Q. Did you understand the statement “The United States will no longer run trade deficits”? Do you believe that such a move by the United States would help our nation’s economy? Would a large trade deficit hurt the economy or help it? How would such a move affect the American family?
A. The statement that “The United States will not run trade deficits” is correct according to the CCHP (Congressional Budget Office) and the President. The economic model that the government has put forth does not indicate any major trade deficit at this time. The reason why such a model was created was to offset some of the impacts of the tax cuts that are occurring. In the end, this doesn’t seem to be the most accurate model of how things should proceed since the Tax hikes are only temporary.
Q. What is your view on the tax breaks for corporations? Should they be continued? What about the small business owners and sole proprietors? I read that you believe they should not be subsidized but yet I can not get clear on your position.
A. First, it is important to recognize that we have been seeing an economic boom in the United States since the policies were put into place. Many people were fearful that the recession would lead to a complete economic collapse but that has not happened. The money was added to the economy either through tax cuts or increased spending, so there is no doubt that the economy is improving.
Q. What is your opinion on the death tax debate? Do you support the tax increase that President Bush has proposed or do you think that a better way to handle taxes should be considered before the tax code changes take place in July? If you have a position on this, it would help you to take the my Urban Financial Policy Quiz for me.
Q. What is your opinion on the current transportation policy in the United States? Do you think that the Federal Trade Commission over steers too much in favor of businesses and corporate interests or should the government be more involved in transportation? Do you think that the high gas prices are a result of government intervention or is it the natural market reaction to the excess demand for fuel? My answers to these questions will help you determine how you feel about this particular policy and whether or not it affects you and your family’s economic situation.
The questions on this quiz are designed in such a way as to give you a basic overview of the issues facing American society today. Each question also has a brief description of the answer that you can use to compare your position to the others on the quiz. After you take my urban fiscal policy quiz for me, you will know which areas of policy interest you and what kind of solutions you should pursue. As you progress through the questions on the quiz, the questions get progressively more challenging until you end up with your “thesis” on which type of policy would best serve the American public.
The types of policies that you will cover on the quiz include energy, health care, labor, the minimum wage, taxes and spending. Throughout the policy choices that you have to take my urban fiscal policy quiz for me, you will see that each one of them falls under a broad category. There is also a short description of the solution to each of the problems.
An example of one of the policy choices on the quiz would be the Minimum Wage Law. The intent behind this law is to prevent employers from paying poverty-level wages to their employees. Another example of a policy that you will come across on the quiz is the Federal Taxation. This portion of the quiz will teach you how various taxes, such as the payroll tax and corporate income tax affect you and how you can choose the appropriate option to apply to your needs.
When it comes to the quiz for me, you will also learn about several important people who have had very significant impact in the shaping of our country’s financial future. One of these individuals is Federal Reserve Chair Janet Yellin. If you enjoy making charts and graphs, then this is definitely the type of person that you would want to follow as the central banker for the nation. Another person on the list of possible picks for the position of Federal Reserve Chair would be Alan Greenspan. This may not exactly be the position for you if you don’t like making charts and graphs, but I highly recommend you looking into this person because he has done an outstanding job as the head of the Federal Reserve Bank of America.
