How can the US stop or fix the current or impending economic depression?

Question

I am a 15 year old kid living in the US, and the current economic state has gotten me curious, so does anyone have any opinions on how we can fix our dying economy?

Answer 1

Introduce socialism.  Capitalism, or freedom, as you chumps like to call it, means people losing their jobs and houses at regular intervals.  I have just been made redundant!! Smile!!

Answer 2

first off i would say that we arenot really in a recession or depression, but we may be headed to a depression.the problem is is that the news tells people to save money and not cut down on spending in case that happens. but reall, people need to spend money, because how can you make money if no one spends money? right? ya dig?

Answer 3

the best the government can do is to help in one area while hurting in another

Answer 4

I am an economist and the economy isn't dying and we are not in a depression.  We are probably not in a recession.  If we were in a depression you would be very well aware and so would everyone else.  Mild depressions used to be a regular part of American life. The Great Depression saw one in four workers fired in a very short period of time.  If we were in a depression, you would know.

If we are to thrive as a country over the long term, we need to rethink our benefits programs and the role of government.  The United States is deeply and maybe catastrophically in debt.  We need to raise taxes and reduce government involvement in society.  We need to demilitarize to a substantial degree and reduce our involvement in the world.  The current spending levels of the military are unsustainable.  In the short run, everyone is pretty much doing everything they can.

Answer 5

lol were not in a depression and not (officailly) in a recession unless congress says so but we are in a recession and all co8ntries go through hundreds of them like on april 2008 stocks fell alsmot as low as the great depression and how we got out of depression was war for factories and jobs and recessions are okay for all countries and if gas prices lower and house market gets better we should get out of this recession

Answer 6

rtrrr