Solutions To Our Mess
Well, what works? Historically, reduced tax rates, fewer regulations, less governmental mandates (programs encouraging lending organizations to loan to unqualified borrowers) and having a basic education in macro-economics.
The reason relaxing regulations works is the same reason taking the training wheels off your bike helps you learn how to ride. You understand you can fall and get hurt, so you make better decisions. Most business are penalized before they even have a chance to try.
Tax breaks free up money for business’ to spend on employee’s, grow their physical business or buy large ticket items(made by other business’.) Buying large ticket items, like a private jet, puts money in the hands of the retailer, the worker at the manufacturer and the business owner to spend more money growing their business. And the money spent flows throuh the system, even to the part-time McDonalds employee.
Allowing banks to loan to people they know can pay back a loan, means fewer foreclosures for families who can’t afford the house. The families will spend money on what they can afford and will be in a better situation to save for a down-payment when they are ready to buy.
We are currently in a situation developed by government mandated policies created to get politicians into office. The people participating in these programs aren’t getting the help they were sold. Social Security recipients get a mear fraction of what they need. Medicare and VA only goes so far. And the writers of these programs never participate in them, so they have no fear of the consequences.
No one likes politicians. Why would they make decisions in our best interest? Enough of expecting different results from the same actions. We need to fix problems not CHANGE them.
