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JosephThePoet's Blog

by JosephThePoet from Barrie, Ontario Canada

Last Post 1 day, 5 hours Ago


 

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/

 

13 Comments |  Add a Comment

Member Comments Total Comments: 13
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PSylvester20 read my blog
Apr 8, 2008 | 9:17 AM

The problem is that our politicians are all about the "here and now", and what best serves their political careers. They have no interest in the future of this country or leaving it better off than they found it.

IneedUrHelp read my blog
Apr 8, 2008 | 10:26 AM

The politicians are just responding to the publics expectation for instant gratification. They know if they support a plan that will be good in the long run, but little or no one will see the benefits during their political career and it wont help with their career. Me, me, me, now, now dangit! Im an American and thats what I expect.

kdubken read my blog view my photos
Apr 10, 2008 | 1:02 AM

The best thing a politician can do for the economy is nothing.It is very hard for them to do nothing when so many blame them for so much.

JosephThePoet read my blog
Apr 10, 2008 | 8:00 AM

"The best thing a politician can do for the economy is nothing.It is very hard for them to do nothing when so many blame them for so much."

They applied for the job of governing the country. Allowing the private sector to do anything they want is like allowing a car to race down the highway without anyone controlling it, except the damage is far greater and to many more then a vehicle crash.

A lack of intelligent governance is why things like the current mortgage crisis happen, and why we are addicted to oil and why our jobs have gone overseas.

Ungoverned is chaos, and you will be the first to cry for rules when it is you who suffers because anything goes. How happy will you be when the economy tanks big time because of a lack of responsible governance?

kdubken read my blog view my photos
Apr 10, 2008 | 11:26 AM

Thank you Joseph. I just love it when I get a chance to be a smartass.The analogy of an out of control car is great. I drive a 3/4 ton pickin up truck with a 5 speed,and 4 wheel drive.It has a reinforced steel step bumper and reese hitch on the back.The front bumper is 8"inch channel iron with 2"inch black pipe cattle guard and spare tire mount.If that sucker ever gets loose on the hi-way it will cause havoc. So far no politician has tried to crank it up and run the gas feed and breaks from washington.My pickin up truck just hangs around with me and plays sweet country music on it's radio.-------------------------------------------------
-------------------------------On a more serious note; it is NOT the job of politicians to control the production,distribution,and consumption of goods and services.They have as much chance to successfully run my economy without me as they have to run my pickup without me.

kdubken read my blog view my photos
Apr 10, 2008 | 12:54 PM

Man O Man that is one great analogy. Here are few more questions and coments.Your idea of intelligent governance is much different from people who value individual freedom.Ungoverned is not choas. It is liveing free under natural law.Americans are becomeing like hot house tomatos.They want to be protected in comfortable surondings without flavor or unique taste.-------------------------------------------------
----------------------You say our jobs have gone overseas.How are jobs more our's than anyone else's in the world?-------------------------------------------------
--------------There is no mortgage crisis. People bought houses they cannot pay for.Banks loaned them money and both will loose money.Other people will buy the houses cheep and banks will loan them money.These people and banks will make money and world may stay in orbit.-------------------------------------------------
----------------------------We are addicted to oil because it is the life blood to modern industry and transportation.Technology will replace oil energy when it is necessary to do so and not before.The market place will determine that time.Government cannot control the uncontrolable.

JosephThePoet read my blog
Apr 11, 2008 | 8:05 AM

kdubken, the government is supposed to guide the direction of the country.

Where is the freedom for the majority when they are stifled and abused by the wealthy and powerful if there is no decent governance to protect them and the environment? Chaos is unordered or ungoverned. The mortgage fiasco is an example of what can occur to threaten the country, everyone, when there is no governance.

When the government enacts policies that will result in massive numbers of jobs leaving the country while ensuring our imported goods will increase, then they should also enact policies to create replacement jobs to continue to create wealth and to keep the majority of its citizens employed and content.

JosephThePoet read my blog
Apr 11, 2008 | 8:06 AM

We are addicted to oil because it was the easy path for power at the time, with electricity also in it’s infancy around the same time, and then the oil barons and governments wanted to keep it that way because of the wealth they received. Making personal power available to the masses has scared many governments because they fear losing a large tax source, and those with power don’t want to give up any of their power over others.

djems1022 read my blog view my photos
Apr 11, 2008 | 8:00 PM

I agree I've written several responses and deleted them all. All I can say is I Agree

jimbobbob read my blog
Apr 11, 2008 | 9:27 PM

Government is not the answer, it is the problem. The government is fat, and out of control. I favor a limited government that seperates itself from the private sector. I pay too much tax as it is, why would I want more government? Heck the first 4-5 months of my salary goes to the government. We tried liberal economics back in the late 70's under Jimmy Carter, and look what it got us!

JosephThePoet read my blog
Apr 12, 2008 | 9:23 AM

jimbobbob,

If you think that ungoverned capitalism is the answer, then you fail to take into account the greedy nature of people.

You think you have money problems now? Just allow unbridled capitalism to run wild and destroy the country. Consider the many people who lost their home investment value because of the mortgage fiasco, or whole communities that suffered major financial hardship because companies dumped their employees to move their production to a country that pays people next to nothing and doesn’t have product or environmental governance rules.

If your vehicle is broken down do you throw it away or fix it? The government needs to be fixed not thrown away.

mrmgrady read my blog view my photos
Apr 12, 2008 | 5:36 PM

Greed! Power-monging! Xenophobia!

Pick one!

kdubken read my blog view my photos
Apr 13, 2008 | 10:19 AM

Kings ,dictators,and, socialists believe that all moneys earned by it's citizens belong to the government.The unique concept,found only in The Constitution of the United States of America,states that all moneys earned by it's people belong to the people who earned it.That money can be taken from them only by concent of the people who earned it in the first place.-------------------------------------------------
-------------------------------




The only way people can keep their earned income is to limit their concent for the government to take it through taxation.----------------------------------------------
--------------------------On the 15th of this month try to remember which party concented to raise taxes and which one concents to cut them.

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JosephThePoet

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