Wednesday, August 22, 2012

Instant Economic Injections


Instant Economic Injections

Ways to Instantly Improve the U.S. Economy
  Instant stimulus sounds like a pipe dream but there are ways to infuse the American people with quick cash and turn the economy around. Republicans point to President Obama’s stimulus plan with disdain claiming it a failure. Economist agreed saying instead of going on spending sprees the middle class paid their bills. How dare we be responsible. Remember we’re the ones that caused the housing downfall by actually thinking we could have the American dream of home ownership. Rubber stamp foreclosures, collusion by Goldman Sachs, and the refusal of banks to renegotiate balloon payments had nothing to do with it.
  During the depression a moratorium was put in place to stop foreclosures. It had a stop gap affect we still profit from today. However at the height of home repossessions not only did politicians fail to stand up to the banks they actually called for a bail out by the very public who were being evicted. I guess the idea was ‘get out and don’t forget my handout as the door hits you from behind.’
  Now that we’re in this situation partisan politics is so rampant it may take many more years to repair rather than need be. All so certain elected officials can make political gain at the suffering of their constituents.
  I suggest some radical actions to repair a radically broken economic system. First open trade with Cuba. Keeping sanctions on a tiny nation that poses little threat in their current condition hurts us just as much as it hurts them. Qualify this trade by specifically stating all trade items must enter the states through Louisiana ports, therefore helping one of our most devastated states back on its feet. We stand to make millions while they improve their standard of living and possibly see us as an ally.
  Second make marijuana legal in the poorest state in the nation; Arkansas. (and ONLY in Arkansas!) This state has suffered in poverty for years and the result is a meth amphetamine culture deeply enrooted in the hopelessness of its people. By making marijuana legal both for its medicinal and industrial uses you’d infuse the area with jobs and probably replace a hard drug that’s illegal and leads to schizophrenia with one no more dangerous than alcohol that leads to eating snacks and inactivity. Tell me it’s not the lesser of two evils. This would also help eliminate the criminal element thriving in the state and save millions in drug enforcement expenses.
  Third, and most effective take every lottery worth one hundred and twelve million dollars or more and award it in increments of $10,000. That’s twelve thousand winners in each state every week. More when you consider the Super power-ball styled games. Make these checks marked for use within thirty days to induce immediate spending.
  In the past super winners buy cars, houses and much more but their wealth isn’t spread throughout the entire community. The trickle down theory doesn’t work well with a single winner. Multiple winners in multiple cities would correct that.
  I realize these are radical moves but examine the lives people are leading now and ask yourself how many years will they continue to suffer? How long did the great depression last? Can we expect the economic turnaround within the next decade or in three or four? What’s the worst that could happen? We’d be forced to repeal several laws if they failed. We’ve done it hundreds of times before in our history with little or no lasting affect.       

No comments:

Post a Comment