Some Advices to President Obama

Dear President Obama, As a finance and miserliness background student, I drive home some advices in how to encompass the gainsays related to current recession. In my opinion, we should do the undermentioned things to run into the United States to solve the problem and at the very(prenominal) time, unwrap on the right way. Two specific things to designate our short-run problem 1. insurance: Increase export Timeline: This indemnification should become today and should proceed into the future. Reasons: This form _or_ system of government is intended to mint the recessionary gap by export more goods and work to countries like Brazil, Russia, India and China, which is so called BRIC. These countries have more purchasing force out than other countries as hygienic as their domestic marketing. At the meantime, the increase export lead boost the US economy by stimulate a series of industries such(prenominal) as manufacturing and run business, thereby increasing the real GDP of the United States. 2. Policy: National gross revenue tax incomeation Timeline: This policy should fit today and should last at least(prenominal) by the end of 2015. Reasons: The policy is intended to fix the recessionary gap by impose value-added tax or bailiwick sales tax, which can cope with $41 billion dollars by 2015 and $281 billion process 2030. This tax can be do by to different goods and function by different tax rate.

For example, for private commodity, levying higher tax rate for the higher labeled price. Although it may limit the suppuration of domestic consumption, many developed countries such as the U.K. and Au! stralia in any case levy the tax and no certainty shows that the tax raises the challenge of consumption marketing shrink till now. Two specific things to fix future deficits 1. Policy: slue the number of soldiers in Iraq and Afghanistan to 30,000 by 2030. Timeline: This policy should start now and it exit continue eighteen years. Reason: This policy is intended to reverberation the national deficits using the way which disaster military spending. It leave do so by reduce the number of troops in Iraq...If you want to get a full essay, collection it on our website: OrderCustomPaper.com

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