Ideas for Stimulating the Economy

#26
#26
Mr. Tri Star said:
In order for a decade or two worth of growth, let's rob our land of its natural resources and pillage the countryside for all its worth so there is permanent damage for the next 20 generations. Yall are acting like the govt is going state to state, town to town to town buying "pretty land" by eminent domain. So if the govt is stealing people's land their families have owned for years for mark parks and such, the same logic would make the tva and its lakes a crime.
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Public lands are actually some of the worst managed and over exploited areas in the country. Most of us only see the nice parts from the trails.
 
#27
#27
As far as deregulation, I suppose that in some areas I would agree with you.

But in terms of tax or budget reform, you simply need to give up the ghost as far as more net to the super wealthy, investment class. They have made substantial gains over the same decade where the lower and middle class gave gone backward.

And are NOT investing it in jobs-related or producing things. It's all currency trades and short market plays.

Give the middle class some major relief and demand will go up, which will encourage more growth-oriented investment, confidence, etc.
 
#28
#28
lawgator1 said:
As far as deregulation, I suppose that in some areas I would agree with you.

But in terms of tax or budget reform, you simply need to give up the ghost as far as more net to the super wealthy, investment class. They have made substantial gains over the same decade where the lower and middle class gave gone backward.

And are NOT investing it in jobs-related or producing things. It's all currency trades and short market plays.
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They certainly are investing it and producing jobs; however, the jobs they are producing are not in America because federal minimum wages, corporate income taxes, and the EPA have made it too expensive for industry to produce in America.
 
#29
#29
therealUT said:
They certainly are investing it and producing jobs; however, the jobs they are producing are not in America because federal minimum wages, corporate income taxes, and the EPA have made it too expensive for industry to produce in America.
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I don't think there is much evidence of that beyond perhaps Apple and China, some clothes manufacturers in Vietnam, a few others. We cannot compete with their labor costs with our standard of living. If you want to tell the middle class that their standard if living is going to be cut by 90 percent so they can make more money for people owning $550 shares of stock, good luck with that.
 
#30
#30
lawgator1 said:
I don't think there is much evidence of that beyond perhaps Apple and China, some clothes manufacturers in Vietnam, a few others. We cannot compete with their labor costs with our standard of living. If you want to tell the middle class that their standard if living is going to be cut by 90 percent so they can make more money for people owning $550 shares of stock, good luck with that.
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We do not have to compete with their standard of living; once you add in the other labor costs involved in the transport of products produced outside of America back to America, then you are looking at numbers that America could compete with if we ditched the federal minimum wage, corporate income taxes, and the EPA.

Instead, officials sell a lie to the dying blue-collar worker in America that they will help them out by raising the minimum wage (union wages are tied to the minimum wage); yet, what actually happens is the rise in the minimum wage simply pushes production overseas. Of course, that does not help most of the blue-collar workers, it only helps a few that are retained in the States.
 
#31
#31
therealUT said:
We do not have to compete with their standard of living; once you add in the other labor costs involved in the transport of products produced outside of America back to America, then you are looking at numbers that America could compete with if we ditched the federal minimum wage, corporate income taxes, and the EPA.

Instead, officials sell a lie to the dying blue-collar worker in America that they will help them out by raising the minimum wage (union wages are tied to the minimum wage); yet, what actually happens is the rise in the minimum wage simply pushes production overseas. Of course, that does not help most of the blue-collar workers, it only helps a few that are retained in the States.
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I guess I believe the reduction in income would be so dramatic as to cause real problems.
 
#35
#35
Wages have very little to do with sending jobs over seas. Tim Cook and even Steve Jobs before him said that is not why they manufacture in China. The US labor force is untrained, unprepared, and unwilling to work the job needed to meet the demand. Even if Apple paid there workers $20/hr they would still show unprecedented profits.




And I fail to see how eliminating National Parks would help the economy at all.
 
