posted on Sep, 6 2014 @ 05:33 PM
originally posted by: beezzer
a reply to: glend
Quit Quanitative Easement. Stop the 85 billion going into the market every month. Stop pouring false monies into the Market.
Reduce taxes. Make a flat tax.
Encourage manufacturing in the US.
Stop with the damned penalty taxes for big business.
Quitting QE would be nice, it's not as simple as signing the order though. QE is literally the only thing that has turned our recession (that is
really as bad as the Great Depression) from being a complete and total national bankruptcy that sets the nations finances back 100 years. Without QE
we would slide into being a third world country.
Flat tax - I disagree here entirely. Merit, fairness, and other arguments aside the inherent weakness in a flat tax is that it requires a robust tax
base. When 50% of the population has less assets combined than the top 400 people and 95% of the wealth is in the hands of 1% the tax base is too
small. In order for a flat tax to be effective the wealth gap also has to be tiny so that the effective tax base is broadened. If we want income
inequality as a nation, then as a consequence we also automatically reject the notion of a flat tax.
Encouraging manufacturing in the US is easy. Tell corporations they can't sell their product in US markets unless they provide atleast X American
jobs for every X million they do in sales. That would end outsourcing overnight.