Friday, January 16, 2009

When Will Economy Recover?

Do you really think spending $1 trillion (that we don't have) is going to get our economy moving again? 

Not a chance. It actually adds to the problem.

Do you really think that increasing productivity is going to help?

Not a chance. Unless you find a way to produce something in this country for a profit.

Do you really think increasing consumer spending (through tax cuts for people that don't pay taxes) is going to help? 

Impossible. You can't get people to spend money that was created out of thin air without having some serious long term problems.

The solution is to come to an agreement on a direction for the country. We need to solve our systemic problems in a whole host of areas.

Energy. Health Care. Banking. Retail. Manufacturing. Auto Industry. Airline Industry. Wall Street. State and Local Government.

There isn't one of these industries or organizations that has a business model that works in the free market. Not one works within an economic model where the consumer pays the true market value of the product.

Every one of these areas requires subsidies in order to survive. Until these are economically sustainable, there isn't a chance for our economy to recover.

Going into long term debt is not really going to help...

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