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What is the best economy plan new

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What is the best economy plan new

  1. 1. By Team Daniel
  2. 2. Okay First Things First, HISTORY Economic Plan During Great Depression: The President and Congress control fiscal and institutional policy-things like national security, trade, and economic laws. Under Hoover, “the top income-tax rate went from 25 percent to 63 percent, and 40-percent tariffs were imposed on imports,“ So Basically the plan was too let The Government do every thing and not let the people have a say on it Hoover rose taxes on everybody and but just rosed it more on people with higher income http://www.heritage.org/research/reports/2004/04/the- economic-lessons-of-president-hoover
  3. 3. FDR`s New Deal legislative reforms that came to be known as the New Deal Roosevelt explained to the American people that his New Deal program would seek to deliver relief, recovery, and reform—the so-called "3 Rs.” http://www.shmoop.com/fdr-new-deal/summary.html
  4. 4. How it relates to Today`s Issues? The plans for economic relief might be the same as back then and that’s why its so important for you decide whats right or wrong. Here are the plans presented by a few politicians as of today
  5. 5. Obama`s Plan Obamas plan for deficit reduction is make people who make over $1 million per year pay a federal income tax rate of at least 30% Lower tax rates for middle-income families and corporations Close a loophole that allows companies to shift profits overseas http://www.businessinsider.com/obama-economic- plan-2012-10?op=1#ixzz2Pq7YvS7t
  6. 6. Romney`s Plan Increase domestic energy Cut the deficit Celebrate success Repeal “Obamacare” and cut excess government regulation http://www.policymic.com/articles/12835/mitt- romney-economic-plan-debunked-in-5-simple-bullets
  7. 7. The Daniel Plan (AKA Plan USA) Combine The Romney(Republican) Plan And the Obama (Democratic) Plan. raise taxes on the upper class to give the government more money and cut spending by the government by 100 billion. “Let Daniel Explain it”
  8. 8. Video https://gaggle.net/gaggleVideoProxy.do?op=view&v=e 15105ed284abb907bdf5fc3624a7ede
  9. 9. So What Do You Think “Those who don’t know history are doomed to repeat it” That is a good quote to use b/c I feel that with knowledge about past mistakes we can b/c a smarter group of people that will all know what to do when we get the chance to correct it. So in the end what do you think write about in your journal for Mrs.Sanchez to see.

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