republicans never seemed to understand during the last 30 years, is that in the new, global economy, the Keynesian stimulus of top capital will cause investment where labor is cheap, and divestment here. The tax cuts were used to move our factories to Asia. It's not the fault of the capitalists, each would have perished in competition, had he not moved production overseas like the others. The fault is with the Republican politicians who failed to limit their stimulus awards compulsion (and blackmail of Obama at budget time) to benefit only those who declared under oath with their tax return that they invested only in the US, past, present and future. Small businesses and some, like perhaps John Deere or Caterpillar, would have been the only that qualified. The savings= 7 trilloins