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1. Going through a recession will make people save their money and spend more wisely on things they actually need.
2. People will spend more time with friends and family. People won't be spending as much of their money eating out and taking vacations and will eat and spend more time at home.
3. People become less greedy because they won't be spending thousands of dollars on things like boats, cars, cell phones and other materialistic objects. They start enjoying and respect the things that they do have and not complain on what they don't have.
Yes, there will be some silver linings, if things don't get too bad. Although I don't know what our economy will be based on if not rampant consumerism. Remember, we need to go out and shop to support the country!
Yes, there will be some silver linings, if things don't get too bad. Although I don't know what our economy will be based on if not rampant consumerism. Remember, we need to go out and shop to support the country!
How about an economy that has more manufacturing? Remove any and all government disincentives to setting up oil refineries, nuclear power plants, alternative energy plants (e.g., biodiesel), automobile factories, textile manufacturing, etc. Deep and drastic tax cuts and elimination of regulation to encourage domestic and foreign companies to set up shop here is what's needed. Then we can actually pay for the stuff we buy!
Going out and shopping does not support the country!
Do you know what you get if you allow nuclear powerplants in the U.S. without U.S. style over regulation? Chernobyl. Do you know what you get if you allow foreign companies to set up manufacturing here without U.S. style safeguards? Bophal, India. Need any more examples? Removal of regulations from the banking industry led to the financial meltdown we have yet to climb out of. Tax cuts and lack of regulation are already as lax as they can ever be. That is not what is killing manufacturing in this country. We don't need to incentivise companies to be here we need to say "look, is you is or is you ain't an American company"? If you is, you will have your factory in the U.S. and your workforce will be made up of American workers. If you ain't you can take your corporate offices and your trading ticker on the U.S. Stock exchange to whatever sovereign you want to be associated with. It's that simple.
You know, I wouldn't say it's as horrible as some make it out to be.
The recession has forced certain things to be priced on a more realistic level. Real estate is now at a level of almost being affordable for the average joe again.
It now costs me less than $20 to fill my gas tank when it was over $50 a few months ago.
Heating oil has halved its cost.
For those of us who still have jobs (over 90% of us, last I knew), it is getting easier. Maybe we should have a recession more often.
How about an economy that has more manufacturing? Remove any and all government disincentives to setting up oil refineries, nuclear power plants, alternative energy plants (e.g., biodiesel), automobile factories, textile manufacturing, etc. Deep and drastic tax cuts and elimination of regulation to encourage domestic and foreign companies to set up shop here is what's needed. Then we can actually pay for the stuff we buy!
Going out and shopping does not support the country!
First you have to get rid of the lobbyists and groups who created those blocks to manufacturing and other things..... start with environmental whack jobs who see a mud puddle and call it a wetland or a common animal and call it endangered and get the place declared a sanctuary so nothing can be built. We have a group in town who tried to block a plaza over a mud hole (which appears in torrential rain) and another who swears a sparrow only lives across the road from their homes so it must be saved (it is a common bird and it used to live where their NEW homes currently are; where theypost signs saying "save our green space" -- the green space they built on LAST YEAR!)
"Real estate is now at a level of almost being affordable for the average joe again."
"For those of us who still have jobs (over 90% of us, last I knew), it is getting easier. Maybe we should have a recession more often."
Just shakes his head... and understands why people think Sarah Palin is brilliant.
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