What is the simplest way to explain our economic situation to the average voter?

Jump to Last Post 1-10 of 10 discussions (16 posts)
  1. Xenonlit profile image61
    Xenonlitposted 6 years ago

    What is the simplest way to explain our economic situation to the average voter?

    In college, Economics is a field that many of us avoided like the plague. How do we explain the economic crises around the world and  in the U.S. to an average American with a high school education level? No political statements, please.

  2. profile image0
    JThomp42posted 6 years ago

    In laymen's terms, The way I would describe it is the worst since the "Great Depression".

  3. Credence2 profile image79
    Credence2posted 6 years ago

    Unfortunately, the average voter is fickle and has a short memory. The analogy of the "Great Depression" may not resonate as it occured outside the lifespan of most of us. The current administration has failed to plain speak the situation as tohow we got here and the magnitude of what is necessary to see the light of day to the solution.. It can be very complicated and not lend itself to a simple explanation, but there are some poeple with a gift for 'plain speaking', Clinton and Biden, popular and trusted, understand what has happened and can translate into plain english for main street.

    1. profile image0
      JThomp42posted 6 years agoin reply to this

      You mean BS'rs? LOL

    2. Attikos profile image75
      Attikosposted 6 years agoin reply to this

      I thought Biden was this road show's comic relief man, and now I find out he's actually popular and trusted.  The things you learn on Hub Pages!

    3. Xenonlit profile image61
      Xenonlitposted 6 years agoin reply to this

      I agree that President Obama has been terrible at breaking this down for the average person who, in America, has an IQ of 91.  We do need some plain speakers, but economists are not those people!

  4. jonnycomelately profile image83
    jonnycomelatelyposted 6 years ago

    It's stuffed? Exploited for personal gain?

    On the one hand it's managed by people who don't know what they are doing, who are motivated by ideology?

    On the other hand it's exploited by greedy people who can see the weak spots and seek to gain more than their fair share?

  5. Attikos profile image75
    Attikosposted 6 years ago

    You break your back to make a dollar.

    A sanctimonious social activist comes along backed by big men with subpoenas, warrants and guns, telling you you're not giving him his fair share of your dollar. The men take two-thirds of your dollar, keep three quarters of that for themselves, pass the rest along to the activist, and they're all happy. They go away until you have another they can take.

    You no longer have a dollar. You have a stunned look on your face and a growing feeling of anger at having been robbed by people you thought worked for you. Your willingness to break your back to make another dollar is replaced by thoughts of hope and change: hope you can keep your family housed and fed for another year, change to a state that has been taken over by pirates.

    That's our economic situation today. I hope it's not too political for you, Xenonlit, but I don't know how to change it if you want a straight answer to your question.

    1. Xenonlit profile image61
      Xenonlitposted 6 years agoin reply to this

      Then the right wing racist extremists come along to loot the nation's treasury, put it in their pockets and call veterans and retirees "welfare" people. Yeah, right. Your answer is too political and smacks of Koch Brothers marching orders.

    2. Attikos profile image75
      Attikosposted 6 years agoin reply to this

      My goodness. I'd call that a revealing comment.

  6. junkseller profile image83
    junksellerposted 6 years ago

    Unfortunately, it probably isn't possible. International macroeconomics is an extraordinarily complex topic. The number of people who truly understand it is probably about the same number of people who truly understand quantum mechanics. It is this complexity itself which is the problem. It would be kind of like putting hydrogen reactors in cars. Ya, they might be sweet and efficient, but that would create a complexity far beyond a home mechanic.

    As an example, if you ask the average person on the street to describe what the Federal Reserve does or what fiat money is, you will probably get a lot of blank stares, and these are still relatively simple issues. Try finding people who can intelligently describe what Credit Default Swaps (CDOs) are or how the interbank lending market works.

    Anytime there is an important system which has a large influence in our lives it is important that you either understand the system or trust those who run it. Medicine, I think, is a system which qualifies as such. Many of us aren't qualified to understand the medicine, which is why trusting our physicians is so critical.

    So the simple way to explain the economy is to say it is like being in jet which is going down. The average person has nowhere near the understanding necessary to do anything about it, and can only trust the pilots who are flying it. We keep voting for pilots that walk on to the plane with a parachute strapped on their backs and a bottle of scotch in hand.

  7. whonunuwho profile image74
    whonunuwhoposted 6 years ago

    The average voter does not need advice in choosing a best candidate all they have to do is look at the record of the present president and decide if we need a change. The economy may reflect several past president's tenure in office and a voter has to decide whether to go across party lines and vote for the best in this country's interest for the long run.

    1. Xenonlit profile image61
      Xenonlitposted 6 years agoin reply to this

      That tactic is so not working, who. I am looking for an answer that answers the question, not an answer that pushes the Koch Brother's and the NRA's  fake grassroots agenda.

  8. pagesvoice profile image85
    pagesvoiceposted 6 years ago

    I would say the best way to describe our economic situation is simple. Bush and Cheney put us into a war under false pretenses. Tax breaks for the rich do not work. If they did, then where are the jobs? Filibusters and a do nothing and stop Obama at every turn Congress and Senate, i.e., McConnell and Cantor have just about brought ruination to this country. Our economy is a mess for many reasons, but the Tea Party and right wing zealots are not the answer. If these jokesters in D.C. really care about the rest of us, then maybe they should give up their health care before they attack ours. In the words of Steve Urkel..."Oops, did I say that Laura?"

  9. ginosblog profile image69
    ginosblogposted 6 years ago

    You don't spend someones money without their approval, you don't spend more than you take in and thirdly you do what you said you would do when elected to office. You don't 'pass bills to see what is in them:!

  10. Holisticity profile image60
    Holisticityposted 6 years ago

    Don't borrow more than you can afford to repay

 
working

This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

Show Details
Necessary
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Features
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Marketing
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Statistics
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)