America is a great nation. However, the unemployment situation is awry and it is not going change anytime soon as more and more jobs are being outsourced to oversea businesses. Our educational system is nothing to broadcast about, our children often do not have prerequisite skills to perform a simple job. There is a growing chasm between the rich and poor with an ever decreasing middle class. Name some suggestions to improve this situation!
America is presently a great idea. However, it's falling apart.
Foreign investments are going to come, but most of it will be small business providing the Economic structure is changed.
An Economy that isn't operating based on equality is skewed for one-side than it is for the others. In this case, it's Big Business vs Small Business, or Mom and Pop type businesses.
The problem is our educational system is churning out robots and not creative thinkers. It's producing people who have accepted the norm of working a job. The job mentality is bad unless you love what you do.
The average person wants to provide for themselves and their family(if they have one), put food on the table every night, have money to hopefully put their kids through college(if they have kids), make sure everyone has clothes on their backs and a place to sleep from the elements. Yes, most want a few luxuries, but some over indulge and when that happens, it puts a strain on the entire economic structure.
Of course the middle class is becoming smaller. Over taxation and top of double taxation is enough to pound anyone into the payment if their income isn't high six figures or higher.
Yes, pass one simple Law- Corporations are not allowed to pass along Federal or State taxes it is supposed to pay to the consumer. Second, appeal the Law which grants Corporations rights as individual person.
Cut back on the military industrial complex, move spending into reforming social security, medicaid, medicare and the educational system. Increase grant money and cut out the red tape, for honest small business expansion. Better regulation on price gouging. Better supervision over Wall Street and market manipulation from the upper 1% of the world's wealthiest.
It's understood that the upper echelon of the world's wealthiest have the power to move markets, just by shifting money from company to company, thus effecting the pricing structure of the world's products/goods and services. These people control ALL banks on the planet. The Federal Reserve Bank is not nor has it ever been owned or operated by America's government. It's an independent Central banking source made up of a Community of World Banks(the most powerful).
America doesn't make a surplus because it's too busy creating a deficit it apparently cannot handle. The more money printed by the Federal Reserve Bank is more weight add to America's economy, and it isn't a trickle down effect. It's massive, because the Federal Reserve Bank doesn't actually answer to anyone in particular.
There's a lot wrong in America. And government is only contributing to more wrong being done. How is it that people are unwilling to do what is truly needed to make the real change that is actually required.
Corporations have to pass expense increases on to their customers. Otherwise they would go bankrupt. You cannot have the government dictating prices.
I didn't say government had to dictate the prices. I simply said that government should implement a law which doesn't allow a Corporation to force the consumer to pay the taxation it is supposed to pay.
Yes price does have something do with taxation, but the accounting practice is what should be changed. If the company has to increase the price because of taxation, then through accounting taxation should be paid via the company, not the consumer. It can pay it's own damn taxes.
If it increases the costs of R&D, then so be it. It would give a damn good reason to give them tax breaks then. Because doing so is completely ridiculous because they don't pay taxes. The consumer does.
Yes, bankrupt. Every single one of them.
Companies have two different items they have to look at. Revenues and expenses. If they don't make up for expenses in their revenues, they will go bankrupt. Every. Single. Time.
Every successful business factors in its expenses in its pricing. Including taxes. It's not as big of an item, but they account for it.
That's price fixing, an artificial price ceiling. Never mind the fact that it would be impossible to enforce.
Yeah, the consumer pays for the taxes, the rent, the electricity, the salaries, the R&D, the product/service. That's the whole system. Every cost is passed onto consumers.
I honestly am not sure exactly what you mean by having the company pay the taxes and not the consumer. The consumer purchases products or services, and the company uses that money to pay its expenses, including taxes. Corporations do pay their own taxes.
The truth is the are no small fixes, it involves a total rewrite of our economic system and governmental system, they can be fixed relatively quickly but only by taking big steps. I don't expect anyone to agree with them.
#1) Unemployment: There is enough demand for services, natural resources and investment capital in the USA to give everyone who wants a job a decent one. The reason it does not happen is because the capital holders don't want to risk creating jobs that would almost certainly be profitable when they can simply put that money to earn massive interest in foreign accounts with zero risk. The tough answer then is to make the public the capital holder, the public would then have the investment capital to create profitable jobs for everyone and eliminate unemployment entirely. Aside from that tough restrictions on outsourcing would help but also does damage.
#2 Education: Simple we need to make education something worth while for more kids, we spend more than other countries per child but have comparatively low results. I think the main reason for this is simply that for many many kids finishing school and doing well is largely pointless because they know they won't be able to afford college unless hey get astounding grades for scholarships, those who can't simply drop out or stop caring so much, a universal amongst countries with excellent scores is publicly funded education for university/college, in New Zealand where I am currently the University/college is free (paid back over time after one begins to earn more than 50 000 and automatically taken off the top) but living expenses when one is in university are covered publicly so that students can concentrate on studying, as long as their grades are good their living expenses are covered for their first degree, economic studies of this policy since it has been running have showed an improvement in school grades, a massive increase in university entrance and have been calculated to be economically very profitable.
#3) The wealth gap is easily corrected by the first measure mentioned, nationalization of industry and the legislation of a maximum wage.
Hi there, Josak.
May I interrupt your discussion with a question? What kind of a foreign account earns massive interest with zero risk to capital holders? It seems your whole solution for unemployment is based on a false premise.
Thanks for clearing this up for me.
Well I have a zero risk term deposit account earning 9.5% yearly on a relatively large sum in NZ, I am sure you can do much better with larger sums, banks want large sums to invest with on long term.
