Saturday, January 28, 2012

THE DEMOCRATS SUPPORT OF THE PRESIDENT LATEST TAX POLICY MAY EVENTUALLY REDUCE THE PRODUCTIVITY REQUIRED FOR STRONGER ECONOMIC PERFORMANCE AND BET-

THE DEMOCRATS SUPPORT OF THE PRESIDENT LATEST TAX POLICY MAY EVENTUALLY REDUCE THE PRODUCTIVITY REQUIRED FOR STRONGER ECONOMIC PERFORMANCE AND BETTER MONETARY POLICY IN THE USA.



The Democrats suport of the President latest tax policy that specified tax increase on the wealthy, particularly on major industries, companies, factories, and businesses along with measures to ease tougher immigration policy on illegale immigrants that have been estimated at the number of over a hundred million immigrants, although it may have contributed to the Democratic Party popularity among the ordinary citizens and the second upper class USA citizens, it should be regarded an election tactic intended to win the voters support for the Democrats and restore the Democratic Party lost majority in the Congress and during the Presidential election for the Presidency of the United States of America, inspite of the foreseeable consequences that would further hurt the USA economy and Monetary policy under the current Republican Party measures for budget reduction aimed at reducing both the debt and the budget deficit in the USA, strengthen its economy and improve the value of the USA currency, the USA dollar in the world's financial markets. The President latest tax policy of tax increase on the wealthy will certainly have greater negative impact on major industries, major companies and businesses under the current unstable USA economy and cause a direct and indirect impact on the economy, the USA currency and on the citizens as a result of out-sourcing which would further result in the closer of domestic major industries, major companies, businesses and reduce employment opportunities with the eventual reduction of productivity required for stronger economic performance and better Monetary policy in the USA.

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