#36
#36
burntorangeVOLffle said:
Wages have very little to do with sending jobs over seas. Tim Cook and even Steve Jobs before him said that is not why they manufacture in China. The US labor force is untrained, unprepared, and unwilling to work the job needed to meet the demand. Even if Apple paid there workers $20/hr they would still show unprecedented profits.
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Skilled labor vs. unskilled labor. Apple needed moderately skilled labor; the majority of industry, the world over, requires unskilled labor.

burntorangeVOLffle said:
And I fail to see how eliminating National Parks would help the economy at all.
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Instant access to timber, coal, oil shale, mineral mining, etc; combined with the elimination of the EPA, it would free up a plethora of resources.
 
#37
#37
burntorangeVOLffle said:
Wages have very little to do with sending jobs over seas. Tim Cook and even Steve Jobs before him said that is not why they manufacture in China. The US labor force is untrained, unprepared, and unwilling to work the job needed to meet the demand. Even if Apple paid there workers $20/hr they would still show unprecedented profit.
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I don't believe this for a second. The worst thing (publicity-wise) Steve Jobs can say on the matter is that they did it for the cheap labor.
 
#38
#38
therealUT said:
Instant access to timber, coal, oil shale, mineral mining, etc; combined with the elimination of the EPA, it would free up a plethora of resources.
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I'd rather keep the parks for future generations than strip mine them for short term gains.

I know people on here hate the EPA and I admit it needs some fine tuning but since it's creation air quality and water quality have improved. That is also something I'm not willing to sacrifice. It's kind of like health inspections for restaurants. If own or manage one, which I have done, they can be annoying when they wright you up for stupid or petty violations but I would not eat out at all if they did not perform them.
 
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#39
#39
burntorangeVOLffle said:
I'd rather keep the parks for future generations than strip mine them for short term gains.

I know people on here hate the EPA and I admit it needs some fine tuning but since it's creation air quality and water quality have improved. That is also something I'm not willing to sacrifice. It's kind of like health inspections for restaurants. If own or manage one, which I have done, they can be annoying when they wright you up for stupid or petty violations but I would not eat out at all if they did not perform them.
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At the same rate that it was improving before the EPA. Society is generally progressive. Government jumps out in front of the parade and acts like it's leading.
 
#43
#43
#44
#44
#45
#45
therealUT said:
Yawn...as long as we are running at a deficit, extra government jobs are just a drain on the economy.
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Did you read it? Private jobs were added as a direct result of the EPA regulations.
 
#46
#46
burntorangeVOLffle said:
Did you read it? Private jobs were added as a direct result of the EPA regulations.
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Those private jobs are not producing anything; this is capital being pulled away from production. It does nothing in terms of sustaining an economy.

The EPA explores in some detail two particular channels—changes in employment in the directly regulated industry
(utilities), and the increased demand for labor directly stemming from the construction and installation of pollution abatement and control (PAC) equipment. The EPA also identifies one particular industry (steel) that may see job gains stemming from its role as a supplier industry to PAC construction and installation.
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1. Increased demand for labor: that labor does not contribute to the production of any goods. It is a drain on capital.

2. Steel industry: producing more steel? Yes. Ultimately, for more production? No. Drain on capital.

The EPA is trying to spin their regulations as good for the economy; they are not.
 
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#47
#47
therealUT said:
Those private jobs are not producing anything; this is capital being pulled away from production. It does nothing in terms of sustaining an economy.
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So you didn't read it and youre going to dismiss it. You should run for office.
 
#48
#48
burntorangeVOLffle said:
So you didn't read it and youre going to dismiss it.
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I read enough of it and I know enough of economics to know that the two main areas that are spoken of are drains on capital and are not sustainable. Jobs may have been created, but they are ultimately not good for the economy in the long-run.

These measures actually drive prices and costs up (in terms of real dollars, not nominal dollars), as well, which is never good for the economy.
 
#49
#49
I would greatly reduce the FDA so that its main function is monitoring safety of the food supply. Right now, they spend a large amount of money on drug approvals and regulating drug promotions. Waste of money. In today's world, if a new drug can't convince HMO's of their effectiveness, they will never be reimbursed and therefore few would use.
 
#50
#50
If we could just get the robust government out of the way, then the economy would come back in a hurry. They're the biggest road block to that happening.
 
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