The Bottom Line
Tim Williams
November 08, 2009
What are our elected officials thinking when they look at the latest unemployment figures.The United States economic outlook remains bleak. Businesses today are still looking for signs that the economy is improving. Today, Business won't start to expand until the employment rate increases but that won't happen unless the government steps in and starts to create an environment that encourages job creation. A similar scenario took place during the Great Depression of the 1930's. Then President Roosevelt with the help of some business leaders created the Works Progress Administration. That agency and others created enabled the unemployed to rejoin the employed in building most of the infrastructure that still stands today. This same infrastructure today needs urgent repair and other projects that are essential for the nations future is most warrented. With all the government infusion of billions of dollars into the banking and auto industries not one living wage job has been established.
The economy of the world has fallen into an abyss that the United States help push other countries into. It is up to the United States to resolve now that the only way for all economies to recover is to follow precedent of what President Franklin Roosevelt did in the 1930's. Establishing a massive public works project nation wide is essential for the business community to start expanding. When more people are rejoining the ranks of the employed more individuals will be able to purchase more goods and services and in this way business expansion will follow. What is happening all over is that business are still contracting which creates a domino effect of economic stagnation and withdrawal. With the current debate on health care reform this congress still can't get it. This country needs Universal Health Care to stop the flood of tax payer money from being wasted and enabling individuals to fraudulently garnish billions of funds from the current health care systems that have become so insufficient and outdated. This will greatly aid in freeing up additional capital for businesses to spend or pay down debt. It will also allow those employed to have extra spending power because of the deductions for medical will now be added as additional gross income to each paycheck. Lets not forget a simple economic premise " The more people with more disposable income to spend or pay down debt is the greatest economic boost any society can have." This will help create economic expansion.
Timing is essential and crucial for the United States to crawl out of the hole that the banking and auto industry pushed this nation into. Each day that congress and the President delay and ignore the chronic condition that most Americans are in with-out bold and decisive actions that deliver the positive results needed to ensure this nations and the rest of the worlds economic stability and growth more of our citizens will languish in a continuing spiral of economic, financial and emotional decay.
This is accomplished by implementing a WPA type of program that every state that took federal stimulus money to be used to put people to work in the rebuilding of the highways, bridges, schools, and other structures that desperately need repair. The other projects that need immediate attention are the construction of wind and solar farms all across the United States. The Pickens Plan for energy independence is most crucial for this country for the fact that it will provide more opportunities for employing the vast number of those Americans who can't find employment because of the current economic conditions. Only now through bold actions from both the federal and state governments will the business community start to rebound and in doing so will create a positive domino effect felt all over the world.
The economy of the world has fallen into an abyss that the United States help push other countries into. It is up to the United States to resolve now that the only way for all economies to recover is to follow precedent of what President Franklin Roosevelt did in the 1930's. Establishing a massive public works project nation wide is essential for the business community to start expanding. When more people are rejoining the ranks of the employed more individuals will be able to purchase more goods and services and in this way business expansion will follow. What is happening all over is that business are still contracting which creates a domino effect of economic stagnation and withdrawal. With the current debate on health care reform this congress still can't get it. This country needs Universal Health Care to stop the flood of tax payer money from being wasted and enabling individuals to fraudulently garnish billions of funds from the current health care systems that have become so insufficient and outdated. This will greatly aid in freeing up additional capital for businesses to spend or pay down debt. It will also allow those employed to have extra spending power because of the deductions for medical will now be added as additional gross income to each paycheck. Lets not forget a simple economic premise " The more people with more disposable income to spend or pay down debt is the greatest economic boost any society can have." This will help create economic expansion.
Timing is essential and crucial for the United States to crawl out of the hole that the banking and auto industry pushed this nation into. Each day that congress and the President delay and ignore the chronic condition that most Americans are in with-out bold and decisive actions that deliver the positive results needed to ensure this nations and the rest of the worlds economic stability and growth more of our citizens will languish in a continuing spiral of economic, financial and emotional decay.
This is accomplished by implementing a WPA type of program that every state that took federal stimulus money to be used to put people to work in the rebuilding of the highways, bridges, schools, and other structures that desperately need repair. The other projects that need immediate attention are the construction of wind and solar farms all across the United States. The Pickens Plan for energy independence is most crucial for this country for the fact that it will provide more opportunities for employing the vast number of those Americans who can't find employment because of the current economic conditions. Only now through bold actions from both the federal and state governments will the business community start to rebound and in doing so will create a positive domino effect felt all over the world.
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