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Thu Mar 30, 2017, 07:38 AM

 

The solution to our economic situation is simple but no one will do it.

First, people (especially voters) must be told and helped to understand and accept this:

Immigrants are not the cause of our economic woes. Our nation was built on the backs of immigrants, workers, and minorities. They are not taking the good paying jobs from whites. [Automation and technology are.]

Trade deals are good for the nation EXCEPT when they are made for the purpose of exporting jobs for much cheaper labor or to escape paying US taxes and regulations. [Some of out best economic days were under taxes they were sometimes at levels of 70% combined income, earned and unearned, on wealthy people who had mostly unearned income. Labor unions thrived, jobs were good paying with good benefits.]

The top 2% are not paying their fair share in taxes but receive the bulk of their subsidies for NOT producing jobs and NOT growing food.

One of the greatest drags on our economy is the extremely high cost of housing and rents. Foreign owned housing developments and rental developments are under the radar but slowly coming to light because of the money laundering being exposed by the Russia investigation. China, Japan, Russia, the Dutch and Saudi Arabia and Korea are hugely invested into our housing and rental markets and they are slowly bleeding us into oblivion. The especially high rental costs to small businesses has dealt a crippling blow to the creation of jobs for mom and pop stores and strip malls that fuel many communities. [It's not so much the immigration of people here, but the immigration of money, legitimate and illegitimate.]

The much peddled lie about our corporate taxes being too high causes businesses to flee must be exposed. In fact, the loopholes, write offs, and subsidies lead to almost and, in some cases, actual zero effective taxes for big businesses.

If we want a widespread booming economy again...that is one were all levels are prospering...some of the automation and technologies must be rolled back to provide good jobs for those who are becoming more and more marginalized. SCREAM!!! It's this simple: People, including immigrants, work and buy things. Robots do not!

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Reply The solution to our economic situation is simple but no one will do it. (Original post)
nikibatts Mar 2017 OP
DetlefK Mar 2017 #1
Volaris Mar 2017 #2
nikibatts Mar 2017 #3

Response to nikibatts (Original post)

Thu Mar 30, 2017, 07:49 AM

1. Also: Adding more robots in the economy will not create new kinds of jobs.

Reason 1:
A robot is not a tool. A robot is a slave-worker. Any mindless task done by a human can be done by a robot.



Reason 2:
The amount of stuff you can sell to customers is limited. Even if each customer has infinite money, each customer still only has limited space to put the goods he bought and limited time to enjoy the services he bought.
You can sell only so many cars and pants and smartphones and pencils to a customer.
You can only sell so many insurances and Netflix-accounts and Apps to a customer.
A customer will only need so many visits by a doctor or plumber.

There is an upper cap to the possible number of jobs because there is an upper cap to how much can be consumed.

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Response to nikibatts (Original post)

Thu Mar 30, 2017, 09:53 AM

2. I've had a thought in my head for a while that says

The Treasury should open a Citizen Funded Credit Union, and then start making simple-interest home loans to qualified buyers. That house that's on the market for 100k is going to cost Joe Average a quarter of a million dollars before it's 'owned'.

And that's just stupid if we want an economy largely driven by how much disposable income Joe Average has left at the end of the month.

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Response to Volaris (Reply #2)

Thu Mar 30, 2017, 06:26 PM

3. +1000

 

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