Why is the Economy weak in the US?

Discussion in 'Economics' started by EMRGLOBAL, Aug 31, 2010.

  1. Your a silly person the government is not in the business of controlling housing prices or giving credit flow to a business that might seem risky. That's closer to socialism. You can't be a Republican and have a problem with the market working everything out. If individuals acted smart we would have no problems. It would be terrible if the government fixed this because the next crash would be a lot worse.
     
    #51     Sep 6, 2010
  2. Big corporations have become stronger and smarter and Govt cannot monitor their day-to-day illegal & immoral activities.
    Govt can punish individuals but not big corporations because they can topple them e.g http://en.wikipedia.org/wiki/Goldman_Sachs
    Govt can only go for settlement with big corporations e.g. http://en.wikipedia.org/wiki/United_States_v._Microsoft
    It is better to breakup these corporations into smaller entities to solve unemployment and to promote competition.
    http://en.wikipedia.org/wiki/List_of_companies_by_revenue
     
    #52     Sep 6, 2010
  3. 377OHMS

    377OHMS

    lol when I was at a hedge fund in chicago fleecing grandma's pension fund I didn't see any boomers in the room. :D
     
    #53     Sep 6, 2010
  4. Handle123

    Handle123

    When old man Walton died of Walmart, that is when America started to slip away. If you are old enough to remember the commercials of him saying he sold "American Made" in his stores. He is quoted saying, "Every job we save creates another potential Wal-Mart customer who's not worrying about where his or her next dollar is coming from."

    http://www.referenceforbusiness.com/businesses/M-Z/Wal-Mart-Stores-Inc.html

    When Walton died, his son took over, and our jobs went to China and other countries. And all the other sale stores have done the same, where to get it cheaper.

    Read an article last week, some companies are now outsourcing there law firms, I find this so funny, the same jokers who fought for big companies to get jobs over to foreign countries will be in unemployment lines or when you go to Starbucks, they will be asking you want a sweetroll? LOL.

    So many complain the government doesn't do this or that. Instead of giving to the people, give huge free interest loans on making factories, huge tax cuts for factories. "Free trade" means foreign countries are getting all our jobs for free.

    You want to make a difference, stop buying foreign made goods.
    Write to Congress to change tariff laws or better yet, seal the borders, nothing goes out or in except for medical supplies, food and oil.

    Yeah, you all are going to laugh, but when unemployment rises to 20%, maybe then you will think different. Twenty years ago when Mexicans were coming over in droves, everyone said big deal, they are there to pick crops, yeah, well "we" didn't stop it then and they are all over the USA doing a great deal more than picking crops and still coming across in the millions each year.
     
    #54     Sep 8, 2010
    beginner66 likes this.