what can we realistically do to fix unemployment?

[SoCalCroozer]

Originally Posted by JazzyTallGuy

Create an environment that is extremely friendly and conducive to the creation of small businesses. It's obvious that large corporation no longer have interests that are aligned with America's long term economic prosperity.

Yeah and clean up Wallstreet and get rid of the all the quazi ponzi financial schemes like currency trading.

[scarlet_ohara]

Originally Posted by Vinsanity

how the f would that fix the unemployment problem? if people without jobs started to receive wealth redistributed to them from "the filthy rich", what reason would they have to go to work in the morning?

Maybe he's hoping to be hired on as a tax collector...


Undoubtedly suited in armor on a white horse...

[texdav]

Right now as far as a governamnt fix;its like the person that has 93% of his annaul income in loans not counting interest and has less and lesws moeny coming in. That is the tragedy of having spent 1.2 trillion in the last 11 months by borrowing with no results.Weare a in the same positon where we either brak the US dollar value or we seek to drasticallty redcue services in the comin decades. bascially its the latter that will be forced on us.hat is why anyone who can is elimnating debt and saving from wall street to main street.

[newonecoming2]

Originally Posted by rbohm

as i pointed out in another thread, you(r) "solution" would have the effect of killing the economy completely.

Printing money and giving it to everyone would tend to stimulate consumer spending.

Asking the banks to hold in reserve at the fed the same amount of money as you just printed would stop hyperinflation.

Upping minimum wage would give us wage/price inflation. (all by itself this would tend to contract the economy but with a ready supply of consumer money available (That $1k per person extra) we should have full employment.

If you up the real interest rate at this point in time the cost of servicing the national debt would kill the economy. So tax the payment of interest on debt. We need to collapse the debt bubble. Printing money and giving it to everyone will support our economy as the debt bubble comes down.