Now that the Fed cut the rates again, what do you really think will happen? Is this short-term vaccination going to bring a long-term disease? I would have to say YES! Can we seriously keep on prolonging the real issue any longer? Our nation is in over 9 trillion dollars in debt and people still think that a 150 billion dollar tax check will end up fixing our economy. This is the craziest thing I’ve ever heard. With interest rates going even lower, our debt increasing everyday and our national budget is still out of control, yet the government still wants to give out money…. How is this fiscally able to happen without kicking our country in the a$$ in the future?

What type of package do you think the federal government should implement without stubbing the toe of the American economy? I really haven’t seen anything that jumps out at me. There really isn’t any long-term plan that seems to be important enough to really cover. The stock market is not only going down because of the consumer credit market. It’s also going down because investors are taking a lot of money out of American companies and investing it abroad. They are scared that the 9 trillion dollars will end up killing the American economy in the long run.

Instead of trying to increase the dollars value and decrease our debt, analyst want us to reduce rates so low that we end up in the same situation we were in five years ago -an artificial housing boom that ends up hurting our country even more. It’s pretty amazing to me that no presidential candidate wants to talk about our national debt because everyone is so consumed about our short-term economy, the war and healthcare. We won’t even have a country if we do not correct the wrongs of the past.

Here’s my idea  

-Slash international spending

-Slash domestic spending

-Lower taxes for all Americans

-Reform our current tax system to increase domestic investments

-Remove the capital gains tax (increases investment activity)

-Increase Federal spending on education (if there’s any type of government spending I believe in, education is the way to go.)

-Cut the corporate tax code to increase business activity in America

-Reform Social Security and Medicare

 
What do you think?