Harrisonburg, Virginia (VA) Estate Planning Attorney Clint Sellers: Robert Reich Says Forget the Deficit
Learn how planning lets you take control of your future and can cost less than not planning. Visit clintsellers.com for free eBooks and seminars for Virginia residents.
Robert Reich, the former U.S. Secretary of Labor, has stated that the government’s focus should be on ending the recession and creating economic growth. In an editorial published today on salon.com, Mr. Reich argues that the greatest challenge to our economy in the deepening recession is to increase demand by injecting (borrowed) money into the system. He further asserts that without sufficient investment in a timely fashion a second stimulus will become necessary with additional stimuli if that does not work. His reminder that politically palatable positions are not equivalent to sound economic policies is one that we have unfortunately heard too infrequently. As he points out, the ratio of debt to our country’s gross domestic product (GDP) is still less than 50% (at the end of World War II, the ratio was 120%), which he interprets to mean that we have the ability to get the economy back on track if our tactics are equal to the economic challenges we face. Read the full editorial here.
Take the opportunity to learn more and see how planning for your future is more important than ever during these economic times. Planning gives you options and usually costs less than not doing anything.
Watch a short video from Nobel prize winner Paul Krugman about the problems with the stimulus and infrastructure projects:
Clint Sellers has experience in business law, risk management, estate planning (including planning for families, wills, trusts and business succession planning), contracts, trials and real estate law. He represents clients throughout Virginia and in Elkton, Virginia; Bridgewater, Virginia; Verona, Virginia; Harrisonburg, Virginia; Rockingham County, Virginia; Staunton, Virginia; Augusta County, Virginia; Page County, Virginia; Luray, Virginia; Woodstock, Virginia; Waynesboro, Virginia; and Shenandoah County, Virginia.
Clint Sellers also assists clients with business law, risk management, estate planning (including planning for families, wills, trusts and business succession planning), contracts, trials and real estate law in Broadway, Virginia; Grottoes, Virginia; Elkton, Virginia; Massanutten, Virginia; Timberville, Virginia; Dayton, Virginia; and Mount Crawford, Virginia.
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