If you live in the USA read the proper fix for the USA economy (122)
d1dj4ugreenacres, Florida USA8 Threads 1 Polls 40 PostsSome thing that was pointed out to me that made a lot of sense. The USA government spent 10 trillion dollar just on the auto industry to keep them open so million of people would not be laid off. Well the economy has not improved. They should have attack the problem at the foundation. If the government would has taking 2 billion dollar which is a lot less then 10 trillion dollars. They could have giving every body in the USA over the age of 18 yrs old. And gave them 142 thousand dollars each the economy would have recovered faster for less money that they spent just on the automotive industry. That would mean that the people who lost money on their house because of price devaluation of property. Could have use the money to pay off the majority part of there mortgage and re mortgage their house for less money so they are not paying more for the house then what it is worth. They would also have lower interest rates which would save a lot of people from losing their home in foreclosures and also they would have money to be able to live and circulate money to other business which is what our economy is base on. At the same time, the people who did not have houses would be spend money on new cars and other business that would have saved our automotive industry as well as produce more new job for people opening up more business with the money they received. We would have save our economy for a fraction of the money they spent. And the USA would be thriving with jobs again. What was the purpose of saving the automotive industry and saving jobs? If people did not have money to buy cars anyways? This was a very expensive band-aid, it surprise me that a whole panel of economic advisors did not think of fixing the problem at the foundation and yet. One person in this world thought of that but never spoke up thinking that the government had a better plan. We must speak up and be heard. Something to think about...
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Uhhhhhhhhhhh using 2 Billion ......if you do the math .....and maybe there are approx 250 million over 18 - it works out to about $8,000 each......
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jvaski: Uhhhhhhhhhhh using 2 Billion ......if you do the math .....and maybe there are approx 250 million over 18 - it works out to about $8,000 each......
250 million? Try $8 each to reach two billion.
Wow, that would get the economy moving like a rocket - everybody could rent a video or buy a pack of Luckies whatever.
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jvaski: Uhhhhhhhhhhh using 2 Billion ......if you do the math .....and maybe there are approx 250 million over 18 - it works out to about $8,000 each......
Oh .....I forgot to mention that the trillions went to their special corporate buddies ( you know - the ones that they allowed to cause the economic disaster ) .......you and I are not included in that hand-out money club ........
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Albertaghost: 250 million? Try $8 each to reach two billion.
Wow, that would get the economy moving like a rocket - everybody could rent a video or buy a pack of Luckies whatever.
Wow, that would get the economy moving like a rocket - everybody could rent a video or buy a pack of Luckies whatever.
By Golly ....You are right for once ....Alberta ! You get a big Atta-Boy for that finally .....
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jvaski: By Golly ....You are right for once ....Alberta ! You get a big Atta-Boy for that finally .....
For once?
I still chortle at the list of US invasions of Middle East countries you pulled up to substantiate some stupid point you had. Not one invasion on it save Panama.
Seems that I at least have been right on these forums whereas you have yet to achieve this lofty goal.
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A lot of misunderstanding of the intent of the bailouts, the RESULTS of what was done, and for the way the economy tries to work.
There was more than one kind of "handout" or "bailout," done for different reasons. most of them actually seem to have helped most of us, even though an annoying result included that people who SHOULD have been wrung dry of every dollar they ever had, got away with almost no penalty of any kind.
The real fundamental problem we have in the U.S., is that starting in the 1970's the country was thrown into direct head-to-head competition for jobs and marketshare, with other nations who's cost of living was less than half of ours. Ever since that time, our industries and government has been pasting bandaid after bandaid over the mess, trying to pretend that we can continue to have a high-enough paid domestic workforce that can support the overpriced cost of basic housing that we propped up during the fifties, sixties, and so forth.
We wont start to have good times again, until the cost of housing and health drops to below half of what it is now. The only way to have done that at all quickly, would have been for us to accept a HUGE public debt, by having everyone's mortgage and rent paid for out of the general fund, followed by everyone's wages being cut by more than half. Then we WOULD be able to compete with China and India and such for jobs. This is politically impossible, and since they chose instead to heap a huge public debt upon us to put yetr ANOTHER bandaid over the pre-existing economic mess, it now CAN'T be chosen.
There was more than one kind of "handout" or "bailout," done for different reasons. most of them actually seem to have helped most of us, even though an annoying result included that people who SHOULD have been wrung dry of every dollar they ever had, got away with almost no penalty of any kind.
The real fundamental problem we have in the U.S., is that starting in the 1970's the country was thrown into direct head-to-head competition for jobs and marketshare, with other nations who's cost of living was less than half of ours. Ever since that time, our industries and government has been pasting bandaid after bandaid over the mess, trying to pretend that we can continue to have a high-enough paid domestic workforce that can support the overpriced cost of basic housing that we propped up during the fifties, sixties, and so forth.
