It is quite evident that it does not take a rocket scientist to understand how to get the U.S. economy moving again. There are three common people strategies that can stimulate this economy. First, increasing consumer spending will surely help the economy. This can be done by implementing a federal tax free holiday on everything starting on November 14, 2009 to November 29, 2009. This will encourage people to participate in two weeks of tax free shopping. It is a known fact that the day after Thanksgiving, which is commonly known as Black Friday is one of the busiest shopping days of the year. I believe that if a tax free holiday is in place during this time people will surely take advantage of it. Secondly, the economy would definitely get a boost from reduction of consumer debt. If the U.S. government increased everybody's credit score by 200 points this would improve credit histories across the board. The majority of consumer debt is in purged accounts anyway. Lastly, if the U.S. government offered the same business tax breaks to its own citizen that are highly enjoyed by many people from other countries who came over here and are prospering in various areas of commerce.
The common people in this country need to be heard. Many of us were not born in privileged positions. We are the people who go to work every day not knowing if we will still have that job at the end of the shift. What makes us unique is that we know what it takes to overcome these hard economic times.
Published by F.T. Ogletree
I was born in Atlanta, Ga but I now reside in Macon, Ga where I have been for the past 13 years. I worked for Powertel which is now T-Mobile. I assisted in launching GSM cellular in the Middle Georgia area... View profile
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