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jobs and the economy Mr. President, jobs and the economy

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ThomThom Donating Member (752 posts) Send PM | Profile | Ignore Mon Oct-10-11 02:40 PM
Original message
jobs and the economy Mr. President, jobs and the economy
The main lesson of economics is that every country, no matter their level, must develop an economy that supports their population. This means that jobs and employment are critical to having a thriving economy. When we let international corporations use the cheapest labor from around the world to make their products we are cutting our own throats when we let them sell them here in this country. An economy can not withstand 10 to 20% unemployment. When people don't spend money and debt rises then the economy gets worse and worse. This is where we are right now. We have let corporations offshore their jobs and profits. This has left our economy hanging by a thread. We have borrowed huge amounts of money to back-up our financial institutions that are selling us out for big profits. Our free trade agreements have destroyed our workforce and short changed our economy. For most of the history of our country, we have had tariffs that equalized the cost of labor from foreign countries. American workers can never compete against counties with dirt cheap labor. Trying to raise them up with trade agreements just leads to more exploitation of them and shoots us down. In the end no one will be able to buy these cheap foreign goods if there are no jobs.
Some say no to protectionism but protectionism is critical to having an economy that works. We have been following a supply side economic strategy for decades and things have only gotten worse. It is time to chart a new course. We find ourselves in overwhelming debt, our credit is almost at its limit and we have nothing to show for the money we have spent and borrowed. Our banking system is said to be on the verge of complete collapse, we are drowning in red ink and still we continue to meddle in three or more military conflicts around the world that are draining what little money we have.

This country needs to take a serious look at what we are doing and reevaluate where we need to be going. Everything is tied together as the protesters around the country are pointing out. Big business has taken over our government, corrupted our elections and sold out the people for short term profits. They are destroying our environment and holding us hostage to their greedy ways. The Wall Street protesters are spreading the word and it is working. Demonstrations are popping up all around the country and I don't think they will stop or go away. Our leaders must heed the call and start fixing what is wrong with this country, the people are speaking and if they don't begin to listen they will be pushed out of the way.

If Pres. Obama can't beat the mediocre candidate the Republicans run against him next year than he does not deserve to be our President. Pres. Obama must reverse his course and begin to rescue our country from the clutches and influences of the corporate world. The lessons are simple and the solutions are even simpler. It is time to take back our country. No more free trade agreements, bring fairness to our tax structure, rebuild our infrastructure and put Americans to work. Justice is all I ask for. Please Mr. President hear our call and act before it is too late, our future depends on it.
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Vincardog Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-10-11 02:55 PM
Response to Original message
1. BO can end this right now. IF he will call on congress to pass a .01% tax on all financial
transactions. The proceeds of which go to pockets of American Citizens equally. Every month you get your share.
Eliminate the cap on Social security. Extend it to every dollar earned.
When the surplus is too great raise the payments and lower the retirement age.
Eliminate capital gains all together and tax all income as regular income.
Remove the age requirement for Medicare. Everyone is covered the Government pays all the bills.
If you want to pay for some private plan you can.
Put tariffs on everything imported into the USA. If the country of origin meets our pay and environmental standards rebate the tariff.
Exempt the first 1 Million of inheritance from all taxes, Tax the next million at 10% Raise the income 10% for every additional million, when you get to 100% quit raising the rate.
Pass a law that corporations are not people, money is not speech and the SCOTUS can not review.
Pass Government financing of all Federal elections.
Outlaw any "secret' counting or tabulation of votes.

Begin to enforce the Sherman Anti-trust act.
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ThomThom Donating Member (752 posts) Send PM | Profile | Ignore Mon Oct-10-11 03:05 PM
Response to Reply #1
2. damn right
I agree with all your specifics
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Vincardog Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-10-11 03:14 PM
Response to Reply #2
3. Then add investigate and where appropriate indict and imprison those responsible for the economic
environmental and war crimes of recent history
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ThomThom Donating Member (752 posts) Send PM | Profile | Ignore Mon Oct-10-11 04:07 PM
Response to Reply #3
4. I support that
justice would be good
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Vincardog Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-10-11 04:20 PM
Response to Reply #4
5. Good you and me and we just need 250 Million more to make it happen
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