Look at the state of affairs in this country and we see what dire straits our economy is in. The deficit is at an all-time high and employment is at an all-time low. In order to boost the economy, the banks are still offering adjustable rate mortgages, which in the long run will cause more foreclosures.
Although I am not the president of the United States, I feel there are solutions to this poor economy. First and foremost, get rid of the adjustable rate mortgage. Keep all mortgages at a fixed rate.
Secondly, reconsider tariffs for all products made overseas; it costs more to build things overseas then corporations will have to reconsider manufacturing products here, not to mention the revenue our government could collect in tariffs to pay off the United States deficit.
We are having negative growth in the U.S., while China and India are at 10 to 12 percent growth. Talk to your representatives and senators and demand tariffs. The American worker deserves a job!
David Kleczek
Lake Placid
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