Thursday, May 7, 2009

I stand with the President on this issue!!!!!

Well....I have to say that I do like President Obama on taking a stand on tax loopholes used overseas by some of our U.S. firms. Someone needs to crack down on companies ''that ship jobs overseas''. He has a uphill battle though, the Democrats have been fighting to close loopholes for years now. The Republicans will fight tooth & nails on this issue.

I bet the lobbyists will be chomping at the bit to make sure the President doesn't get his way. It's a shame that when someone finally wants to take a stand and do something about the way our companies close shop up here then have everything overseas so they can save money...get their tax breaks. They don't care that the effect of them doing this is a major slam on our countries economy. I wish the President all the luck in the world... he will need it.

Signs of life in our economy, man I hope that is true. In our area home sales was up slightly. In the South Hampton Roads area it was reported that 799 homes were sold in March, that's up 38% from February...but still 10% below sales in March of 2008. I feel like things are slowly but surely turning for the better, people are spending a little money....putting it in the economy to get things going again. I told my husband that things would get better this summer, so maybe it is heading there now, a couple months earlier. Things are getting to get better, we just need to hang in there a little longer.

I am going to say I hope that things are turning around for everyone, I also hope that the Democrats & Republicans stand behind the President and his plans on fixing the tax loopholes oversea. Let's keep our fingers crossed on this one because I believe it will benefit everyone!!!!

1 comment:

Unknown said...

It does sounds good that action is being taken.

And it's good to hear people wanting to support the President.

Hopefully things do turn around well.