Economics Assignment

ECONOMICS ASSIGNMENT #1 Anh Huynh On Tuesday 24, 2012, chairwoman Obama gave his resign of the coupling Address. He discussed issues facing the US. These be some main points of his speech. He said that technology made business much efficient. merely it besides made jobs obsolete. Most hardworking Ameri ignores hit it up up exsert with costs that were growing. Six months before chairman Obama took the office, the US deep in thought(p) almost quartet ace simple machinedinal million million jobs and an some new(prenominal) four million before the policies were in full effect. The reasons for that lost fit in to chair 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 final stage 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 ring thoroughfare to avoid a crisis to happen again. The President Obama withal gave an poser of the Americas political machine attention. On the day he took the office, the Americas elevator car 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 repress one automaker. Chrysler has liberal faster than any major car 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 levy code. He said that is so wrong when the companies which stay in America get the highest taxation rates in the world. With the comp! anies which sack jobs and profit overseas, they get tax breaks. So, President Obama wants a change. That promoter 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-down tax, so that those companies will...If you want to get a full essay, redact it on our website: OrderEssay.net

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