sam sall
Just go shopping
January 29th 2009 16:01
One of the major problems in the recession is that the high rates of unemployment, the ruins of spending ambitions of laid-off workers and hampers the spending of all of those who still have jobs. Now that it is the the time of the new American president, who asking people to think more about serving the community more than their personal consumption.
The idea of limiting materialism is surely a social good, but from the viewpoint of large-scale could help turn the recession into a depression. Strictly from the standpoint of making the economy rolling, the best message to inspire people to feel they can progress in the world, and get rich, and move their money into buying stocks , investments, and so that would makes Factories going, and assist communities tremendously . This is what Ronald Reagan did in 1981 before the start of the 25-year upward bull market. it been said that fear a lone can bring the socks down
This may seem a blasphemy, but policy-makers to try to re-cultivation of the positive elements of the material that makes the yearning of people want to seek more, earn more and consume more . We just do not want them to do so much to become model builders or CDO sales persons and lead the world once again fell off a cliff.
of course, each and every one have a theory. In particular economics.In fact, this must be a strange moments in the lives of all the economists in the world who have studied the Great depression , and believed they know everything about it . Well now it is not this is not the an academic exercise of anymore.
This recession is not going as planned, as most experts believed that the lower interest rates, the significant changes in the Federal collateral rules, and the money pumped into recapitalizing banks via TARP funds, should have already started a beneficial effect. But despite the "Bank Left Behind Act", And yet despite the "No Bank Left Behind Act," which was basically welfare for bank execs, financial institutions are still collapsing, companies are still laying off employees, and the velocity of money has come to a standstill.
As a result, the economic policy makers, are really , sailing far. They are in the experimental mode and they are just trying to do more of what already is not working . Perhaps something in the end put the evil genie back in the bottle, but it is likely to be something that hasn't been dreamt up yet.
The only thing that actually ended great depression , not all of the new programs, but intensive production demands of World War 2. Let's hope that a more peaceful solution emerges this time like if people accept "the other jobs " that require Physical hard work made that made a great start for human being on earth . Also IT IS REALLY ESSENTIAL to bring our jobs back with a livable wage, enough to provide for our families, then we can start buying back into the economy!
And ends the wars and promotion of peace will make investors business owner more comfortable to raise their stakes.enough and starts opening there mouth. Thats what started the gas prices coming down, Americans finally said enough and that's what it will take to change our economy.
At The end we need a peaceful world to live well. and let your money move around at it's ease
| 61 |
| Vote |
Add To: 
subscribe to this blog
