President Obama stated in a radio address that he wanted to help strengthen the labor market. Americans will be glad to hear about this because it shows that the president is trying to improve the nation. Obama said he would improve the labor market by closing tax loopholes that send jobs overseas. This is important because many people seem to think that a lot of our jobs go overseas. Obama said that he would like to replace the tax loopholes with new policies that would let companies write off certain things. Some of these things were new equipment, clean-energy manufacturing, and research and experimentation. The president called these choices "common sense ideas." These ideas are smart considering they will help improve Americans jobs.
Obama uses this radio address every week to try and make his promises to America known. When Obama makes these announcements weekly it seems like he is trying to connect to the public. President Obama said that Republicans would rather reward companies who create overseas jobs than fight to close the loopholes. Republican Mike Pence said that the nation is struggling, families are hurting, and the administration plan has failed. He believes that the Republican party can fix America's problems more efficiently than the Democrats. What Mr. Pence doesn't realize is that Democrats haven't really been given much time to solve problems.
America's economy is in terrible condition and it is good to see that President Obama is trying to fix it as quickly as he can. People need to understand change does not happen over night and that just because it has not happened yet does not mean it never will. If the president's plan of turning loopholes into tax breaks works it will be beneficial to the country. President Obama made smart policies that will improve our economy. Once people start getting jobs back they will understand that they change they are waiting on has arrived.
Obama: Tax Policies Should Aid Investment, Not Overseas Jobs
No comments:
Post a Comment