Five Ways To Save Our Screwed Economy
If you haven’t heard; the economy is screwed. People are shouting that we need more jobs. Others state we need to quit spending money. While others state we have to protect the rich and give them better tax breaks. Who is right? The main reason why the economy is shrinking and unemployment is rising is a sharp drop in demand for goods and services. The quickest, most efficient way to bolster demand is to put money in the hands of people who will spend it quickly — namely, people who need it to cover basic expenses such as housing, food, and transportation. Helping struggling families thus isn’t an alternative to preserving and creating jobs; it’s one of the most effective ways to preserve and create jobs. The idea comes down to if you get money and save it - you don’t help the economy. If you get money and spend it immediately - you DO help the economy. Here are five things we can do to actually get people spending money. Note: If these ideas don’t specifically explain your needs, congratulations! You just realized you aren’t the only person in the country! Read more...
