Re: OT Fixing US System?
- From: Tony <Tony@xxxxxxxxxxxxxxxx>
- Date: Sat, 15 Nov 2008 10:12:42 -0500
You know it was too bad i wasn't at that G20 summit meeting. Seems i'm the
only one that knows the real cause and solution.
Dave wrote:
Hey Joe,
"JoeZ" <JoeZ@xxxxxxxx> wrote:
I know, I know this is a taboo area to go but it's really starting to
look ugly now and questions need to be ask of smart people and there
are very smart people here, what can or should be done to pull the US
out of the trouble it's in right now? no blame games please, try and
be civil, this very needed on top of our already poor health spot
we're all in, your thoughts and views please and many thanks...Joe
I like your question and I like your attitude, what with keeping it
civil and all. I'll give it a stab. I think the US government needs to
stay out of some areas and get more involved in others. Before this
crisis, we had pretty good home owner rates in the US. Trying to push
ownership from around 70% or so to around 80% or so is probably not a
good idea. Many people just aren't ready to assume all that comes with
owning a home. For instance, because of fluxuating prices, you might
not be able to move for 10 years. That doesn't work for a percentage of
the population. On the flip side, loans given to people with no vested
interest (i.e. no down payment) should be regulated. Well, I don't
think they should even be issued, but if they are, they should be
watched very closely.
I think this mess will take a while to sort out, but I think it will get
fixed quicker by allowing prices to drop down to where they should be.
The government is effectively trying to prop prices up right now, and
historically, they're still really high, so this is a bad idea. It's
just going to prolong the inevitable and delay investors from buying
properties that people can then rent. But local governments don't want
prices to fall because that means decreased property tax revenues. Of
course, I'll never be convinced that the cost of city and county
services have tripled in the past 10 years just because home values had
tripled, but that's another problem.
As for other areas, now that the dollar is weaker, we should see exports
increasing so jobs should follow from that. I think the government
should be proactive and slap on a hefty $1/gallon gas tax and use the
money to help build the infrastructure needed for electric cars. Again,
that's more jobs. Plus it's technology that we can export. Also, then
we can finally treat the Middle East as we do Africa when it comes to
foreign policy (i.e. they don't have something we need). We are also
giving a lot of money to a lot of countries in the Middle East so we
should lean on them to keep borders in the region more secure so that we
can get the bulk of our troops out of there and focus only on any
current terrorist activity that is a direct threat to us or our allies.
And any shared threat should be handled through NATO. There's no reason
for us to shoulder the enitre cost of protecting all the NATO allies.
Oh, and I think this latest financial crisis took care of any problems
we may have had with Russia. At least for a little while.
Anyhow, I mainly see good things on the horizon. I think an Obama
presidency will allow us to get the help we need from the rest of the
world. We can't afford to do it alone forever. But yeah, I don't see a
quick fix to much that's going on. Also, I'd like to see us buy down
our debt as soon as possible. Social Security is going to be a real
headache in about 20 years or so, so we don't need to add to it. Also,
let's get smart about immigration. We may or may not need more low wage
workers, but we definitely need Ph.D.'s. We need to quit kicking them
out of the country after they get their degrees!
OK, I'm sick, I'm tired, I'm rambling... oh, aren't we all?! How about
you? Any ideas for the US? :)
350mil americans right? 740bil bailout? just give the people a mil
each and fix that end? right? :) yeah, right... excuse please,
grabbing at straws as usual...
Hehe, before I got sick I did work with math a lot (software engineer),
so FYI, the math comes out to about $2000 each. The last "stimulus
package" was about $600 each (if you paid at least that much in taxes),
so maybe that's what we're eventually headed for.
Good question. Kept my mind somewhere else for a bit... thanks for
that. :)
Good night,
-Dave
--
The Grandmaster of the CyberFROG
Come get your ticket to CyberFROG city
Nay, Art thou decideth playeth ye simpleton games. *Some* of us know proper
manners
Very few. I used to take calls from *rank* noobs,
Hamster isn't a newsreader it's a mistake!
El-Gonzo Jackson FROGS both me and Chuckcar
Using my technical prowess and computer abilities to answer questions beyond
the realm of understandability
Regards Tony... Making usenet better for everyone everyday
.
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- From: JoeZ
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