Posts Tagged ‘economy’

“If I were a U.S. Senator, what would be my New Year’s Resolution?”

Sunday, December 28th, 2008

Let’s see, if I were a U.S. Senator or part of the new Obama Administration, my number one action would be to relieve the stress on the mortgage crisis by readjusting mortgages with major lenders to match the current home fair market rates.  My number two action would be to stimulate the housing industry by giving a $15,000 to $25,000 tax credit to new home buyers depending on the sales price of new or resale home.  Along with this, I would immediately recognize that the current proposed $7,500 tax credit is symbolic and political rhetoric.  My third action would be to stimulate jobs at the state and local level compared to the federal level.  Guess who will bear the costs at the Federal level?  Well, it might have something to do with wealth redistribution.  Sorry, Joe, no tax breaks for your small business this year, next year, the following year and so on.  My fourth action would be to instill economic confidence at the state and national levels–spreading the “doom and gloom” at the National level does not help and only hinders the recession we are in.  My fifth and constant action, until my reelection, would be to get us out of the recession we are in.  Lastly, and, yes the most important action would be to never let the Obama Administration and the National Security Team waver on our National Security of the homeland.  It is easy for Americans to forget 9/11 but there is a 9/11 waiting to happen every day so we must never let our guard down, ever.  We all know that New Year resolutions often fall by the wayside after the first 30 days into the new year but if I don’t carry out my first two resolutions on this list as a U.S. Senator (if you or I only were one), then I have failed to help my constituency in time of need that got me elected (same goes if I were a State Governor).