Some answers to our Economic problems

USAir757

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Jul 31, 2004
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Our country is in an economic struggle to sustain itself versus a global economy, and the effects of outsourcing, offshoring, and illegal workers are wreaking havoc on our system. A dollar no spends the way it used to. I've heard many here say that while their cost of living has gone up, their paychecks have not matched, or have in some cases, actually gone down. This leads to less ancillary spending, further strenthening the market spiral, and more people are either forced out of their jobs, or to take pay cuts. Meanwhile, fuel consumption has gone out of control with the SUV movement, bringing oil & gas prices to record levels, while increasing pollution and congestion.

I think most of us here are aware of the seriousness of our situation, and the consequences of inaction. This isn't a problem that we can rid ourselves of by electing a new president or congress, or by sitting here debating on this (or any) forum. What we can do, however, is mitigate our own circumstances. I have a few economic and environmental ideas to help put ourselves back into the drivers seat. Here is what I suggest:

1) Walmart has to go!One of the most important things to economic recovery is to support American-made products. This means we must immediately boycott Walmart and similar outlets. Almost all of their products are imported, and they are destroying the economy. Furthermore, they are continuously proven to be socially irresponsible, and they further the disconnect between the American worker and his own liberty. Learn More Check your products, and seek to purchase those that are made in the U.S.A., offered by companies that manufacture and operate stateside. You will almost undoubtedly pay more for these American products, because you are paying for higher wages, better working conditions, health insurance, workmans comp, etc., but you will be keeping your dollars here at home.
2) Purchase locally-grown food. When you do your grocery shopping, are you buying your chicken from Tyson? Tyson employs illegal immigrants Ok, so your local farmers may be employing the help of illegals as well, but by purchasing their products you are (1) supporting your local economy, (2) bypassing large corporations who hire multi-million dollar law firms to defend them when they are "accused" of hiring illegals, then continue to do it because our government is inept, and (3) putting better food in your body. Again, you will pay more, but you won't be supporting the downward spiral.
3) Drive less. Yes, get rid of your SUV if you can, and for goodness sake, don't buy a new one. But the key is to drive less. Walk more. Ride your bike. I realize not everyone can do it depending on where you live, but every little bit helps. I know a guy who is perfectly healthy, yet everyday he gets in his car and drives a half-mile to work. It contributes to pollution, needlessly uses resources, and is just plain lazy. Let's get out of our cars as much as possible. Buy a scooter, if that suits you. Turn off the light. Conserve. Turn your heat down in the winter, and PUT ON A SWEATSHIRT! The other day I watched a lady wait 10 minutes with her car running while another driver was vacating a parking spot. There were plenty of spots further out. In the span of that time, I could have walked from my spot to the store and back at least five times (finally, she got out and walked briskly into the entrance). When did we become so lazy and complacent???
4) Vote. For goodness sake, vote. It's our right as Americans, many people died to protect it. Now it's your civic duty to learn about the candidates and referendums, establish an opinion, then get out and vote. Apathy is a cancer.
5) Buy a Sigg! "This year, Americans will drink more than 30 billion single-serving bottles of water." What's worse is, only a fraction of them will be recycled. Full Story Even those that are recycled contribute to air pollution. Are you contributing to this problem? The solution is simple and easy: Buy a Sigg. Or buy a similar product (they are available online or at Whole Foods. It is a reusable bottle that you can fill over and over again, AND (as if that wasn't enough), the bottles are non-leaching, which means there's no nasty plastic taste and toxicity that comes with water that's been marinating in a plastic water bottle.

Ok, so I've said my piece. I'd be interested to see other people's ideas to constructively begin protecting and rebuilding our country and planet... economically, socially, environmentally, etc. Let's encourage one another to take action, challenge the status-quo, spend a little more for a product that helps our country and our economy.

It all starts here at home.

Regards,
757
 
All sounds very good to me. Can't disagree with any of it. I'm already practicing the advice given, with the exception of the Sigg. Got to give that a look.

Expect some predictable parochial "Econ 101" responses to your thread from doctrinaire ideologues who treat public ( economic ) policy dogma like a religion to be followed to the end.
 
I was in a discussion on another board about the offshoring of jobs and someone posed the question "Would you be willing to pay $60 for a shirt made in America when you can get one from Walmart for $15?". So I started looking and I found this site...a unionized manufacturer of shirts, jeans etc. The price for a polo shirt? $25. I just ordered one to see what it is like. If I like it, I'll buy more. So I responded to the question with - "No, I wouldn't pay $60, but it's worth $10 extra dollars to keep money in the United States and employ American workers." I'll let you know what I think of the shirt when I get it.
 
