How can the government address low consumption and inequality effectively in policymaking
Congress urges government to adopt bottom-up approach in policymaking to tackle low consumption and inequality
- Implement progressive taxation to redistribute wealth and reduce income inequality.
- Offer tax credits or subsidies to low-income individuals to boost their purchasing power.
- Invest in education and job training programs to enhance labor market opportunities for disadvantaged groups.
- Provide social welfare programs such as affordable healthcare, housing assistance, and food aid to alleviate financial strain on low-income households.
- Promote small business development and entrepreneurship in underserved communities to stimulate economic growth and increase job opportunities.
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2 months ago