I also forgot to mention that a lot of that money is invested in non job producing places (like housing) which separately harm people (we have millions of empty owned homes and millions of homeless) or simply kept in liquidity, to give an example: I am a former coal miner and I have friends in the industry, not far from where I live there is a perfectly good mine site which no one is working, it's a moderate profit site but needs some starting capital but because the returns would be slightly less than what a non jobs investment is worth no one does it and as a consequence we miss out on more than a hundred jobs, the same thing happens all around the country.
Where do you have a zero risk deposit account that earns nearly 10%?
Five year term deposit in an NZ bank, it's not even very good comparatively anymore.
Have you ever heard of a Ponzi Scheme? Hello? Someone will lose their money before it is all over. Besides, it seems odd that a die hard communist is so wrapped up in capitalism. What's up with that?
It's a major bank, they want to money so they can make money with it it's a pretty simple thing not a Ponzi scheme. Also I am not a communist and yeah I own a business etc. when in Rome and all that, I play the game because I have no choice but to participate in capitalism in some way and I try to do it as morally as possible. I would rather not but that's how it goes if I want to be near my family.
Excuse me. You told me you were a communist freedom fighter, and (as a man) I respected you for the courage of your convictions. Major bank? Good luck with that.
So, in other words, you sold out? Communism just doesn't work.
No you need to learn the difference between communism and socialism, I am and was a socialist.
As for selling out... well I had a quote to put but I will summarize, you can't be a socialist in a capitalist society, it doesn't work, so I get by in a capitalist system because I have no choice. None of which has anything to do with whether socialism works.
I sure know the difference. The organization you were aligned with was straight up Marxist, my good brother. There is no denying it.
Socialism and Wall Street Capitalism . . . neither work.
"Live free or die." I don't need any of it to live a good life with my family.
Well there is another error, thinking that communism and Marxism are the same, you know that in Marxist theory there is not even a government or state or even leaders?
Well I think it does work having lived in it but it's just my opinion.
"Live free or die" totally agree with that...
What? Where did you go to school? It must have been Double Talk University.
It worked for you at the expense of someone else.
No it worked through people working together that's all.
There you go. Throw out all of the macro-political theory (Groucho Marx was the greater mind) and simply work together. I am up for that.
Syndicalist socialism is a method for doing exactly that.
do you actually know what I mean or what I am talking about?
The only thing I could find at those rates is investments in finance companies, which includes risk.
What sum deposit are you looking at though? I worked it out with the bank because it's a relatively large sum it's with ASB and actually it's 8 years looking at it, there are 5 years left (my bad). None of this is really the point I am sure you can do much better in certain places. (can we please stop discussing my finances ?)
I was looking at all investment types in NZ. Banks seem to offer a maximum of 5.5% currently. ABS lists 5.1% as their highest rate.
I'm just wondering where you found such a high return with no risk. I've worked hard in the past to find 8% returns, to do better than that with no risk would be wonderful.
He's getting ripped off. No return yet. When the day comes, the bankers will be in the Bahamas.
If that is your interest then simply go talk to the bank, if you have a relative sum and they are interested they will set up a plan for you pretty simply with good rates. Again what sort of sum are you looking at, I just googled it myself and they seem to be for 10 000 minimum.
Yeah, right. Work for the government and it will be peachy keen.
The biggest inprovement America can make is to revamp the political system we now have. The "money elects the candidate" system we now operate under is doing a diservive to the country. Instead of problems and issues being the "real" issue, special interest machines take over and cloud the issues and problems with propaganda.
As long as the politicians can keep us polarized and fighting among ourselves the status quo continues.
Simple answer - remove the whole government SYSTEM and replace it with a real government that stands between the people and the corporations who are the new robber barons. A real government that stands for actual freedom of speech, actual humanitarianism, abandons making money for a few of its barons by sending its miltary all over the world to cause trouble. The kind of govenment that does not need a small army to protect it from its own people.
Our education system is one of the best and most well rounded in the world. Hello? People flock here from all over to take advantage of it.
Quit spreading propaganda and get to work. The jobs we lost overseas are not worth having. Here in Central Florida, we are making our own jobs. Washington DC isn't there to create jobs. We want to keep them out of it as much as possible.
Our education system gets some of the worst results in the developed world it is currently ranked 22nd.
At the moment all jobs are worth having but I was not really talking much about outsourcing, the problem is capital is not being used to create jobs.
As for the Soviet I don;t support that system or even a very similar one but their unemployment did fall rapidly.
by Kathryn L Hill4 years ago
by Kathryn L Hill23 months ago
FYIQ. Why does this title look so scary? A. The word socialism is very scary to the average US citizen who values his democratic republic.Q. Who pays taxes? A. We The People do.Q. Who is taxed the most? A. The...
by Wesman Todd Shaw5 years ago
It's all so simple, really, and a wicked man stated long, long ago that it never mattered who a king was - so long as he controlled the currency - he was lord and master.http://auditthefedphonebomb.com/bailout …...
by Mikel G Roberts5 years ago
I believe Capital Gains should be the most heavily taxed form of income there is. As much as 90% should go to support the social system that makes the capital gains possible.Being given money simply because one has...
by Castlepaloma15 months ago
Centro banks are on top of the pyramids worldwide Corperationism. Rothschild's may own half of the World's wealth. Greed is the greatest cause of untouchable intractable genocide and theif in all of human history. Take...
by backporchstories5 years ago
With the record sweeping heat spreading thoughout the US and drying the land at a fast pace, do you feel confident in your water supply? Some cities are on the verge of rationing water consumption, that have never...
Copyright © 2017 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.
HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.