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One Would Hope

Today's Wall Street Journal had a front page article about United Air Lines which plans to hold a competitive bid for a massive order of new planes.  This is a good example of competition at work and could be helped by the government if they would stay out of the way. 
Even better would be the encouragement to businesses of all sizes by a large reduction in both corporate taxes and personal capital gains taxes.  Rather than waste money on bailouts for businesses that should be allowed to fail (money the government does not have and must borrow),  the reduction in business taxes would spur investment and business growth increasing the resulting tax revenue which could be used to reduce the government debt.  One would hope the Federal Government would act in this positive way.

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