What Obama needs to do is lower taxes for the middle class, that way their will be a larger effect on consumer consumption. The old trickle down effect of hoping the upper class' tax breaks can benefit the economy is no longer working; they are the ones who caused this financial crisis. We need to urbanize the country and create more inward growth of our administrative systems, knowledge, and innovation while still maintaining a steady control as the world's central economic generator.
It will be particularly advantageous to create the right alliances right now. China is on the brink of entering its mass urbanization phase. Chinese media, such as "Still Life" directed by Jia Zhanke, depict the demolition of old Chinese cities and in order for mass reconstructive urbanization projects mainly consisting of infrastructure and industry. America needs to begin capitalizing upon the economic benefits that helping and fostering economic growth of a quickly developing brings. This mutually beneficial international partnership of trade, coupled with the tax breaks for the "Joe" consumers, will undoubtedly help boost America's economy, not just to its former state, but rather to that next level. It is time to embrace the intelligence of a Harvard graduate running this country.
