New Senior Economic Advisor

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As the new senior economic advisor I would suggest the president should do the following. My suggestions after listening to the key players are as follows. Raymond Burke had some good input and I think we should keep interest rates as low as possible to get people spending and lower taxes as much as possible to allow people some extra money vs. paying out more. In my experience with this type of situation and following my suggestions this should lead us out of our current economic times of misfortune. If we were to increase government spending and raise taxes this would keep us in the same cycle we current are feeling. This would continue to raise the debt and would cause people to pay more out of their already low income situation. Some people may feel this is a good idea however it has shown the same affect in the past and will continue the cycle. Adjustments should be made such as my suggestion. Although some of the other key players make some valid points their suggestions will keep us in the current situation we are in. We must as I said lower interest rates as low as possible and allow people to borrow money and begin spending under specific rules and regulations involved. When money is cheap to borrow people will begin to take risks and by things such as housing or cars. Taxes can always be raised after we are out of this situation but for now we must allow people to save and spend as much as possible within their means. In conclusion I have

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