What do you think about the state of our nations economy?

Question

What do you think are some ways we can improve it?

Answer 1

It's nearing a tipping point. We continue to live on money we don't have. We're pouring billions (with a B) into Iraq but we can't afford to fix the Katrina mess.

At some point we need some fiscal conservatives in DC. I could give a rip less about their social ideology. Since they haven't balanced a budget in my life time I'm thinking we should put them all on a commission.

Answer 2

The US economy is doing brilliantly. GDP growth is strong (3.5% last qtr), productivity growth is strong, unemployment is extremely low (4.6%), inflation is very mild (2.5%), interest rates are low.

The government's fiscal deficit is rapidly falling and is very manageable, despite all the hype to the contrary. It will almost certainly be equal to less than 1% GDP this fiscal year, which makes the US far more frugal than most European countries or Japan. For all the whining about Iraq war spending, even including that the US spends far, far less of its GDP on military spending than has been the norm for most of the past 70 years.

As a result of all this, the national debt is growing much slower than the economy, and slower than tax receipts, so the government's Debt:GDP ratio is falling -- which means that right now and for the foreseeable future the government's fiscal health is clearly improving.

Our predominantly free trading policies continue to make us richer, and Americans who actually wish to work and develop useful skills have never had such brilliant opportunities.

Actually an incredibly rosy picture. One concern to keep an eye on is the housing market, which may now be going through a correction.

Answer 3

The sites(view) set upon the almighty dollar , are greater than our needs . what is left of a dollar after we earn it and go to spend it ? estamated so we still have our dignity (pocket change), is , what ? . now we factor in how much can we save for our self , so we are not selfless , inconsiderate but heads we've become to be known as ,not to mention what criminal dishonest misunderstood ,type of people we cannot imagine that any one would ever be as hard as we try not too .
SO,,, there should be a greater value placed on this thing giving such grace as trust ,faith , and Cents .
if a penny found is worth tow on the job , can it be worth more . lets give it some thought .yes we can lower our rates and intrest GLOBALY , or at least at home .
if a dollar was suddenly worth a $1.50 ?

Answer 4

The only way to improve our nation’s economy is to take the power to print money out of private hands. We must shut down the PRIVATE Federal Reserve System and add an amendment to the Constitution disallowing any entity other than our government from printing our money.

ALSO, we MUST back our money with gold. That is the only way to ensure a stable dollar and in turn, a stable economy. Only then will we be impervious to predatory bankers who stalk the planet looking for currency to devalue in order to steal people's wealth.

America Freedom to Fascism
http://video.google.com/videoplay?docid=-4312730277175242198&q=freedom+to+fascism&hl=en

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Answer 5

Our nations economy seems not in a good shape. If import more than export, oversee labor that give purchase consumers a good price, but the purchase power decline also the GDP.

Answer 6

well= as for vehicles, its grim. The automobile Companies bring in the Japanese and now their vehicles are selling better than ours and americans are being laid off in quanities of plants. In other areas alot of plans are sent to the chinese for manufacturing and sold here. The bad problem is that when their contract is finished. The chinese continue manufacturing it for themselves. our economy is thriveing, but our people and those that come here are makeing our country tooo crowded.

Answer 7

a million) stop outsourcing on the instant via elevating the taxes via a minimum of a hundred% on distant places-made income persons agencies. 2) it is already being accomplished by using tax incentives to hire disabled workers. 3) Agreed.

Answer 8

I agree that the USA is in financial trouble and our kids and there children will suffer because of it. My personal opinion is that politician's are likened to legal mafia. I guess there are some that are honest, thank god. PS my country does not fair any better.

Answer 9

dunno as its not my nation, but i think the iraq war was always unnecessary and so do the majority of brits :), not including tony blair o course. :D

Answer 10

no comment