Ironic isn't it?

Everything is offshored and there are less good paying jobs for the middle class here in the US. So everybody gets by using their home equities and plastic. Now, there is a credit crunch; a housing glut; a poor job outlook report; &high fuel prices- not to mention a war that's being fought on credit too.

People are working hard to pay off debt and make ends meet by spending only on necessary things and using cash for those purchases which worsens the economy.

I just love the irony.
 
USAir757,

You say you want to "fix" the bad economy ?

Thats EASY.

Get RID of the political party that sanctions "CAPITALISM at ANY COST" !

Get RID of a POTUS, who supports $$$-funding-$$$ a PHONEY War(in IRAQ)

Vote in DEMOCRATS, for the POTUS/US House of Reps./US SENATE.

Like a Severely POLUTED River, over a short period of time the Economy will HEAL Itself !

SEE, The solution is SIMPLE. It's NOT Rocket Science !
 
This is Obama's response to the shaken confidence in the U.S. economy:


Obama proposed six areas to revamp regulations.

The Federal Reserve should have basic supervisory authority over any institution to which it may make credit available as a lender of last resort, Obama said. ``Taxpayers have every right to expect that these institutions are not taking excessive risks,'' he said.

Second, requirements for capital, liquidity and disclosure should be strengthened for all financial institutions, especially for ``complex financial instruments like some of the mortgage securities that led to our current crisis,'' he said.

Third, Obama said the government needs to restructure the overlapping and competing regulatory agencies because today's financial institutions no longer fit within specific categories created decades ago.

Fourth, regulations need to change to apply to what institutions do, not their title, he said. Homeowners weren't protected in part because commercial banks and thrift institutions were subject to guidelines on subprime mortgages that did not apply to mortgage brokers and companies.

Fifth, Obama said the Securities and Exchange Commission should crack down on trading activity that crosses the line to market manipulation. He cited reports that traders made market bets against Bear Stearns before its collapse this month, purposely spreading rumors that the institution was in financial distress. ``The SEC should investigate and punish this kind of market manipulation and report its conclusions to Congress,'' Obama said.

Lastly, Obama called for the creation of a financial market oversight commission to identify unanticipated systemic risks to the financial system. The commission, he said would meet regularly with the president, Congress and regulators and brief them on the state of financial markets and risks.

Bloomberg
 
I was in a discussion on another board about the offshoring of jobs and someone posed the question "Would you be willing to pay $60 for a shirt made in America when you can get one from Walmart for $15?"

Those kind of canards we can expect from the usual suspects. They love to pull #'s out of their asses to try to win a debate. Too often multi-national corporations ( read: US MARKETING COMPANIES ) will use the lower labor cost to fatten the bottom line, charging US-made prices with 3rd-world costs, though even if they did lower the prices, the loss of jobs ( and by extension, spending power ) is a poor trade-off, even when ( always ) it's rationalized by macroeconomic tripe. If they say "so what?" to what they previously denied...that's all the reason we have not to trust them.

We've all heard the doomsday predictions that if illegal immigrants don't pick our lettuce, it would be 5 bucks a head or as per journalisitic shill-speak. Last I read, the labor cost of picking/harvesting of produce was 2.6 percent of the total cost. Prove that to them ( whether it's lettuce, or 200 dollar Nike moonshoes made in sweatshops ) and then they change their tune from "trust me" to "f*ck you", we can't let the genie out of the bottle, not when it's so good for the quarterlies..people are paying it, so it's worth it. Such mandacity. I know I've heard that cretin ( and I used to listen to him ) Limbaugh tap dance like Ginger Rogers when confronte don this...usually countered ith a pathetic strawman argument countering an extreme view counter to his...and then, it's time for a break. Topic gone............
 
The price for a polo shirt? $25. I just ordered one to see what it is like. If I like it, I'll buy more. So I responded to the question with - "No, I wouldn't pay $60, but it's worth $10 extra dollars to keep money in the United States and employ American workers." I'll let you know what I think of the shirt when I get it.

Please let me know, KC! I think it's a VERY fair price for a polo shirt... considering I was looking at one from J.Crew the other day, and they wanted $76. And that's made in TAIWAN! :wacko:

This is Obama's response to the shaken confidence in the U.S. economy:


Obama proposed six areas to revamp regulations.

I like Obama, and revamping regulations is great (because we obviously need it), but more regulation is just about the last thing we need. The more we regulate, the less fair market we have, the more things become government controlled... each step is one step closer to Socialism.

There are more things we can do individually to assist in this economy and our world in general, instead of this inbedded American habit we have of always looking to Government to solve our problems.
 
