Wednesday, November 05, 2008

The Economy wins it for Obama.


America's economic problems:

1. rising unemployment sector in crisis

3. government budget deeply in the red

4. "Ever since the late 1960s, incomes have been growing more unequal, leaving middle-class wage earners with a smaller share of the American pie while vast fortunes have been accumulated by a tiny few at the top." (politics as usual )

Obama's policies:

1. use targeted tax relief to help middle-class families cope with rising costs and stagnant pay.

2.repeal Bush tax cuts for rich households.

3. reform healthcare

4. renegotiate free trade deals.

5. create "five million new, high-wage jobs'' by investing in renewable-energy industries, and "two million jobs by rebuilding our crumbling roads, schools and bridges.''

6. $US60 billion ($87 billion) stimulus package, in part to help the millions of home-owners struggling to pay their mortgages.

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