The key policy is to increase the income of people outside the system and stimulate the vitality of

Mondo Finance Updated on 2024-01-30

After three years of the pandemic, the income of people outside the system has fallen sharply, and the decline is beyond our imagination, which is underestimated;People's desire to consume and lack of spending power is nothing more than an income problem, you can't just talk about stimulation, the people have no money, how can you stimulate?The key question is how to raise people's incomes.

With the raging epidemic, economic development has been severely impacted, a large number of enterprises have been shut down, and a wave of unemployment has swept in. At the same time, the incomes of people outside the system have also suffered an unprecedented hit, even more than we imagined. Most of them are freelancers, small and micro business owners and laborers, who are an important part of social and economic development and an important force in the consumer market.

However, when their incomes plummet, people's desire to spend and their spending power are necessarily limited. Household spending had to be tightly curtailed, and non-essential consumption was cut to almost a minimum. It's not just a question of excitement, it's a conundrum before us.

How to increase people's income has become a key issue that needs to be solved urgently. First of all, it can reduce the burden of enterprises and provide entrepreneurs with more space for development by reducing taxes and fees. Measures such as lowering social insurance rates and adjusting the individual income tax threshold can increase the disposable income of people outside the system and increase their spending power.

Second, encourage skills training and entrepreneurship and innovation, and provide more opportunities for people outside the system. For example, vocational training should be strengthened to make them more employable;At the same time, establish an entrepreneurial support mechanism to provide financial and policy support for people who are interested in starting their own businesses. Only by improving their skills and innovation can they further increase their income**.

In addition, strengthening the construction of the social security system is also an important way to increase people's income. Establishing a sound social security system for people outside the system and providing more comprehensive protection can not only alleviate their economic pressure, but also enhance their spending power.

Finally, poverty alleviation efforts should be stepped up, with a focus on poor areas and the poor. Through the development of industrial poverty alleviation, employment poverty alleviation and education poverty alleviation and other measures, to help the poor increase income**, improve living conditions, and then promote the improvement of consumption capacity.

The problem of declining income brought about by the three-year epidemic is by no means a stimulus that can be solved. The key lies in working to raise people's income levels and fundamentally improve their spending power. ** It is necessary to formulate more comprehensive and effective policies to provide more development opportunities for people outside the system and promote sustainable and healthy social and economic development. Only in this way can we truly stimulate people's desire to consume and drive a virtuous cycle of the economy.

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