We wont start to have good times again, until the cost of housing and health drops to below half of what it is now. The only way to have done that at all quickly, would have been for us to accept a HUGE public debt, by having everyone's mortgage and rent paid for out of the general fund, followed by everyone's wages being cut by more than half. Then we WOULD be able to compete with China and India and such for jobs. This is politically impossible, and since they chose instead to heap a huge public debt upon us to put yetr ANOTHER bandaid over the pre-existing economic mess, it now CAN'T be chosen.
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d1dj4u: Some thing that was pointed out to me that made a lot of sense. The USA government spent 10 trillion dollar just on the auto industry to keep them open so million of people would not be laid off. Well the economy has not improved. They should have attack the problem at the foundation. If the government would has taking 2 billion dollar which is a lot less then 10 trillion dollars. They could have giving every body in the USA over the age of 18 yrs old. And gave them 142 thousand dollars each the economy would have recovered faster for less money that they spent just on the automotive industry. That would mean that the people who lost money on their house because of price devaluation of property. Could have use the money to pay off the majority part of there mortgage and re mortgage their house for less money so they are not paying more for the house then what it is worth. They would also have lower interest rates which would save a lot of people from losing their home in foreclosures and also they would have money to be able to live and circulate money to other business which is what our economy is base on. At the same time, the people who did not have houses would be spend money on new cars and other business that would have saved our automotive industry as well as produce more new job for people opening up more business with the money they received. We would have save our economy for a fraction of the money they spent. And the USA would be thriving with jobs again. What was the purpose of saving the automotive industry and saving jobs? If people did not have money to buy cars anyways? This was a very expensive band-aid, it surprise me that a whole panel of economic advisors did not think of fixing the problem at the foundation and yet. One person in this world thought of that but never spoke up thinking that the government had a better plan. We must speak up and be heard. Something to think about...
Is it $142? Anyway, the problem of just giving the consumer money in America and throughout the West is that a significant portion of what is spent would go on imports, so you'd be directly enriching foreign nations such as China, Brazil & India, not America - or the money could of been spent on such vital internal industries such as pet grooming services.
It's not how I would of saved the car industry but they were right to attempt to. But this is globalisation, ultimately being a means to level all nations across the world - the rich nations can't sustian their quality of life when pitted in competition with the world's arsehole. The US will one day be like Mexico, England will one day be like Poland or Portugal and we have the international traders, financeers and the politicians they own to thank for it. There is a reason that what is called globalisation today would of been called high treason a century ago.
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jvaski: Oh .....I forgot to mention that the trillions went to their special corporate buddies ( you know - the ones that they allowed to cause the economic disaster ) .......you and I are not included in that hand-out money club ........
But obummer did make sure that the money went to companies that previously owed 750,000,000 in back taxes.
(fact check it if ya want) 
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Albertaghost: For once?
I still chortle at the list of US invasions of Middle East countries you pulled up to substantiate some stupid point you had. Not one invasion on it save Panama.
Seems that I at least have been right on these forums whereas you have yet to achieve this lofty goal.
I still chortle at the list of US invasions of Middle East countries you pulled up to substantiate some stupid point you had. Not one invasion on it save Panama.
Seems that I at least have been right on these forums whereas you have yet to achieve this lofty goal.
I've been sittin back watching you fight with everyone else over your illusion of accuracy .......it's just another day with you
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jvaski: Uhhhhhhhhhhh using 2 Billion ......if you do the math .....and maybe there are approx 250 million over 18 - it works out to about $8,000 each......
I read the article, I did not do the math. But would you agree that they should have attact the problem at the foundation? Wouldn't we be better off. And even if it was 8 thousand, that would be 16 thousand per couple. It would of help a lot more and still a fraction of the cost. Thanks for doing the math.
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LOL. I am sure there would be some stipulation on how it should be used
LOL. I am sure that there would be some condition or stipulation on its use. It could be control by those requesting it and their pupose of the use.
Albertaghost: 250 million? Try $8 each to reach two billion.
Wow, that would get the economy moving like a rocket - everybody could rent a video or buy a pack of Luckies whatever.
Wow, that would get the economy moving like a rocket - everybody could rent a video or buy a pack of Luckies whatever.
LOL. I am sure that there would be some condition or stipulation on its use. It could be control by those requesting it and their pupose of the use.
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IgorFrankensteen: A lot of misunderstanding of the intent of the bailouts, the RESULTS of what was done, and for the way the economy tries to work.
There was more than one kind of "handout" or "bailout," done for different reasons. most of them actually seem to have helped most of us, even though an annoying result included that people who SHOULD have been wrung dry of every dollar they ever had, got away with almost no penalty of any kind.
The real fundamental problem we have in the U.S., is that starting in the 1970's the country was thrown into direct head-to-head competition for jobs and marketshare, with other nations who's cost of living was less than half of ours. Ever since that time, our industries and government has been pasting bandaid after bandaid over the mess, trying to pretend that we can continue to have a high-enough paid domestic workforce that can support the overpriced cost of basic housing that we propped up during the fifties, sixties, and so forth.
