Many financial ‘experts’ stated that Obama’s economic plan would be better than McCain’s plan. I am not going to get into who’s plan is better because Obama won the election, and that is the plan that we are going to get.
Obama’s plan was going to lower taxes on those who make less than $150,000 a year, break even for those who make $150,00 to $250,000 per year, and increase for those who make more than $250,000 per year. There are also some other adjustments to capital gains tax, business taxes, corporate taxes, and the like.
But how long will it take? 90 days? 180 days? 2 years? What say you?
Further more, at what point will the economy be ‘fixed’?