CapitalistMarks

How to see the problem?

Posted on 15. Jan, 2009 by scott in economic daydreaming, political munglings

The economy is ‘officially’ in the toilet (well?a toilet anyway).? It is far too late to place blame although there is plenty of fodder for THAT fire!?

So far:??We have had fed (reserve that is) action greater than ever before — ah, the pristine nature of 0% rates, treasury action (oh my gosh is Paulson still at the helm?) in the form of opening up the currency printing presses, FDIC action to secure deposits, Whitehouse action in the form of pointing blame at anyone but the Executive branch, Congressional action such as contentious opposition to any suggestions from?’that’ Whitehouse . . . and yet the ‘wall still comes crumblin’ down.’?

Here is a perfect example of why we need term limits.? All the guys (and gals) in the categories above find ways to look out for themselves (what? is congress really getting a raise in the midst of this downturn?) and ignore the obvious.? They are worse than talking heads.? They are talking … ?(well just think of another less intellectual part of the anatomy).

All ya gotta do?dudes (that is a?congenial term usually reserved for witless teens — how fitting here)???is open your eyes!!?

America is the greatest consumer economy in the history of the Universe.? Consumption drives our economy.? Anything that greases the wheels of consumption WILL grow the economy.??That is?given and accepted by virtually all economists.?

But . . ?where do the dudes ?I’m talking about ‘lead’ in attempting?to dig ourselves out of this (w)hole mess?

The answer is too obvious for the economic and political ‘genuises to really grasp.? it is right there in front of you — dudes! do something, anything, to motivate, encourage, stimulate and give confidence to . . . THE CONSUMERS!? and do it at once . . . immediately . . . yesterday . . . today . . . and tomorrow!? Stop arguing , discussing and talking.? Try something novel, like actually doing something.

Forget any so called stimuli that will benefit businesses, large or small, or that are intended to?put money in the pockets of individuals (or institutions) that won’t spend it right away.? Forget projects (pet or otherwise) that will take months or years?to implement.? Stop thinking about saving corrupt, inefficient, bloated financial (or manufacturing etc.) corporations that are clearly NOT going to help the problem — and are harming our national heritage of increasing efficiency.

Put the all money and all the effort in doing TWO things and those TWO things only!!? (1) — create jobs now?? (2) — increase confidence now.?

That’s it folks.? Don’t waste time or money on ANYTHING that doesn’t immediately have an impact on those TWO things!

I’m not being paid to work this out but there are solutions that fit the TWO things above.? Read them and open your eyes you knuckleheads!?

Focus only on the TWO things above.? Anything else is worthless and wasted.

Open your eyes! Focus! Open your eyes! Focus! Open your eyes! Focus! Open you . . . . etc. etc. etc. . . .

thanks to focalpunkt at flikr for the photo

Tags: consumers, economy, stimulus