I would start by repealing the current healthcare legislation and then introduce legistlation to modify and improve on the medicare system looking for ways to simplify and at the same time not grow government. I would ask Congress for legislation to have insurance companies conform in certain areas dealing with age and pre-existing conditions. I would ask Congress to pass legislation to support some meaningful tort reform to the medical industry in order to lower insurance costs and retain talent in the business. I would extend tax rates out beyond the five year horizon so that small business could plan for expansion and growth. I would get control of the EPA and get them out of places they don't belong. I would begin a general effort to shrink government in terms of both physical size and spending. Lastly, I would begin an all out effort to seal the southern border of the USA and institute a designed profiling security check in all airports and other areas. That should be a good start on getting government out of people's lives and getting the confidence back into the private sector. WB
I would make major cuts in spending first. There are too many pet projects attached to every bill that have nothing to do with that particular bill. That action seems to be to be more about getting re-elected in their district than it does to help us fix the deficit. I also think there should not be a pension for serving one or two terms in congress, nor lifetime health care. I think government employees should have to pay into Social Security just like the rest of us. I am no economist, so I am sure there are many more worthwhile suggestions that others could add to this question.
Focus on balancing the budget. Im from the UK, but I guess this question is for the US.
The banks need sorting immediately to prevent them blowing it all for us again. The real estate market and mortgage policies need to be revised to stop people buying homes without a deposit and sustainable income. If you cant afford to buy a house...rent!
Spending review is also high on my list, cut wherever possible. Be savage as it helps in the long run. This includes military spending as the world police thing isnt working for you financially.
instead of typing in an answer i think i'd be better off writing a hub about it. thanks for the idea.
Everyone has some pretty interesting answers, and thank you. I will love to read your hub about it nightwork4, keep us posted.
I would start by declaring that every land America "liberated" is now our property. We strip mine it, suck out the oil, take any other resource we want, then dump it for the extremists to kill one another over. I would see about increasing the rights of the average worker, throw aside this idiotic nationwide insurance plan in favor of actual healthcare, flogging major insurance company owners in the process, then transplant our bunch of idiots for Canada's bunch of idiots, because at least their economy isn't in the tank, so they must be doing something right. What's more, I would make it illegal for anyone who actually wants to run for office to run for office. The last people we need making decisions are the greasy slimeballs willing to jump all those hurdles in their hunger for power. We pick leaders the way we pick people for jury duty, so we'd damn well better have one of the best educational systems in the planet in place by the end of the decade or we'll all be paying for it.
by Paul 6 years ago
If you could fix just one thing that is wrong with our economy, what would it be?And your solution to fix the problem would become a new law.
by Moderndayslave 7 years ago
With the income gap between the wealthiest American's and the soon to be decimated middle or working class ever increasing. How much more proof do you need that tax cuts for the wealthy isn't creating jobs or supplying wages that are holding their own against inflation....
by Ross Harrison 7 years ago
What are your ideas for the best way out of this economic mess?Sometimes I think the people in government are no more qualified to handle the economy than the average layman. Lets see what solutions you can come up with. Together we can make a difference!
by Harvey Stelman 8 years ago
Our Politicians think they can. Tell me if you or the government can; and how?
by John 5 years ago
How do you think cutting the federal spending will help the economy?
by seanorjohn 8 years ago
Do you think a conservative government would lead us back into a recession?
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