What can I do when logged in?

You can submit new articles, so we can make unique versions of them and distribute them for you.
If you want to simply publish the same article on 800 websites, you can tell us to do that.
You can see the archive and current status of all your article distributions.
You can order any number of high-quality articles - just let us know your keywords.
You can browse the archive of all the articles we have written for you.
You can order our Complete Service (10 high-quality articles plus 10 article distributions).
You can purchase more credits for our services and check your affiliate earnings.
Much more ...

SpinDistribute.com Article Directory

The following article was published in our article directory on December 15, 2010.
Learn more about SpinDistribute Article Distribution System.

Barack Obama Extended Tax Cuts Plan

Article Category: Business

Author Name: xia zihui

A year ago, the president and the Democratic Party made the wrong assumption that the economy is recovering. Last week's decision to extend the Bush tax cuts that the White House's top priority is to avoid the same mistakes again - even if this process will inevitably make many Democrats disappointed.

Obama is actually required to Republican tax cuts for the rich, and the past few weeks, it seems unlikely the second round of economic stimulus package to do the exchange. Obama would extend the tax cuts and tax cuts to the planned level of real estate under this respect, is subservient to the Republicans. In exchange, Republicans agreed to increase unemployment benefits, payroll tax and business tax cuts and college tuition and other items to a large increase in the tax credit.

The White House, such a focus of the exchange showed a clear policy shift. Obama and the Democratic Party last year, most of the time in the pursuit of their long-term goals, such as health care reform and financial regulation bill, I hope the economic recovery to continue. But with the slow recovery and the Republican Party win back seats in parliament, the Government's policy direction turned into a short-term job creation.

Clearly, economists and policy experts of the Democratic Party they are very satisfied with the agreement. Some economic forecasting company on Tuesday for the next two years to improve U.S. economic growth and employment growth estimates. Recently more than most Wall Street forecasters are more accurate negative Goldman Sachs economists said the agreement reached earlier than they expected, "is clearly more positive."

Policy experts have said the plan than in the Republican mid-term election victory they expected to create more employment opportunities. They estimated that about 900 billion U.S. dollars next two years, the cost, about 120 billion U.S. dollars will be spent on high-income people tax cuts, and 450 billion U.S. dollars will be spent on Obama intends to undertake a number of projects, there are 360 billion U.S. dollars spent two parties agree on the extension of tax cuts.

Nevertheless, the Democratic Party risks and economic realities remain the same with the past. The damage caused by the financial crisis serious and far-reaching. In this case, often time the unemployment rate rising more than 5 years, which makes consumers and businesses when the economy was re-entered the normal growth path, the expected uncertainty. Moreover, frequent aftershocks of the crisis, especially in Europe. In fact, almost no economists believe that the new U.S. stimulus plan can play a significant role.

In fact, the ideal policy plan should be much larger than the current plan, but also the flexibility of the situation "tailored" to adjust. For example, payroll tax cut for 1200 million will be used to pay that part of the workers, not companies. Congressional budget analysts put forward organs and other workers that part of his tax cuts to stimulate the economy is less important. Employer tax cut part of the funds will be used for recruitment.

But political factors hinder the optimal introduction of the payroll tax reduction program. Republicans do not want the payroll tax cut more than 120 billion U.S. dollars, and plan to reduce the period of one year. Reach a final agreement could help the economy, but the effect is not too large.

Preliminary estimates show that economists, with all the tax cuts expire and do not take the new stimulus plan compared to this agreement will be reduced next year from 0.5 to 1 percentage point of unemployment. As of the end of 2012, the unemployment rate reduction may be up to 1.5 percentage points.

On the other hand, after the expiry of the current stimulus, the unemployment rate in 2012 may still be close to 8% at the end of the two parties will therefore again divided, fighting each other the situation will appear.

In this debate there is an important and unknown phantom - the budget deficit. Recently introduced plans to extend tax cuts would certainly exacerbate the U.S. budget deficit. The short term, many economists believe that high deficits are better than no deficit. As Federal Reserve Chairman Ben Bernanke in a recent "60 Minutes" interview, said: "We do not want to take any can affect this year's spending and tax policies, or in a way that would affect the economic recovery."

Bernanke and other economists, however, often also added that any additional expenditure should be present and future deficits reduce the shift in the role. Otherwise, the long-term deficit will continue to increase, as frightened investors who may ultimately will require the Fed to pay higher interest rates.

The question now is to increase the deficit - by high-income tax cuts or new stimulus plan - much easier than reducing the deficit.

Keywords: CWDM Tranceiver, China G-first Converter, optical gigabit adpter,

Learn more about SpinDistribute Article Distribution System. We also offer Professional Article Writing to everyone who's looking for high quality web content.

SpinDistribute.com Network

Each article you submit at SpinDistribute.com is sent through our innovative Article Distribution System to our network of more than 1840 publishers - about 55% of them are high-quality article directories, 30% of them are niche blogs and 15% of them are other content-rich websites.

To achieve the best possible success we only publish your article to most related websites. This means your article will show up on approximately 640 - 880 most related websites which will give you great SEO results.

We also offer a separate Professional Article Writing Service to everyone who's looking for high quality web content and well researched unique articles.