What Can/Could Save The Economy?

Question

Dont bother answering if you're going to be a pessimist..

Answer 1

People who think like you. If all the people in the world had a positive outlook for the future they would be inclined to spend more rather than save. They may even borrow to spend as they are confident that the economy will be OK. This will create demand, demand creates supply and this in turn creates new jobs. More employment means more income being earned which in turn will increase spending and so the cycle goes on. This expansion in the economy will benefit all.

Answer 2

Well, if people start spending freely, then the economy can be saved.  When people spend, more jobs can be opened up.  So, therefore, unemployment will go down.  This will create a stronger economy because more people will be working.  So more people will have jobs.  But, strong spending cannot start unless everybody does it.  So, the Bush administration uses a ploy to try to trick us into creating a "fake" spending spree.  That is to give us a stimilus check.  That stimulus check can only be sustained for so long because it's only $300 and not everybody got it.  So, I figured that $300 would create a spending spree that lasts maybe 1-5 days or so.  And because it worked the first time, the Bush administration is doing it again to try to jumpstart the economy.  I figured, the government has to keep that money instead of giving everybody a check.  And with that money, they should hire people to work for the government to help lower unemployment.  But, I am afraid that it may not create many jobs because it is only $300 dollars per person.  So, collectively, they would probably give, a very limited amount of people some jobs.  The only other option is to "up" the second stimulus check.  But, the problem is where the money will come from.  I think, the government should try to allocate some money within the government system to try to push more money out on this second stimulus check.  Without a surplus of money on hand, citizens and consumers cannot and will not spend.  This is the basic underlying problem.  This was caused in part by the printing of more money for the war in Iraq.  So, our money becomes deflated.  This moves prices up, but does not create higher paying jobs or more jobs.  So, our best bet, is to quickly withdraw from Iraq.  And I mean quickly.  If we do it slowly, it may not work.  And from the money that we saved by cutting the war short, we can create a strong stimulus check.  And with the war cut short, our money does not become deflated anymore.  And there will be a better feeling within the citizens.  And with the strong stimulus check, people can spend enough money to jump start the economy again.  But, until then, there is nothing we can do.  

Answer 3

Ron Paul.

He would get out of everyone's pockets (democrats and their tax and spend), and he would also get out of everyone's bedrooms (republicans and their 'holier than though' morality police).

The more freedom people have, without stepping on the rights of others, the better any country is. It lets room for inspiration, innovation, creativity and peace.