Some Advices to President Obama

Dear President Obama, As a finance and deliverance background student, I drive home some advices in how to encompass the contests related to current recession. In my opinion, we should do the pursuit things to run into the United States to solve the problem and at the analogous time, unwrap on the right way. Two peculiar(prenominal) things to touch on our short-run problem 1. insurance: Increase export Timeline: This insurance should become today and should proceed into the future. Reasons: This policy is intended to wee-wee the recessionary gap by export more goods and helper to countries like Brazil, Russia, India and China, which is so called BRIC. These countries have more purchasing berth than other countries as hygienic as their domestic marketing. At the meantime, the increase export lead boost the US economic system by stimulate a series of industries such(prenominal) as manufacturing and service business, thereby increasing the real GDP of the United States. 2. Policy: National gross revenue levy Timeline: This policy should drive today and should last at least(prenominal) by the end of 2015. Reasons: The policy is intended to fix the recessionary gap by charge value-added revenue enhancement or bailiwick sales tax, which can hoard up $41 billion dollars by 2015 and $281 billion process 2030. This tax can be do by to different goods and work by different tax rate.

For example, for private commodity, levying higher tax rate for the higher labeled price. Although it may limit the schooling of domestic consumption, many developed countries such as the U.K. and Australia in like man! ner 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 force in Iraq and Afghanistan to 30,000 by 2030. Timeline: This policy should start now and it impart continue eighteen years. Reason: This policy is intended to charge the national deficits using the way which disaster military spending. It testament do so by reduce the number of multitude in Iraq...If you want to get a full essay, arrange it on our website: OrderCustomPaper.com

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