The US economy is tanking because of things like the large number of unemployed and underemployed, the recent housing mortgage fiasco, the weakening dollar, and higher oil costs.
How do the US leaders address these many threats?
They give a little of the people’s money back to them to pretend they are doing something to stimulate the economy, bail out the first big economic powerhouse that falls, then scatter more borrowed money around while lowering the interest rate to make the dollar even less attractive on the world market.
The country has a problem? Throw more money around. The future looks so rosy now.
If we do not produce, what props up the dollar’s value?
The $160 Billion could instead put tens of thousands of people to work in manufacturing and installing non-oil power generation systems across the country. A byproduct of this kind of action will be a major reduction of US foreign oil dependency while helping the fight against global warming as well. Add a general infrastructure stimulus bill as well and the country will be far better off then it will be after giving a small amount of money to individuals.
We have the resources.
We have the technology.
We have the unemployed.
We need to reduce money and resources leaving the US and create wealth right here.
Where is the political action?
I have posted some blogs, on sites like the two below, addressing a path the politicians could take to stimulate and protect the US economy. Sadly, I doubt the politicians will change their blind course and the US will continue its race towards a major economic crash.
http://www.myspace.com/josephthepoet
http://rhymster.com/members/Joseph_McNeil/
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PSylvester20
Apr 8, 2008 | 9:17 AM |
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IneedUrHelp
Apr 8, 2008 | 10:26 AM |
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kdubken
Apr 10, 2008 | 1:02 AM |
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JosephThePoet
Apr 10, 2008 | 8:00 AM |
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kdubken
Apr 10, 2008 | 11:26 AM |
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kdubken
Apr 10, 2008 | 12:54 PM |
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JosephThePoet
Apr 11, 2008 | 8:05 AM |
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JosephThePoet
Apr 11, 2008 | 8:06 AM |
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djems1022
Apr 11, 2008 | 8:00 PM |
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jimbobbob
Apr 11, 2008 | 9:27 PM |
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JosephThePoet
Apr 12, 2008 | 9:23 AM |
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mrmgrady
Apr 12, 2008 | 5:36 PM |
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kdubken
Apr 13, 2008 | 10:19 AM |
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I have diplomas in electronics and computer programming, and an employment background that includes security, supervisory, and laser communications components manufacture and trouble shooting.
I am receiving a small provincial disability support and am trying to earn a living as a poet. My first poetry book "Life is a Puzzle" by JosephThePoet can be found at:
http://www.barnesandnoble
.com/
http://www.publishamerica
.com/
http://www.amazon.com/
Anyone wishing to copy and share my posted poems with others may do so if they include the following, provided they do not try to make any money from them: Author JosephThePoet of Life is a Puzzle by PublishAmerica. Anyone wishing to share my posts and my comments may also do so provided they indicate they are mine and don’t try to make money from the practice. If you share a debate I make in a comment area please follow the same rules and also eliminate any person’s moniker I may have referenced if I used part of their comment in my argument.
Member Since: 1/17/2008
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