Comments on: Light at the end of the tunnel http://blogs.reuters.com/great-debate/2008/11/28/light-at-the-end-of-the-tunnel/ Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Adube http://blogs.reuters.com/great-debate/2008/11/28/light-at-the-end-of-the-tunnel/#comment-2575 Fri, 05 Dec 2008 12:00:36 +0000 http://blogs.reuters.com/great-debate/?p=754#comment-2575 The gov’t and its branches can work all the manipulations it wants. Until the consumer is replaced as the economic engine, the only thing that will get the economy growing again will be JOBS JOBS JOBS JOBS JOBS JOBS JOBS.

Will blind men ever see?

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By: Anubis http://blogs.reuters.com/great-debate/2008/11/28/light-at-the-end-of-the-tunnel/#comment-2165 Mon, 01 Dec 2008 00:22:45 +0000 http://blogs.reuters.com/great-debate/?p=754#comment-2165 A big stimulus package has to be centered around, conservation, sustainable green energy development and green products. While increasing the debt is inflationary, the end result brings the nation closer to energy independence. This scenario would greatly enhance our trade imbalance halting a significant contributing factor to inflation thus making inflation more manageable in the long term.

We would also be wise to consider at some point whether or not to rebuild industries that provide the basic needs of consumers. Shoes, clothing, housewares, construction supplies and the like. This would also provide much needed employment. It also goes without saying, removing the burden of providing healthcare from employers would strengthen U.S. companies position abroad and at home. This would also enhance greatly small business growth and creation.

While such a shift in the workforce would be gradual, the long term benefits would be a more stable economy. We would be better able to withstand global economic or political turmoil that bring shortages. We would also reduce our cost of living generating a real increase in income while at the same time generating tax revenue for government.

While this may sound to some like socialism, to do anything less will amount to spending a lot of money for a short term fix. The old saying “No pain, No gain” applies. Otherwise our children and grandchildren will shoulder the burden, if there is any kind of world left.

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