Barack Obama's Policies
- Obamas new policies following the 2008 recession, included lower taxes on the middle class and higher taxes on the rich, using this increase in tax dollars he plans on reforming health care as well as investing in other public services such as infrastructure, scientific research and education.
- This investment coupled with more government regulation is meant to stabilize and ultimately promote economic growth.
- His goal through these actions is to create a dynamic free market that promotes entrepreneurial innovation, while still having economic security.
- Under this proposed system, no family that earns a total of less than $250,000 annually will see a tax increase.
Ebb & Flow of Liberal Economic
By improving upon America`s health care system, creating more jobs through infrastructure and scientific research and increasing taxation on the wealthy, The American government is displaying a shift left on the economic spectrum, increasing government in order to establish security for its citizens. Making the United States, closer to a welfare state.