The economy continues to struggle. There are signs of recovery (e.g. the stock market going up) but unemployment continues to rise and home foreclosures are increasing. However, the Congress is currently working on healthcare reform and will begin working on the cap and trade legislation the first of next year. Instead of helping the economy, these two pieces of legislation will do more harm.
I have written extensively about the danger of the healthcare reform under proposal as well as offering a viable alternative. This information is available at www.althealthcareref.blogspot.com. The bill is currently under debate in the Senate so I urge everyone to contact their senators and urge them to vote against this economically dangerous legislation.
The other piece of legislation that will be under consideration next year is the cap and trade legislation. This legislation will place limits on energy usage in an effort to curb global warming. Besides the additional taxes and fees this legislation will place on already struggling industries, the legislation is based on fraudulent information.
I will be conducting research on this legislation and issue as well and will be publishing that information on the web. I will provide a link to this report on this blog when it is completed.
As the economy struggles, the last thing we want to do is place additional taxes and regulations on the private sector. Job creation does not come from the government but from the private sector. Government policy can either encourage or discourage economic growth. Our congress needs to quit wasting time with damaging legislation and begin working on legislation what will encourage economic growth. Either the current members of congress can change the direction of legislation they will propose or the voters will replace them with leaders who will. The power is in the hands of you the voter.
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