Al's Corner of Clarity: How to Fix the Economy

Have your own take on recent events? Lay it out.

Here's Mine:

 

Apparently the Senate agreed to pass its so-called "Stimulus" package today. As I have said before, the philosophy that drove Bush, and now Pelosi's "Stimulus" packages forward, the supply-side-hold-wealth-at-the-top of society philosophy, is what brought us to this point of total economic and financial collapse. More of the same will not solve our problems, it will deepen them.

The real problem is that nobody, well, nobody in power, has identified the problem. Briefly, our problem is that our loss of democracy unbridled greed, in its many forms. One manifestation was unlimited, unfunded growth, complimented by an extreme concentration of wealth and power. All was funded on the assumption that wealth, power, profits, assets, and resources would grow into infinity. These are erronious assumptions.

The current bailout, like the one before it, and the one to follow, are all based on restoring our unlimited growth, maintaining our extreme concentration of wealth, and perpetuating the corporate class's control of our democracy.

This system of corruption has reached the end of its rope, and these last bits of theivery will only serve to tighten the noose these traitors made for themselves.

So here's a real plan. Determine how low the level of market and economic activity will go, based on real level of econ/market activity that the actual income and purchasing power of  the middle-class can support. Measure the difference between our present level of production and consumption and the lower level that our middle-class purchasing power can support. In other words, our stupid leaders have not assessed where we were, why we were there, or where we are headed to. Hell, they have not even figured out that the markets/econ are headed down to the level of middle-class income and purchasing power can support.

Next, pour funding into those stuck in the downsizing, the citizens who are losing jobs as our economy retracts from its unsustainable heights to the level our actual wealth can support. Fund them, re-train them, and deport every one that does not belong here. Then, pour the rest of the money into driving up middle-class incomes and making middle-class income more economically functional. This would be easy, if our politicians were not wholly owned subsidaries of Corporate America.

Driving up middle-class incomes takes three simple steps: First, end all immigration. Stop the dilution of the labor market, and you stregenthen wages. Second, stop offshoring. Not protectionism, but a set of tarriffs. 100% if your country has no decent medical, educational, retirement, wage, safety, and environmental laws and services. If you are not a democracy or violate human rights, your country must be banned from trade with the US. If your country provides all of these laws and services to its citizens, they should be rewarded with free trading privilidges. Third, collect no income taxes on anyone who makes less that 100k a year for two years.

Well there it is, the solution to all the world's problems, starting right here in the Belly of the Beast.

What you think, Patriots?

Submitted by alexwierbinski on Sat, 02/07/2009 - 04:04. categories [ ]

I think you are missing half the problem

You havent at all addressed the actual costs of the corporate welfare programs we call healthcare in this country. You have not set out a plan for fixing this and moving forward.

You are Totally Correct

The health care debacle, like every other political policy in this country, has been nothing more than the plaything of the health care industry and their bribed politicians.

The Same can be said about big pharm, big oil, (the department of interior should be renamed the department of big oil) and I can go on forever in this vein.

So I'm hunting the big target: the direct link between wealth and power that has neutralized our democracy and makes all law and policy a product of bribery.

Until that link is broken our health care system, like our economy, will continue to hurt rather than help people in the same way that our economic policy has impoverished our nation for the incredible wealth of the very few.

So, first things first!

In the meantime, we are going to be moving backwards for quite some time before we begin "moving forward," let alone holding our own.