How To Improve The Us Economy - A Political PerspectiveThe United States has been in a recession since December, 2007, as defined by the National Bureau of Economic Research, a private, nonprofit research organization. But the American people, and the Obama administration along with the democrat majority congress, seem to be at odds on how to fix the American economy.
A robust economy means companies expand which results in job creation. Currently, the American people are not spending because many are not working, and those who are working are spending less, most likely due to the possibility of losing their job. Current unemployment rate stands at 9.6% as of August, 2009. A decrease in spending by the American people results in a decrease in company profits, company non expansion, and more layoffs.
Reporting on a survey by Watson Wyatt, a consulting firm, the HRSpecialist.com reported in November of 2008 that one-fourth of U.S. employers plan to have staff reductions during the following calendar year. We are now seeing this come to fruition for 2009.
So how can the US economy improve? Improvement being defined as two consecutive quarters where we do not have negative growth in the GDP (gross domestic product). The following is what we call the Steps to Economic Improvement. These are steps for consideration which hopefully result in a healthy bipartisan discussion between our elected congressman and their constituency. These steps may result in non-recessionary growth of our economy.
You may or may not agree with these steps, but at a bare minimum, these are points to consider, and ideally result in a healthy discussion with our elected congressmen, which at last check, is one of the unchanged notions of a free democratic society.
Steps to Economic Improvement:
1) The first step is to realize that it is business and not government that creates jobs and wealth within the American society. This is where we believe is the heart of the problem. It is evident that the Obama administration believes it is government that will lead Americans to economic prosperity. This is why the federal government has put forth a $780 billion stimulus package. So where is this money really going. Let's take a look at the breakdown. (source Republican Senate office, CNN.com AC360)
$780 Billion Stimulus Package:
MORE THAN $43 BILLION IN TRANSPORTATION INFRASTRUCTURE INVESTMENTS
$27 BILLION FOR HIGHWAY, ROAD AND BRIDGE INVESTMENTS
$8.4 BILLION FOR PUBLIC TRANSIT INVESTMENT
$2 BILLION FOR HIGH SPEED RAIL
$1.3 BILLION FOR FAA AIRPORT IMPROVEMENT FACILITIES AND EQUIPMENT
$850 MILLION FOR AMTRAK
$250 MILLION FOR GRANTS TO STATES FOR INVESTMENT IN HIGH SPEED AND INNER CITY PASSENGER RAIL
$100 MILLION TO MARITIME ADMINISTRATION FOR ASSISTANCE TO SMALL SHIPYARDS
$76.8 BILLION IN EDUCATION INVESTMENTS
$39 BILLION FOR STATE FISCAL RELIEF TARGETED DIRECTLY FOR EDUCATION
$13.9 BILLION FOR PELL GRANTS
$13.5 BILLION FOR SPECIAL EDUCATION FUNDING
$10.4 BILLION FOR TITLE I
$6.4 BILLION FOR WATER AND SEWER INFRASTRUCTURE
$3 BILLION FOR JOB TRAINING
$3.25 BILLION FOR WORKFORCE INVESTMENT PROGRAMS
$160 MILLION FOR JOB CORPS
$87 BILLION IN TEMPORARY AND TARGETED MEDICAID RELIEF TO STATES
$5 BILLION FOR SUPPLEMENTAL GRANTS TO PUBLIC HOUSING AUTHORITIES FOR CAPITAL NEEDS
$4.7 BILLION FOR STATE AND LOCAL ENERGY EFFICIENCY BLOCK GRANTS
$4.4 BILLION FOR SMART GRID
$2.9 BILLION FOR WEATHERIZATION PROGRAMS
$2 BILLION FOR ADVANCED BATTERY MANUFACTURING
$7 BILLION FOR LOAN GUARANTEES FOR STANDARD RENEWABLES
$800 MILLION FOR CONSTRUCTION OF PORTS OF ENTRY
$500 MILLION FOR FIREFIGHTERS ASSISTANCE GRANTS
$1.2 BILLION FOR NATIONAL SCIENCE FOUNDATION
As part of the 2010 budget proposal, the Obama administration has also proposed additional measures to attempt to stabilize the economy, including a $2“3 trillion measure aimed at stabilizing the financial system and freeing up credit. In a nutshell, auditors from the Congressional Budget Office have said that Obama's budget would produce $9.3 trillion in deficits over the next decade.
This is a large chunk of change that needs to be provided by the American taxpayer! But the question is, will all of this spending help the long term growth of the US economy? Growth being during the period of not just the next few years, but rather 10 to 15 years. We believe it will not and here is why.
2) These programs burden the tax payer. History has shown that long sustained economic growth can not take place when the tax payer is over burdened by a federal deficit. Also, when the government spends money they do not have, they print more money, which results in a devaluation of the US dollar. This results in inflation.
3) Small businesses employ just over half of U.S. workers. How do you define a small business. The Office of Advocacy defines a small business for research purposes as an independent business having fewer than 500 employees. In examining the $780 billion stimulus package, you can see that there is no real help for small business. Remember, job creation is needed for economic recovery.
4) The socializing of America will not result in long term economic growth. The massive spending that the Obama administration has proposed will result in an even greater tax burden to the American people.
Most Americans believe in the frame work and meaning of The Constitution of the United States. The first words of the Constitution "We the People" make it clear that our government was established to serve the people. The essence of a democracy was eloquently stated by President Lincoln in his Gettysburg Address "that government of the people, by the people, for the people, shall not perish from the earth." This simply means that our elected president and congress have a responsibility to listen to the American people.
And it can be said that most Americans do not want a socialistic society for the United States. Government needs to stop spending the American tax dollar, simply because an escalating government deficit will not result in an overall improvement in our economy.
