The Effects Obama's Free Money Will Have
Posted: Thu Aug 06, 2009 8:31 am
I am a firm believer that the new fiscal policy of giving money out with tax refunds is a mistake. The issue is not lack of spending, it is that the amounts of money spent on tariffs and taxes to allow overseas workers to refine our raw materials, in addition to the minimal wages utilized in order to maximize profits can lead only to one logical outcome: the collapse of the United States Economy. While more and more jobs are being shipped overseas, more and more people lose their jobs. A parallel to this is that the resources spent on shipping raw materials within other countries to their refining factories, coupled with the expenses of shipping them internationally back to the states, is increasing minimum costs of products while the average American income steadily drops or even disappears in cases. This is a surefire way to destroy the infrastructure of the American society, and will lead to revolution and armed conflict not perpetrated by outside forces.
Unfortunately, that revolution is the only likely way the economy will be stabilized, as needs for resources coupled with increased security on shipping will make international trade a nuisance to say the least, not even considering the effect of outside predictions on winners will have on other countries willingness to trade with a rebellious society. In effect, the country and its opposing faction will turn inward in its quest for resources, allowing small companies and individuals to reestablish their lives in the areas in which they excel, whether it be metalworking or agriculture. The only fallacy with this is that after the rebellion, regardless of outcome, the victor will need a cheap way to recoup its losses, and will turn back to the destructive force that caused the war.
So, basically, in layman's terms, we are FUCKED!
Unfortunately, that revolution is the only likely way the economy will be stabilized, as needs for resources coupled with increased security on shipping will make international trade a nuisance to say the least, not even considering the effect of outside predictions on winners will have on other countries willingness to trade with a rebellious society. In effect, the country and its opposing faction will turn inward in its quest for resources, allowing small companies and individuals to reestablish their lives in the areas in which they excel, whether it be metalworking or agriculture. The only fallacy with this is that after the rebellion, regardless of outcome, the victor will need a cheap way to recoup its losses, and will turn back to the destructive force that caused the war.
So, basically, in layman's terms, we are FUCKED!