Wednesday, May 18, 2011

Reform Needed to Spur Economy

The middle class is reeling after a long recession, which is still not over.  In order to facilitate recovery, we must have a middle class tax break in order to help families cope with the economic downturn.  Seeing as the middle class is often hurt he most in a recession like this, they should get the tax break, not the wealthiest Americans, who can afford it.  Cutting taxes for the rich in a time where we have extreme debt is not prudent or logical.

In addition, we need to make it easier for people to start small businesses.  Encourage lending and venture capital, as well as tax breaks for America's smallest companies, which help drive struggling local economies forward as large corporations are sending jobs overseas.  renewed economic reform is critical as we aim to rid ourselves of the bonds of this recession.

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