- Unemployment: As big and as difficult as this hurdle of a strangling U.S. economy seems to be, it could be easily resolved. The United States could potentially create more jobs than could potentially be handled. It would put the U.S. economy back on the right track, which would prevent more case examples such as General Motors and Chrysler. Do we as Americans see anything in this economy moving in positive job growth creation? Re-read the sections above. Three solutions are needed: 1) Honest leadership from those who know what plans and solutions to utilize, 2) the availability of low-cost loans and mortgages, and 3) a well-thought-out program of economic planning and importance to growth. As has been seen, measures involved in the economic stimulus packages did not work. Similar steps of more stimuli for future use would not work either.
- Energy: There is only one solution to our energy problems--homegrown energy technologies in solar and wind energy and the potential of new energy technologies! Petroleum whether imported or drilled from domestic sources is too precious to be burned or to be used as a source of energy. It should be used as a source for food, medicine and raw materials. As an example, most plastics need petroleum products to be made. If the world is within a "peak oil" economy, preservation of crude oil is of the essence. Crude oil is used in the manufacture of goods in many areas. The development of new and existing energy technologies must be "decentralized." The "decentralization" of the new forms of energy technologies would benefit the United States for other important reasons as well as security reasons--in times of natural disasters and of course during times if we are attacked in a terrorist related event. Further, it would help to stop the spiral of escalating and accelerating cost inflation. New energy technologies would jumpstart the economy and create millions of new jobs and careers. Are any of these suggestions being considered?
- Healthcare: The biggest challenge is the $3 trillion out-of-control U.S. Healthcare System. The United States healthcare system needs to be made more efficient, and of course more affordable. This fact does not change whether legal challenges to President's Obama Affordable Care Act succeeds or fails--until the cost of healthcare is brought under control and has been made affordable for all Americans, there will be no health coverage for all Americans and our nation will continue to see the same problems prevalent within the current healthcare system. As time goes on, more Americans will lose their healthcare as costs keep rising. To reform the healthcare industry, it would be imperative to cut the recurring and repeated costs that are incorporated, and make the delivery of services possible in a much shorter period by eliminating moving from one clinic to another as an example. Further, measures should be implemented by those entities abusing the healthcare system to incur harsh and serious punishments. What the healthcare industry enjoys presently is like operating in the good old "wild west." Reforms must be made to insure a continued good and vibrant healthcare system, while reducing the high costs associated within this industry.
- Property Tax: This tax is the worse case scenario of all taxes--it is a "poverty-inducing and "business-destroying" tax. The reason for the "poverty-inducing" nature is that it hits senior citizens especially hard when they live on a fixed income and depend on their savings. If property taxes keep rising, the choice would be either "down-sizing" the way they live or possibly find themselves living under a bridge. Certainly, property taxes do not help younger Americans either who are just starting to build their own future. Furthermore, the dampening affects of property taxes on businesses are apparent; every increase in property taxes comes as an additional cost to the business itself. Property taxes though, are one of the main sources of revenue for state and counties. How property taxes would be replaced as a source of revenue for states and counties and by stopping the burden of these taxes with senior citizens and younger Americans starting their futures would be of obvious economic importance. The answer to this question is "profits" from publicly-owned state banks, which need to be created in order to make this economic benefit happen. See below.
- Balancing Budget: The solution to balancing the budget would be to start a program of installing massive "decentralized" solar and wind energy projects throughout the United States. Yes this is of course is considered "green" technology, but massive new jobs and new careers would be created all over the United States. This in effect would trickle down to other sectors of the economy to spur growth. The U.S. dollar would also strengthen again due to this type of program. The one-way flow of the U.S. dollar out of the country would be stopped. Deficits shall disappear through increased tax revenues to states and the federal government. Social costs of all kinds, unemployment, foreclosures, environmental issues, healthcare, etc., in essence all areas of the economy would be reduced and the growth of economy would rebound and eventually be restored. There would be no need to implement unfair, inept and inefficient economic measures such as axing budgets, or cutting pensions and other social services.
- Tax Incentives: It would be shallow thinking and shortsighted to believe that within our current times of economic problems, any kind of tax incentive will reverse the direction and spur the economy on its own merit. Tax incentives can only work, when demand has been created! To spur demand, it necessitates the availability of low-cost loans and mortgages to private households and businesses in order to increase revenues and induce business expansion. Is this concept happening anywhere currently in the United States? Tax incentives will help only those businesses that are prospering and currently find themselves in very large profit zones. How many small businesses are lucky enough to be in that position?
- Unions & Associations: It seems that unions are being faulted for bargaining collectively. This is not the major obstacle, considering that every profession in the United States has some sort of union. To name a couple of them: The American Bar Association, and the American Medical Association and their state chapters are nothing but unions, and are very powerful unions. Try to reduce lawyers' or doctors' fees, and watch how these "unions" react. Those that should be held accountable in these unions are union leaders. These leaders make back room deals at the expense of their very own working union and due paying members! Union leaders may get promises for better jobs, but that very seldom benefits the working and due paying members of Unions! Of course, the AMA and ABA are no less active than the unions--they unleash their lobbying groups to protect their interests as well. What unions do accomplish with their member's votes, the AMA and ABA simply buy politicians with campaign contributions! Which group is worse? You be the judge.
- Economic Sanction: A sanction against any country without consequences is no better than a tiger without teeth. If we impose a sanction against any country, we should make sure that the Chinese, Russians and the EU (European Union) clearly understand if they take a single step against a placed sanction, they would be barred from doing business with United States for an indefinite period of time. Of course, before we impose any kind of sanction against any country, we should think about the consequences that would result for the United States. However, if the sanction is without serious consequences for the violators, either we should think about not imposing a sanction at all, or, if the United States decides to sanction a country we should be very firm on our position for enacting a particular sanction of choice. What we are essentially doing is handing over the market of that nation with our hands to other nations, and in turn portray ourselves as a toothless tiger. Further, the United States would look like villains to the people of a nation whose economy is being sanctioned, and their support is obviously needed. In addition, we would hurt our own economy and our companies' competitiveness by not doing business in that nation. Nothing could please other countries more than by having our nation closed out from other nation's markets by not being able to do business with a nation that has been sanctioned.
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