What incentive is there to save money in this country? What percent is your bank giving you? Does raising the interest rates help at a time like this? I don't know, does it? Tell you one thing, if rates go significantly up, your house will be worth significantly less.

I don't think you can possibly squeeze any more taxes out of the middle class. I think any business that outsources jobs should not receive tax breaks. I think capital gains tax should increase to 20% for those who earn over say $250k....maybe push that up to $300k.

The middle and lower classes are taxed heavier, per dollar earned, than the rich. If you do not save any money, you are being taxed on virtually every cent you make, multiple times. Something has to give, and its the top euchelon that has the excess.
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If we ignore the environment it will just go away