When we examine the very basics of the economy we find that it consists of workers, customers, venders, and manufactures and each one depends on the others. It seems that the government doesn’t even understand the very basics.
It makes no sense to give business money for nothing. The government has become the only entity large enough to solve the problem. The government can either give business money for nothing, which will only delay bankruptcy, or they can become the largest customer of their goods.
The auto manufacturing companies can manufacture all kinds of military equipment and we just happen to need to replace equipment. They would have a customer and we would have jobs: plus the country would get something for our money.
They could also be made to manufacture cheap, fuel efficient, and good autos like foreign manufacturers do. Having a customer as large as the government could insure that we get what we must pay for; though we aren’t now, so there is not much hope for that. The government would have enough clout to set fair prices as well as setting standards. Well, that is if graft were controlled and it isn’t now.
If this sounds like communism to you then it should be obvious that we are all ready communists or perhaps we do not even have a system. It is certain that this system is not working.
The government caused this recession by giving all of our manufacturing jobs to any foreign business that wanted them. It is not a credit problem. If you have no job then no one is going to loan you money, so the banks are just sitting on the money that was given to them; with no accountability to handle it properly I might add. Eventually, without customers, the money will all be spent on expenses and they will want more.
To recover from the last “Great Depression” the government spent money on roads, bridges and many other projects that ultimately benefited the people. This government needs to come to its senses (if it has any) and use the wealth as a business would.
GET SOMETHING FOR IT.
The government could buy the vehicles that the auto companies can not sell, because no one can afford them. Then put the people back to work and have drawings for what they had no choice but to buy; at least we would have an income and some of the people would get something for all of the people’s money, and eventually the economy would recover.
Every time the politicians that we elect do not do as they promised we say that we will kick them out of office and elect someone that will do as they say. Well, we haven’t elected one yet. Those that we have just elected have the opportunity to produce, but by now I have no confidence in the system.
Anyway, if the people’s money (actually credit) were to be handled correctly the basics of economy would be fulfilled. The people would have income to pay for housing, food, and the taxes that will have to be paid, the businesses of the country would have a buyer for their goods and therefore could keep or hire employees, the venders would have something to vend, and the government would demonstrate some responsibility with the people’s money.
Of course these unfair “free trade” agreements have to be stopped. It is not fair when other countries subsidize trade and we do not. It is not fair when we must protect the environment and other countries do not. It is unfair when our living expenses are out of sight when compared to those in foreign countries. It is unfair and even illegal to pay an American worker the low wages that are paid in other countries; not to mention he can not exist on those wages.
If the government will not stop this then maybe dock workers or those who are responsible for berthing the ships could slow everything down. If they can’t unload the goods then they can not sell them and unfairly compete with the American worker. Somebody has to do something other than just giving our future to the rich.
If these agreements are not stopped there is no hope of recovery. Americans or anyone for that matter will buy at the lowest price. That is what got us here. It is not the American workers fault. It is the fault of those who allowed the unfair trade. If jobs are reinstated for the American worker and unfair trade continued to be allowed we will never recover, as we all buy at the lowest price; especially when we have no steady income. It is a shame that the government is not doing the very basic task for which it was formed. The basic job of government is to protect the people that it governs: not the whole world.
BUT THEN MAYBE THAT IS JUST TOO DAMN SIMPLE.