If Obama is elected president, this will help the economy and all businesses. Obama wants to give the average person more money, and for the average person to spend more in government. This is great economically because it is a good way to get us out of a recession.
How this works; you give more consumption power, the economy picks up, and then the government also picks up. Government expenditure has a multiplier effect on the economy, so depending on the multiplier amount $1 spent will generate more than $1 in output for the economy as a whole.
If no one has money to spend, you are not going to have any business to do. The people need to have money to buy food, water, pay for shelter and any other necessities. If a business doesn’t sell products from any of these categories, they need the people to have extra money after spending on these necessities before spending it towards their business. Extra spending leads to allowing businesses to hire more employees and still be able to pay them. This in return increases spending, because more people are making money and are able to buy the things they want or the things they need.
This is exactly what businesses want because it will not only help them be successful and make good money, but this will save the economy. It will also open up doors for people who are looking to start businesses because they won’t have to worry about the economy and people not having money to spend. It will make better lives for everyone because even if a new business isn’t making as much money as the top businesses; they have a good chance to make a much better living for themselves.
I am not saying that Obama is the best choice and that he should be president, what I am saying is that; if he is president, the ideas that he told the nation was that he wants to spread the wealth, which would leave to all of this success for businesses.
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