I don't know about the rest of you guys, but I know about a hundred people who have tried to start a business during the last 30 years of Raygunomics, and, well, it's been difficult.
So, given the fact that the auto industry in the US is about to keel over, I have a very, very, simple suggestion.
I propose the BRC. Yes, a new bureaucracy!!!! The Business Reconstruction Corporation.
The BRC's only mission is to be a venture capital firm run by the government. To make it work, we get real venture capitalists involved.
The idea is simple. The government establishes a venture cap type agency that invests in good ideas AND is willing to lose. Then, when the rare google comes up, the gov gets a share of the IPO.
You want a New Deal? Think out of the box. But since I am dealing with leftists (who I love), I offer this vote: