Why The President’s New Economic Plan Is A Good One

I released the following statement today on the President's new economic plan:

"The President has offered a plan suited to both the short-term challenges arising from our current economic conditions and the long-term challenges coming from rising global competition.    

He begins in the right place, with a package of policies seen by most economists as particularly well-suited to jumpstart job creation and support stronger growth.   He also has presented a fiscal plan to help sustain that strong growth, by reigning in long-term deficits while enhancing strategic investments.  The administration’s long-term deficit plan would further trim domestic spending, including defense, wind down our wartime spending in Iraq and Afghanistan, raise additional revenue from high-income Americans, and reduce the unnecessary and least necessary areas of spending for Medicare and Medicaid.  In this way, the administration relies on all of the same sources for deficit savings as the Simpson-Bowles Commission, the Senate “Gang of Six,” and the deficit-reduction programs carried out under both Bill Clinton and Ronald Reagan.  

Finally, the President preserves those public investments which undergird strong growth and U.S. competitiveness, especially in basic research and development, education and training for American workers, and basic infrastructure that all businesses and workers depend on.  This package deserves the support of the country and the Congress. "

Comments

I'm really impressed together with your writing talents as smartly as with the layout for your weblog. Is that this a paid subject or did you modify it yourself? Either way keep up the excellent quality writing. it?s uncommon to peer a nice weblog like this one these days..Many thanks because of this helpful write-up. are you able to create a new followup piece probably? I understand men and women just like myself personally would certainly appreciate it!Wow. what a strong educational write-up. When do you think you will be crafting another one on this issue? You need to put myself on your own email list if possible. comment avoir rio rio sfr orange rio