Pushing Economic Revival

Pushing Economic Revival - need to diminish The longer that...

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Darryl Williams Dr. Fulgham ECO 212-01 2 September 2010 Pushing Economic Revival Obama and Congress are currently trying to revive the economy as quickly as they can. Preferably, they want to pass a few revival acts before the new congressional elections. It seems that the best route to take at the moment is to have more government spending and less taxes. Another reason why the economy is trying to be revived quickly is because unemployment rates
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Unformatted text preview: need to diminish. The longer that unemployment is high, the unemployed are at risk of becoming permanently unemployed. This is because work skills decline when they are not being used for long periods of time. What the government needs to do is continue tax cuts for middle and low class citizens, and return tax levels to normal for the upper class....
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