how would you have solved the current economic crisis?

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uclaLabrat

Diamond Member
Aug 2, 2007
5,632
3,046
136
Get rid of all the welfare and free handouts and all that shit.

The main problem is the strong entitlement attitude the average American has. We need to end that shit.
Its the catalyst for all the other problems. People need to learn that in order for an economy to work, somebody has to go to a fucking job and actually make something of value. You cant keep "redistributing" the wealth. Human beings are consumers. You need to make something before it can be consumed. And you need to keep making new things to expand the economy.
You somehow think throwing the poor out on the street would solve all our problems? I'm glad you don't make policy.

Our biggest problem right now is jobs and the housing market. We need to find a way to get people out from under all these underwater mortgages, and get people employed. That would go a long way to fixing our situation.
 

Tom

Lifer
Oct 9, 1999
13,293
1
76
1. ban rap music.
2. require all corporate employees live within 7 miles of their manufacturing facilities, wherever they are around the globe. No more ceo living in Manhattan with a factory in Vietnam.
3. all corporations that don't do anything but move money around, finance, insurance, etc; required to be non-profit with volunteer employees only.
 

Cogman

Lifer
Sep 19, 2000
10,286
147
106
You somehow think throwing the poor out on the street would solve all our problems? I'm glad you don't make policy.

Our biggest problem right now is jobs and the housing market. We need to find a way to get people out from under all these underwater mortgages, and get people employed. That would go a long way to fixing our situation.

The only way the government can create jobs is by providing some sort of incentive for companies to hire new employees and just being stable. The current administration's stance towards the private sector is quite destructive towards getting new jobs. (They very openly blame big business for everything and talk about more ways to regulate and control them). Companies are smart, they aren't going to hire someone if the next day they can't afford to keep them employed.

I honestly think the best thing the government could do right now is to stop trying to fix things in the market, and hold policies as steady as possible. The more stable we appear, the better we will be when it comes to jobs.
 

Cogman

Lifer
Sep 19, 2000
10,286
147
106
2. require all corporate employees live within 7 miles of their manufacturing facilities, wherever they are around the globe. No more ceo living in Manhattan with a factory in Vietnam.
3. all corporations that don't do anything but move money around, finance, insurance, etc; required to be non-profit with volunteer employees only.

Seriously, how will this fix our economy? How on earth would destroying some of the largest employers out there be a good thing?
 

cutforscience

Banned
Jun 10, 2011
291
0
0
we need wealth redistribution and pay people to sterilize themselves. a sterilization program would create lots of jobs in the short-term and reduce joblessness in the long run.
 

Craig234

Lifer
May 1, 2006
38,548
350
126
A few things:

- Add a constitutional amendment that corporations are not persons in terms of constitutional rights, to clean up our corrupted elections.

- Fix regulation of Wall Street to require it to do things that are not terribly harmful to society - put people like Elizabeth Warren on a committee.

- End 'too big to fail', increasing competition and preventing the people of the US from facing financial blackmail to bail out gambling threatening the economy.

- Do the stimulus economists say is required to restart the economy, then in 2 or 3 years shift towards debt reduction.

- Reduce the concentration of wealth that has shot the US to record levels for its own history and among all advanced nations that drags the economy down.

- Examine how to adjust the incentives for corporations to be more long-term, instead of all about the current quarter profit.

- Remove the bad parts of 'free trade' agreements ASAP, and examine how tariffs can be used for good policy against cheap labor nations.

- Examine how to sensibly address immigrant labor. For one thing, look at policies like the ones that led to our undercutting and destroying Mexico's corn market.

- Add Universal Medicare to remove the costs of medical insurance from businesses.

Save234
 

Doppel

Lifer
Feb 5, 2011
13,306
3
0
Not necessarily in response to the crisis but in general now I'd raise taxes across the board with a very heavy emphasis on raising on the rich. Also would cut government spending partially defense. Would raise social security retirement age by 8 years minimum, phased in over a couple of decades or three. Have it strictly and stringently means based, among other things.

There are in fact very many ways we could see a balanced budget, but all would take a lot of pain from a lot of people. We won't agree, so instead will just continue down a path of stupidity until defaulting becomes a real possibility or happens.
 

wuliheron

Diamond Member
Feb 8, 2011
3,536
0
0
-meet with the EU to agree on a universal tax rate for the rich
-nationalize the banks by buying the banks at half the price and then privatize them when the shares double
-cut defense spending by 75%
-leave Iraq and Afghanistan
-boost R&D spending by 500%
-reduce public education spending by 50%
-deport all illegals
-subsidize science and engineering students
-make prisoners work in gold mines or farm gold on world of warcraft until they all die
-put people who got fired during the crisis back to work and completely pay for their salary
-do away with all export regulations against China
-let China invest in the U.S.

man, i would have made the greatest president ever. i would probably have been shot by the Bilderberg's drones though

Too complicated. Eat the rich and get it over with. Off with their heads, grind em up for fertilizer, and redistribute the wealth to anyone with the slightest clue how to create jobs.
 

Zebo

Elite Member
Jul 29, 2001
39,398
19
81
Prosecutions and long term prison for fraudsters.

Just enforce laws we have.

Problem is the prosecutors are hoping to cash in once done with government "service" and politicians depend on them for money.
 

sao123

Lifer
May 27, 2002
12,656
206
106
tax capital gains the same as income.
executive pay salary cap = 10x the salary of the lowest worker in the company eliminate private investment (retirement funds) in energy/housing commodity markets.
 

Sunbird

Golden Member
Jul 20, 2001
1,024
2
81
I would have let the markets (banks, housing, AIG, GM) correct themselves (no bailouts) and get it over with... by now the recovery would have been well under way...

Its Bush's fault in regards to the bailouts. You (Americans who voted for him) should never have reelected him the second term, then you would not have Obama now because John Kerry would probably still be in office.
 
Feb 16, 2005
14,080
5,453
136
Brought back the tax rates in the 1960's. What's the worst that could happen? Companies move production overseas or into Mexico? Oh, shit, well that's already happened.
I'd lose a shitload of contributors and constituents, but hard times call for sacrifices from all, not just the middle and lower class.

Oh, and punish the fuck out of companies who are hiring illegals.
 

Fear No Evil

Diamond Member
Nov 14, 2008
5,922
0
0
Brought back the tax rates in the 1960's. What's the worst that could happen? Companies move production overseas or into Mexico? Oh, shit, well that's already happened.
I'd lose a shitload of contributors and constituents, but hard times call for sacrifices from all, not just the middle and lower class.

Oh, and punish the fuck out of companies who are hiring illegals.

Don't forget to punish police departments who don't crack down on illegals, and schools who teach them, and city/state officials who don't enforce the laws. Why focus on business alone? Oh, because its simply about the $$$ and not actually fixing the problem.