Economics Assignment

ECONOMICS ASSIGNMENT #1 Anh Huynh On Tuesday 24, 2012, chairwoman Obama gave his pass on of the coupling Address. He discussed issues facing the US. These be some principal(prenominal) points of his speech. He said that technology made business to a greater extent efficient. merely it overly made jobs obsolete. Most hardworking Ameri supports inebriate up exsert with costs that were growing. Six months before electric chair Obama took the office, the US deep in thought(p) almost quadruple maven billion million million jobs and an some another(prenominal) four million before the policies were in full effect. The reasons for that lost consort to chairperson Obama were banks policies. They had made huge bets and bonuses with other peoples money. In the other hand, businesses have brought more than three million jobs in the determination 22 months. They created the most jobs since 2005 in last year (2011). American manufactures are going back. The deficit of more than 2 million dollars has been cut. A new rule has been put in mole thoroughfare to avoid a crisis to happen again. The President Obama in any case gave an poser of the Americas political machine effort. On the day he took the office, the Americas machine industry was on the wand of collapse. He refused to let it die. Today, the America got the auto industry back, usual Motors is on top as the worlds descend one automaker. Chrysler has liberal faster than any major machine company.

Only the auto industry, brought nearly 160,000 jobs. Those are great numbers. President Obama introduced ten policies. The number one one was about charge code. He said that is so wrong when the companies which stay in America get the high! est taxation rates in the world. With the companies which break down jobs and profit overseas, they get tax breaks. So, President Obama wants a change. That doer the companies which use the outsource jobs leave behind not be able to get taxes reduction. In the other hand, the companies which bring jobs to America, can use that amount to cover the moving expenses. He also wants multinational companies only have to suffer the basic stripped tax, so that those companies will...If you want to get a full essay, set up it on our website: OrderEssay.net

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