I like Obama, and revamping regulations is great (because we obviously need it), but more regulation is just about the last thing we need. The more we regulate, the less fair market we have, the more things become government controlled... each step is one step closer to Socialism.
.

Yeah, I agree, in part, with you. Take, for example, SOX regulation. Certain provisions of SOX have done much more damage than it has helped... and it has failed to prevent the very damage that it purported to cure.
 
USAir757,

You say you want to "fix" the bad economy ?

Thats EASY.

Get RID of the political party that sanctions "CAPITALISM at ANY COST" !

Get RID of a POTUS, who supports $$$-funding-$$$ a PHONEY War(in IRAQ)

Vote in DEMOCRATS, for the POTUS/US House of Reps./US SENATE.

Like a Severely POLUTED River, over a short period of time the Economy will HEAL Itself !

SEE, The solution is SIMPLE. It's NOT Rocket Science !



Explain to me again about blind patriots..........
 
USAir757,

You say you want to "fix" the bad economy ?

Thats EASY.

Get RID of the political party that sanctions "CAPITALISM at ANY COST" !

Get RID of a POTUS, who supports $$$-funding-$$$ a PHONEY War(in IRAQ)

Vote in DEMOCRATS, for the POTUS/US House of Reps./US SENATE.

Like a Severely POLUTED River, over a short period of time the Economy will HEAL Itself !

SEE, The solution is SIMPLE. It's NOT Rocket Science !

Bears, there's an inherent danger in thinking that one political party having all the power will solve our problems. Whether the party is Democrat or Republican. Look at Chicago/Cook County for example. The Democrats have been in control there for almost a hundred years. Both are awash in a sea of corruption, inefficiencies and budget deficits.
 
Please let me know, KC! I think it's a VERY fair price for a polo shirt... considering I was looking at one from J.Crew the other day, and they wanted $76. And that's made in TAIWAN! :wacko:

Got my shirt yesterday and I'm wearing it as I write this. Very nice shirt...no stray threads around the pocket, fits and looks great. 100% made in the USA by union workers. I'm ordering more...my name brand (Eddie Bauer) polo's have holes by the pockets (I smoke, so I guess they weren't designed to hold a cigarette pack). They were made in either Thailand or Mauritius. They cost more than the one I bought. Looks like this company has a new customer.
 
Bears, there's an inherent danger in thinking that one political party having all the power will solve our problems. Whether the party is Democrat or Republican. Look at Chicago/Cook County for example. The Democrats have been in control there for almost a hundred years. Both are awash in a sea of corruption, inefficiencies and budget deficits.


Hey now! I resent that comment (kinda). Chicago has its problems (i.e. corruption, inefficiencies, poor schools, crime), just as every other major metropolitan area. But the Dem Machine has also provided Chicago with some of the best years any major business center has seen. Not to mention the mayor being given countless awards for his fine service to this city! (e.g., TIME's Mayor of the year!). The machine has persuaded many companies to move back into the city proper, has established countless green initiatives, has diversified our local economy (not a one-trick pony like other major metros), has won the US Olympic bid, has allowed the establishment of the largest futures and options exchange in the world, established it as an international tourism stop, has established the city as an architectural haven that is always pushing the limits, decreased major crime, etc... etc...

Lastly, the mayor of chicago is only dem by name.

*** I haven't been to the Southside in months. Is it still part of the city? ;)
 
Hey now! I resent that comment (kinda). Chicago has its problems (i.e. corruption, inefficiencies, poor schools, crime), just as every other major metropolitan area. But the Dem Machine has also provided Chicago with some of the best years any major business center has seen. Not to mention the mayor being given countless awards for his fine service to this city! (e.g., TIME's Mayor of the year!). The machine has persuaded many companies to move back into the city proper, has established countless green initiatives, has diversified our local economy (not a one-trick pony like other major metros), has won the US Olympic bid, has allowed the establishment of the largest futures and options exchange in the world, established it as an international tourism stop, has established the city as an architectural haven that is always pushing the limits, decreased major crime, etc... etc...

Lastly, the mayor of chicago is only dem by name.

*** I haven't been to the Southside in months. Is it still part of the city? ;)

What was I said factually inaccurate? Does that make the corruption, innefficencies and budget deficits okay somehow? What was one of the things Cook County did to try and clear the red ink? They raised the sales tax making it the highest in the country. Who do you think that affects the most? Never mind the fact they really did nothing to change the way they do business.

Yes I am aware that Chicago has faired better than other rust belt cities. However that does not change the fact that it still has some serious issues.