Sunday, February 19, 2012

Fixing the economic crisis

Fix it, you say? If only it was so easy. I doubt that any of us quite have the proper credentials to deal with such a massive issue, but I'll give it a shot. It's also worth mentioning that economic matters are far from my area of political expertise. Anyway. The debate over whether the wealthy should be given a higher tax rate is, as far as I'm concerned, unimportant. Studies have shown that changing the tax rate makes much less of an impact on the national economy than cutting spending on unnecessary federal programs. Which programs actually are unnecessary? Well, I'm frankly not economically versed enough to make that call. But I do believe that raising or lowering taxes is the wrong way to go about it.

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