We wont start to have good times again, until the cost of housing and health drops to below half of what it is now. The only way to have done that at all quickly, would have been for us to accept a HUGE public debt, by having everyone's mortgage and rent paid for out of the general fund, followed by everyone's wages being cut by more than half. Then we WOULD be able to compete with China and India and such for jobs. This is politically impossible, and since they chose instead to heap a huge public debt upon us to put yetr ANOTHER bandaid over the pre-existing economic mess, it now CAN'T be chosen.
There was more than one kind of "handout" or "bailout," done for different reasons. most of them actually seem to have helped most of us, even though an annoying result included that people who SHOULD have been wrung dry of every dollar they ever had, got away with almost no penalty of any kind.
The real fundamental problem we have in the U.S., is that starting in the 1970's the country was thrown into direct head-to-head competition for jobs and marketshare, with other nations who's cost of living was less than half of ours. Ever since that time, our industries and government has been pasting bandaid after bandaid over the mess, trying to pretend that we can continue to have a high-enough paid domestic workforce that can support the overpriced cost of basic housing that we propped up during the fifties, sixties, and so forth.
We wont start to have good times again, until the cost of housing and health drops to below half of what it is now. The only way to have done that at all quickly, would have been for us to accept a HUGE public debt, by having everyone's mortgage and rent paid for out of the general fund, followed by everyone's wages being cut by more than half. Then we WOULD be able to compete with China and India and such for jobs. This is politically impossible, and since they chose instead to heap a huge public debt upon us to put yetr ANOTHER bandaid over the pre-existing economic mess, it now CAN'T be chosen.
Good point, At one time we have to go in to a recetion or a depresion, Everthing has its life cycle. Every thing must die to be reborn again. Who should pay for it? And could it have been prolong or should it have been prolong? I guess that is the real question.
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Come on guys. We need to figure this out, not argue among each other like politians and house wives. We need opinion from math experts and economics students and as well as professor. It is obvious that it is a problem, If you are going to shoot something down, You should at least give your opinion on how you think it should have been fixed or still can be fixed. Don't be part of the problem. Be part of the solution.
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d1dj4u: Don't you think a bigger tax cut should have been consinder at the foundation of the problem or at least more goverment loans should have been handed out at a low percent to the people with high lost on there property devaulation till they come back up and the goverment will receive there money back. It would have save a lot on forclosures and credit report. It is not pratical for people to pay more for there houses than what it is worth. Especially if they are not making it. Why do you think so many people are turning in there houses and taking the bad credit report. What we are going to have at the end. Is a bunch of abandon house that no one can buy because they have bad credit. Again. The middle class got put in the poor house and the rich are getting richer, by buying all these houses at low cost.m And part of the money would be use to keep the small bussiness open as well as new ones startting producing more production.
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What is with the gas/petrol going down in So. Cal, .30 cents a gallon in the last 14 days?
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NAKEDMUDPEOPLE: What is with the gas/petrol going down in So. Cal, .30 cents a gallon in the last 14 days?
The government threatened to take the tax break away from the petroleum companies if they did not back off on the gas hicks...heard the government was trying to get the prices down..just had not seen it yet. So this should tell us something..the tax break must be fairly large to get them to start to dropping fuel prices.
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krys1441: The government threatened to take the tax break away from the petroleum companies if they did not back off on the gas hicks...heard the government was trying to get the prices down..just had not seen it yet. So this should tell us something..the tax break must be fairly large to get them to start to dropping fuel prices.
Fuel is not the only price that has gone up.
We are spending more money because it cost us more money to live.
Is that a hiccup in this new agenda in this country to count money spent is
showed as income and freedom to spend?
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gardenhackle: (a) The rich get richer and the poor get poorer.
(b) A fool and his money are soon parted.
The reason for (a) is (b).
.....
The only way to make money is to engage in trade of one sort or another, whether it's your labor for a weekly paycheck, investments, enterpreneurial deals.... it's up to you.
The smart make money. The fools piss away everything they make.
(b) A fool and his money are soon parted.
The reason for (a) is (b).
.....
The only way to make money is to engage in trade of one sort or another, whether it's your labor for a weekly paycheck, investments, enterpreneurial deals.... it's up to you.
The smart make money. The fools piss away everything they make.
....and if the fools didn't piss away everything they make, the smart wouldn't really be able to get those 'everything'(ie. including the money the smart make). Surpirse!!
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d1dj4u: So most of the money was use on tax dept. is that what you are saying?
the best way wipeout china gonna have to one day like patton wanted in ww2 but its only money/debt russia will start something in middle east then fail n china will put it up/fight they are cyber probing now to shut down war systems no jobs so military is full when u turn 18 u go to post office to sign up for possible draft.jordan thinks this yr.arabs n jews war will start looks like next yr.to me.get in shape 18 yr.olds/military studys.wars start in tight money times sure helped fdr.------ This thread is Archived ------
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