Larry Byrnes Will Seek Long-Term Solutions to Economic Woes

   It was a rough January for the U.S. economy. Sagging stock prices, rising home foreclosures, widespread job loss and increasing prices have made many Americans fearful for their economic futures.

   Larry Byrnes supports the pending economic stimulus package, which includes tax rebates, food stamps, unemployment benefits and support for seniors on fixed incomes. As the son of working class parents, Larry understands the importance of good jobs and good wages for the long term viability of American families.

   “Although it is a difficult time for working families, the stimulus package will allow them to purchase critical goods and services and support those most in need,” Larry says. “It will also provide businesses with incentives that will help them weather the current economic downturn.”

   Larry Byrnes believes that long-term, sustainable solutions are critically important to long term economic growth, fiscal responsibility and debt reduction. He thinks this approach should replace the one-size-fits-all tax cut “solution” utilized by the current administration that has worked for the wealthy but not working families.

   Unfortunately, Connie Mack voted against a bill to standardize licensing requirements for those who handle mortgages and to make sure potential homeowners know their real monthly payments.

   “Jared Bernstein of the Economic Policy Institute characterizes the current administration’s policies as YOYO economics: You are On Your Own,” Larry says. “I agree, and I am not surprised that the incomes of the top one percent of Americans exceed the total income of the poorest 20 percent of Americans.”

   Larry Byrnes lives in Florida and understands the economic issues facing families here and across the nation. He is committed to restoring the job market, the housing market and fiscal discipline in the federal government.