The common solution to financial crisis

When the crisis comes it is the common man who suffers the most. The middle class is most affected by situations like these. In other words, the middle class pay the blunt of the errors, financially, by the well-to-do and greedy class. The rich have enough money to survive through this healthy and get back their lost virtues in a given period. 

In these times of recession, the main question is how we are to meet the needs of middle class people and their rights back to them to run the family's mediocre budget that allows them to have good food once in a while or walk to parks. 

As long as the rich was by merging fortunes from this charge and oversight, the middle class was able to weed their way through the economy by seeking some relief through tax credits that were available during these times. When the wealthy as a way to pinch off the tax cuts to further separate the rich from the middle class, the recession cyclone in the 21 century begins to get wind and destroy the entire American economy through their own greed. 

Under President Reagan 'reign Reform Act of 1986 was a 829-page bill was adopted to stop so the middle class to write off their interest on credit cards and car loans, what the law called "consumer loans.' From their income taxes. 

The basic and main motive of this tax code change was to step down in increments, the ability to use the tax write-offs that helped the middle class to keep up with their overwhelming taxes. In other words, it was designed to curb costs and maintain funding stability. But unfortunately it did nothing close to stop the greed of the wealthy from continuing to gouge the middle class, including credit card companies and their interest rate greed. 

Unfortunately, lawmakers tried to use the middle to regulate the rich when it really should have been the the other way around. This surely would have brought the desired change then. Apart from the greedy hedge funds and fuel price gouging, the mighty American consumers run their wallets more than the wealthy have managed their greed. 

We should not wait for the greedy rich people to fix what they did not know how to stop initially and it will only further damage our economy, which must get back on track quickly. Or maybe its consequences will be many, and in all areas. The current administration is certainly working around the clock to kick start a revival, but it has stopped in many places, as some hiccups.