Friday, December 10, 2010

Honors History Blog #2

Dear Mr. Obama,

I am writing to you today to suggest a plan. A plan on how to change the current America and save from the ever advancing “Great Recession.” I would like to start and bring up FDR’s plan to help in the “Great Depression.” One of his requirements is that his plan be “Simple. So simple that everybody will understand it.” And this is where social security came into play. Social Security was put into place to help avoid future events like the “Great Depression,” and it hasn’t. Since FDR’s death there has been 12 official recessions.

My first problem is that you haven’t followed through with what you said was your plan. This recession has been going on for 20 months now and the unemployment rate is .5% higher than is was before your “plan” was instigated. We have lost 3.6 million jobs and you stated you would save millions.

First thing is first, no more federal spending more debt is not going to help us. What we do need is people spending their money. That is the key to digging out of a recession. I suggest cutting sales tax, even if only for a short amount of time. Sales would hit the roof, and that is what you need. This time of year would be ideal for this because people are spending a concentrated amount of money at one time. The holidays are ideal. If the spending began the money flow would pick up its pace and our broken economy would be on the mend. If a companies profits rise people would stop losing their jobs and other people might be offered better paying more available jobs. Once the sales tax is reinstated the American economy would be back in the place it belongs.

Sincerely,

Erica Snider

"How to Fix the Recession: Cut Sales Tax, Page 2 of 2." Associated Content from Yahoo! - Associatedcontent.com. Web. 11 Dec. 2010. .

Hoven, By Randall. "How to Fix a Recession." American Thinker. Web. 11 Dec. 2010. .

"The Test : The New Yorker." National and World News, Profiles, Culture, Reviews, Fiction, Poetry : The New Yorker. Web. 11 Dec. 2010. .

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