5) Programs such as Cash for Clunkers, auto industry bailouts, and the like, only in the end increase the tax burden on the American people. These massively expensive programs do very little to improve the viability and strength of most small business. Based on 2008 figures, there are 155 million workers in the United States. The car industry accounts for about 13 million of these workers. Therefore, most Americans will not benefit from the bailout of the auto industry. There is only a marginal at best improvement in the economy from such programs.
3 Ways Ballroom Dancing Classes Can Fit Into Adult Dance Schools Getting A Raw Deal Adult Dance Schools Getting All You Need to Know Are You Ready to Take Are You a Dancer Ballroom Dance Shoes Entertainment Best Wedding Dance Songs Can a Hopeless Dancer Choosing the Right Ballet Dancing Chosing the Best Ballet Dancing Dance Classes and Lessons for Good Dance School Logo A Short Dance Shoes Big Savings Big Comfort Dancing For Weight Loss Dancing Lessons Different Styles International Latin Standard American Exotic Dance Central Health Fitness First Wedding Dance Songs Get the Amazing Benefits of Taking Have Fun Learn to Dance How Does Online Dance School Improve your life by taking International Happy School In Shahadra Is it Better to Take Know the Benefits of Private Dance Learn About Wedding Dance Free Learn How to Dance Look How Far Weve Evolved Were Make Your Wedding Dance Memorable Make Your Wedding Dance More Make Your Wedding Day Memorable Online Dance School The Hi Tech Online Dance School Why Enroll in an Online Reputed Music School and Dance Road to Fame With the Dance Roseland School of Dance Best of Ronkonkoma Secrets of Private Dance Lessons Should You Choose an Online Dance Special Artists Wedding Dance Performers Taking dance lessons can improve The 3 Top Ways to Learn The Most Romantic of Dances The Wedding Dance New Modern The most romantic of dances Traditional Indian Wedding Dances Wedding Dance Etiquette Relationships Weddings Wedding Dance Etiquette Wedding Dance Lesson Bloomfield Offer a Lot for Everyone Wedding Dance Lesson for the Bride Wedding Dance Tips Wedding Dance Video Show Wedding Dance What Do the Best Why Opt for Online Will I Require a Choreographed dance school phoenix Advertising
A Juggalo Dictionary A Guide A Latin Dictionary Saved My Life Advices On Reading Listening And Talking Are You Looking For The Best Being An Interpreter Pros And Cons Benefits Of Having An Interpreter Components Of High Quality Professional Dictionary Online Useful And Convenient To Anyone Different Ways You Can Learn Dr Samuel Johnson And His Lasting Electronic Dictionary Has Many Different En101 common Language make Figuring Out Italian To English Free Forex Training Forex Trades Getting The Best Spanish Translation Good Interpreter Is Essential To Ensure Higher Language Entry Level To Study History Of Dictionary How Quality Is Ensured In Technical How To Find A Sign How To Learn English Grammar How To Work With Importance Of English Language Importance Of Translation And Interpreter Services Keeping Motivated With Your Foreign Language Language Translation For Dummies Learn English Online What Learn English Speaking Learn English Trough Distance Learning Learning English Opens Doors Machine Translation Capabilities And Limitations Medical Dictionary Online More Study European Languages In South Obtain The Services Of A Professional On demand Video Remote Interpreting For Hospitals Online Dictionary Easily Accessible And Obtainable Simultaneous Interpreting For Live Conferences Study Abroad To Learn Language Study With The Best English School The Best Reasons For Me To Study The Importance Of Competency In Court The Importance Of Language Learning The Importance Of Technical Translation The Top 3 Easiest Document Translation Theories Of Learning English With Understanding English To Thai Translation When Is The Best Age To Study Who Should Learn Hebrew Why You Should Become An American Why You Should Go Study
A Florida Family Fishing Trip A Team Fitness America Segment America Needs Election Reform To Ensure American Christmas In Times Americas Heartland On A Budget Austin Driskill Hotel Best Hotels In Latin Boston south Amtrak Travel In Style Branson Missouri An All American City Building A Business Mailing Discover Americas Quirkiest Destinations Display Ready Plastic Bins is America Economic Recovery And Business Portal Extended Stay Inns Best Causes Five Amazing Road Trips In America Helmets R Us Your One stop Home Business Opportunities The New Workforce Hotel Booking Worldwide How Do Single American Singles How To Improve The Us Economy How To Shop At Us Retailers Information About American River Rafting Invisible Holiday Traditions At Americảs Latin America Driving Toward Sustainable Business Latin America Offering Huge Business Opportunities Laws Surrounding Online Pharmacy Business Learn How To Take Advantage Of Tourism Making Government And The Political Class Market America Incorporated A Closer Market America Incorporated A Home Market America Review Should You Join New Trends For Apparel Retailers Peru Tours And Brazil Holidays Pleasant And Safe Stay In Hotel Russian Holidays Sam Walton Wal mart See South America In A Different Single Asian Americans Look For Online Six Trends That Will Small Business Startup The Growing South America Sending More Studying The American And The British Team Fitness America Top Ten Ways The 10 Most Luxurious Hotels The Beauty Of Hotel Panama The Best Backpacking Trips In America The Commemoration Of Holidays In America The Online Payday Loan The Top 10 Hotels In America Tis The Season To Be Angry Top Five People Who Overcame Disabilities Top Pet Friendly Hotels In North Top Spots For Bird Watching Holidays Top Ten Vacation Sites United States Of America Democracy Lost What Happened To Our Democracy Who Has The Largest Why You Should Consider
2004-2019 © American Brothers Organization.