Short Term help for the economy declines

by Nan Woodward

The current version of the economic stimulus plan reduced the amount for short-term support. Some aid is target to state and local governments to prevent more job cust and reduce tax breaks for workers that were meant to spur quick spending.

Payroll tax cuts are reduced to $400 per individual or $800 per family. Aid to states has been reduced more than $30 billion in this new agreement.

Expenses have continued to climb while the recession has reduced tax revenues. So what happens next - if states don't receive enough tax revenues to hold the payroll where it is, they reduce the number of employees and/or cut services.

Business' is at this point now. Companies are laying off, reducing expenses in any way they can to stay viable for the long haul.

We need Americans to be more confident. Until confidence is restored, companies will not add to their staff thereby creating more jobs.

As Real Estate Investors, your future is in your hands. Be confident, move forward just do it wisely.