How to Improve the US Economy.

The United States has been in a recession since December, 2007, as defined by the National Bureau of Economic Research, a private, nonprofit research organization. But the American people, and the Obama administration along with the democrat majority congress, seem to be at odds on how to fix the US economy. Chilenobayrealestateforsale A robust US economy means companies expand which results in job creation. Currently, the American people are not spending because many are not working, and those who are working are spending less, most likely due to the possibility of losing their job. Chilenobayresidencesforsale Current unemployment rate stands at 10.2% as of October, 2009. A decrease in spending by the American people results in a decrease in company profits, company non expansion, and more layoffs. Cielomarbella Reporting on a survey by Watson Wyatt, a consulting firm, the HRSpecialist.com reported in November of 2008 that one-fourth of U.S. employers plan to have staff reductions during the following calendar year. We are now seeing this come to fruition for 2009. Clubcampestreforsale

Improvement being defined as two consecutive quarters where we do not have negative growth in the GDP (gross domestic product). The following is what we call the Steps to Economic Improvement. Coveclubhomesforsale These are steps for consideration which hopefully result in a healthy bipartisan discussion between our elected congressman and their constituency. These steps may result in non-recessionary growth of the US economy. Eldoradorealestateforsale You may or may not agree with these steps, but at a bare minimum, these are points to consider, and ideally result in a healthy discussion with our elected congressmen, which at last check, is one of the unchanged notions of a free democratic society. Esperanzaforsale The first step is to realize that it is business and not government that creates jobs and wealth within the American society. This is where we believe is the heart of the problem. It is evident that the Obama administration believes it is government that will lead Americans to economic prosperity. Findloscabosrentals

This is why the federal government has put forth a $780 billion stimulus package. So where is this money really going. Let’s take a look at the breakdown. Suppose if we live in the time of Smith, in the middle of the 18th century, when people began to study political economy. Many discussions on the production and distribution put emphasis on social tasks. Fourseasonscaboforsale For traders said that should decide ‘right price’, to not require to take interest on loans and to perform various social tasks such as caring for the poor and those with limited opportunities. Traders operating differently from these social norms often punished for the reason that they put their personal interests above that of other people. Fourseasonscaboresidencesforsale

Smith and his colleagues studied and presented that although a businessman is affectionate by personal interest, often his actions are in the interest of others. Nowadays it is called the invisible hand theorem. Fourseasonsloscabosforsale Which means that in the system of private property the individuals are attracted by an invisible hand to advertise the interests of others even though they actually act for their personal interest? To act for personal interest means that you are doing only choice regarding interests, and desire that you have. Homesincabosanlucas If you desire to help others, and then this choice is in your personal interest. People are attracted by personal interest, whatever they are: consumers, teachers, businessmen, employees, voters, politicians or public officials. Lasventanasforsale Desires of an individual do not change with his movement to another work or job position. Assume that a businessman who has been successful as a director of a large company change workplace and it is appointed as head of a public institution. Lasventanasresidencesforsale Can be found in this case any reason to believe that this individual will change its character? Now the work conditions under which the individual work will change, and this of course will be accompanied by some changes in his behavior. Luxurycaborealestateforsale In politics, this approach is motivated in the same way as motivated in business a simple idea. It is part of our common sense. Individuals engaged in business, just like other people around, often sacrifice their welfare interests for of others. Luxuryinbaja But of course not to excess the normal logic. In this context, people expect that authorities to do the same thing. The important point of this discussion is to show how these individuals are charitable. Luxuryloscabosrealestate

However be charity feeling size it will always have different views of who should help and who really belongs to take help. Maravillarealestate Over the past 15 years I have had the privilege of travelling to China on a regular basis and have witnessed the fantastic economic miracle that has seen the transformation of China into a modern economy. Maravillaresidencesforsale

Cities such as Shanghai and Beijing have been literally transformed in less than a generation into gleaming cities that inspire awe in those that have seen this transformation. In almost all areas of the economy China has transformed itself into an industrial powerhouse and for all intents and purposes has caught up with the west in many critical areas. Owncabo In contrast to this continued and seemingly unending economic miracle the last decade has seen the United States first battered by September 11th then a series of costly wars. On the domestic economic front a series of unending economic problems. Owncaborealestate

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