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Pros say: Obama's plan won't rekindle economy
#1
From CNBC:

http://www.cnbc.com/id/27922690
#2
Of course its not, its a band aid for a bleeding artery.
You can't print more money off and expect the economy to get better.
We need to create wealth. . By bringing jobs back. All free trade has to go immediately. Tariffs on imported goods needs to be raised drastically. It should never be cheaper to ship something here from China than it is to make it here.
#3
Beetle01 Wrote:Of course its not, its a band aid for a bleeding artery.
You can't print more money off and expect the economy to get better.
We need to create wealth. . By bringing jobs back. All free trade has to go immediately. Tariffs on imported goods needs to be raised drastically. It should never be cheaper to ship something here from China than it is to make it here.

Bush Sr. and Clinton completed the transformation of this country into a consumer society, while the less developed world became producers. These two gave free passes to companies that took jobs out of the country.

The CORE of "Globalism" demands the "haves" (us) should share its wealth with the "have-nots" (less developed world). Globalism won't work if this doesn't happen.

Until Americans are willing to pay 50% or more for "made in U.S.A." goods -or- American laborers are willing to take 25% less pay, this trend will continue until there is little difference between the haves and have-nots.

It's easy to see what's happening, but it's impossible to correct without sacrifice.

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