How Do We Fix This Damn Economy Before It Sinks Us All?

[DemocratSinceBirth]

What do you think is going to happen if the nation goes into the mid terms with double digit unemployment and worse into the next presidential election with double digit unemployment.

Most folks are guided by their wallets or pocket books. When times are good they reward the incumbent party and when times are bad they punish them.

This ain't rocket science.

[ShortnFiery]

1. How about keep funneling our middle class dollars to the Insurance Cartels and

the MIC for endless wars in the ME? :eyes:

[ddeclue]

2. Hire me and pay me $140,000 a year and I promise to start spending

and buy a house!

:P

[FarCenter]

3. We need a trade policy and a business policy

The trade imbalance in goods and services must be adressed.

Small, medium and large businesses must be encouraged to invest in producing new goods and services to increase the supply of jobs. This needs to be done intelligently and specifically, not through fiscal or financial methods.

[fasttense]

4. Yup.

If President Obama really understood the economy he could turn it around before the 2010 elections by:

Hiring hundreds of thousands of federal workers and upping the salaries of all federal workers. Creating a new-deal style public works program.

Raise the minimum wage up to $10 or higher right now.

Increase eligibility and amounts of food stamps, unemployment benefits, Social Security benefits, welfare payments and Veteran's pay.

The goal would be to get as many dollars into the hands of as many poor and middle class people as you can so they will spend, spend and spend some more.

It's the only way to get us out of the 2nd Republicon Great Depression. But sadly we have idiots like Geithner and Summers advising the President.

[FarCenter]

8. All that does is temporarily increase consumption

It doesn't actually create new, competitive businesses or jobs that will last more than a year or two.

[jdlh8894]

11. "upping the salaries of all federal workers"

Gee whiz, just raise the taxes on the middle class to pay for these raises?
GD ! That's trickle UP economics!

[Mari333]

5. stop both occupations and tax the top 1 percent.

[Romulox]

6. I have two ideas: 1) multi-billion dollar bailouts for foreign banks; 2) SURGE! into Afghanistan!

If neither of those two work, I'm fresh out of ideas. :shrug:

[TwilightGardener]

7. How do you get businesses to hire when firing staff is profitable and

makes their stock go up?

[TxRider]

9. Don't even have to fix it

You simply have to put helping jobs and foreclosures and the economy as the #1 priority and bust your butt publicly on it.

Meaning before HCR.

That is the issue. It wouldn't have been without the economic crisis and recession, but the recession and high unemployment are real, the huge deficit is real, and it is the #1 priority of the independents who went 70% for Brown.

As I said elsewhere, most Americans like their health care. A year of HCR debate during the worst crisis since the depression is being seen as Washington fiddling while Rome burns.

[kenny blankenship]

10. 1. ) First of all you have to convince the people that you're on THEIR side

against the forces that created this mess - the fucking criminal bankers, the increasingly lopsided wealth distribution, the hollowed out manufacturing, etc that have led to demand failure. That means rhetoric and "theater" to reinforce the bond between ordinary people and your party must be engaged and kept up regularly even after you get elected. Once you have formed that identification bond, it must be maintained constantly.

2.) After that you improvise.


If you don't get step number 1 right, it won't matter a damn what you try for step 2, 3, or 4. You probably won't last to step 3 or 4 if you don't get step 1 right. If you have step 1 right, people will stick with you and give you time to try different means to restart the economy. FDR knew the importance of step 1 eclipsed step 2 and all the rest of them. The rulebook went into the trash. He tried one thing then another, but since the people felt secure that he was with them and against their class antagonists, incomplete success and wrong turns didn't doom his Presidency.

At this point President Obama has managed to get himself identified with Wall Street and high finance, with the banks and insurance underwriters.