Post by Jersey on Feb 14, 2009 23:27:38 GMT -5
This is my rant from General Chat on the stimulus bill.
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I can't stand Obama for one thing, and the spendulous bill isn't going to do much of anything. Pumping a massive amount of money into the economy at this point and time is the exact same thing as trying to put a whole bunch of duct tape over the hole in the keel of a sinking ship. Spending (and it IS spending) that much money is going to do nothing but make this country weaker by increasing our national debt, which is about to go up over 750 billion. That number is only 250 billion away from being a TRILLION dollars. You think billions are big? Trillions are out of this world. That's what Obama is VERY close to spending. How much of this money really exists anyway?
The fact is this: there is no quick fix for the economy. There just isn't. Spending money we as a nation do not have is only going to make things worse. There is one surefire way of righting the ship though. It's not pumping money we really don't have into the economy. It's making money as a nation.
HISTORY ALERT! HISTORY ALERT!
Do you guys know which country was the richest, most productive country in the early to late 1940's? Which nation was the biggest oil EXPORTER in the world? The United States.
Here's what happened. During the Great Depression, Hoover and Roosevelt struggled to keep this country from turning into a third world nation. Unemployment was sky high, people were starving. Because of the decrease in monetary value, there was no business that was able to hire. Production on just about everything ceased, and things continued to get worse. Even with Roosevelt's New Deal.
Then, something happened. Hitler invaded Poland and France later, and Japan invaded China. Suddenly, we had a worlwide crisis. What if we were next? What will happen now? We had to arm ourselves. Something surprising started to happen! Businesses re-opened, and began manufacturing bullets, helmets, field gear, airplanes, trucks, Jeeps, the works. Since we needed to build all this military stuff, we needed people to build it. This created jobs! People began going back to work, or they began to enlist. The economy started to pick up again. At that point, Britain was attacked. The United States allied with Britain. We began sending them supplies and arms. This sped up the manufacturing process, more jobs were created, and the economy recovered.
After the war, this country was simply exploding with prosperity. And that is when Truman made his big mistake. Since we were so darn rich from all the manufacturing we had been doing and were still doing, we thought we would spend some of that money. On cheap foreign oil. At the time, exporting oil wasn't as cheap as it was to buy it from the Middle East. At that point, we became great friends with Saudi Arabia, promising them protection "from any and all invading aggressive forces", while in exchange we would buy their oil for a good price.
This only led to more buying, more spending. The United States went from being the world's biggest exporter to the worlds largest importer. We spent money on oil from the Middle East, and harvest very little of our own. The only things this country seems to make anymore are beer, a few car models, some food, and other odds and ends like paper. Everything else is imported. The computers you are on are more than likely make in China or Japan. The couch or chair you're sitting on is probably from Brazil or Venezuela. The gas in your vehicle comes from Iran or Saudi Arabia.
The point of all this? This country needs to get off its importing addictions. We need to begin MAKING things again. The only way this country will ever pull itself out of the depression (its not a recession. It's a depression, and nothing less) is to create jobs, make more products, begin exporting rather than importing, and pull this country out of the toilet we've been flushed down by foolish political policies and horrible decisions.
FIX THE PROBLEMS AT HOME FIRST!
-----------------------------------------------------------------------------
I can't stand Obama for one thing, and the spendulous bill isn't going to do much of anything. Pumping a massive amount of money into the economy at this point and time is the exact same thing as trying to put a whole bunch of duct tape over the hole in the keel of a sinking ship. Spending (and it IS spending) that much money is going to do nothing but make this country weaker by increasing our national debt, which is about to go up over 750 billion. That number is only 250 billion away from being a TRILLION dollars. You think billions are big? Trillions are out of this world. That's what Obama is VERY close to spending. How much of this money really exists anyway?
The fact is this: there is no quick fix for the economy. There just isn't. Spending money we as a nation do not have is only going to make things worse. There is one surefire way of righting the ship though. It's not pumping money we really don't have into the economy. It's making money as a nation.
HISTORY ALERT! HISTORY ALERT!
Do you guys know which country was the richest, most productive country in the early to late 1940's? Which nation was the biggest oil EXPORTER in the world? The United States.
Here's what happened. During the Great Depression, Hoover and Roosevelt struggled to keep this country from turning into a third world nation. Unemployment was sky high, people were starving. Because of the decrease in monetary value, there was no business that was able to hire. Production on just about everything ceased, and things continued to get worse. Even with Roosevelt's New Deal.
Then, something happened. Hitler invaded Poland and France later, and Japan invaded China. Suddenly, we had a worlwide crisis. What if we were next? What will happen now? We had to arm ourselves. Something surprising started to happen! Businesses re-opened, and began manufacturing bullets, helmets, field gear, airplanes, trucks, Jeeps, the works. Since we needed to build all this military stuff, we needed people to build it. This created jobs! People began going back to work, or they began to enlist. The economy started to pick up again. At that point, Britain was attacked. The United States allied with Britain. We began sending them supplies and arms. This sped up the manufacturing process, more jobs were created, and the economy recovered.
After the war, this country was simply exploding with prosperity. And that is when Truman made his big mistake. Since we were so darn rich from all the manufacturing we had been doing and were still doing, we thought we would spend some of that money. On cheap foreign oil. At the time, exporting oil wasn't as cheap as it was to buy it from the Middle East. At that point, we became great friends with Saudi Arabia, promising them protection "from any and all invading aggressive forces", while in exchange we would buy their oil for a good price.
This only led to more buying, more spending. The United States went from being the world's biggest exporter to the worlds largest importer. We spent money on oil from the Middle East, and harvest very little of our own. The only things this country seems to make anymore are beer, a few car models, some food, and other odds and ends like paper. Everything else is imported. The computers you are on are more than likely make in China or Japan. The couch or chair you're sitting on is probably from Brazil or Venezuela. The gas in your vehicle comes from Iran or Saudi Arabia.
The point of all this? This country needs to get off its importing addictions. We need to begin MAKING things again. The only way this country will ever pull itself out of the depression (its not a recession. It's a depression, and nothing less) is to create jobs, make more products, begin exporting rather than importing, and pull this country out of the toilet we've been flushed down by foolish political policies and horrible decisions.
FIX THE PROBLEMS AT HOME FIRST!
