Friday, February 22, 2013

Some Advices to President Obama

Dear President Obama,
As a finance and preservation background student, I drive home some advices in how to encompass the challenges related to current recession. In my opinion, we should do the following things to run into the United States to solve the problem and at the same time, unwrap on the right way.
Two specific things to fix our short-run problem
1. Policy: Increase export
Timeline: This insurance should become today and should proceed into the future.
Reasons: This policy is intended to fix the recessionary gap by export more goods and services to countries like Brazil, Russia, India and China, which is so called BRIC. These countries have more purchasing power 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 service business, thereby increasing the real GDP of the United States.
2. Policy: National gross revenue tax
Timeline: This policy should start today and should last at least(prenominal) by the end of 2015.
Reasons: The policy is intended to fix the recessionary gap by levy value-added tax or bailiwick sales tax, which can gather $41 billion dollars by 2015 and $281 billion process 2030. This tax can be do by to different goods and services by different tax rate.

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For example, for private commodity, levying higher tax rate for the higher labeled price. Although it may limit the development of domestic consumption, many developed countries such as the U.K. and Australia also 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 troops in Iraq and Afghanistan to 30,000 by 2030.
Timeline: This policy should start now and it will continue eighteen years.
Reason: This policy is intended to recoil the national deficits using the way which disaster military spending. It will do so by reduce the number of troops in Iraq...If you want to get a full essay, order it on our website: Orderessay



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