Can you name 5 things going on in american economy that concern you greatly?

Question

why? Where do you think we are headed? and what are the root causes of these trends?

Answer 1

1) Laws that encourage outsourcing of jobs away from this country.

2) Illegals invasion taking away more jobs from americans and depressing wages.

3) HB1 visas importing more low wage workers yet to come here and takes still even more jobs from americans and even further depressing wages.

4) Cost of health care is out of control

5) Foreclosure epidemic

6) Twin deficits--trade deficits, and budget deficits

7) Tax payer money being wasted in things like the bogus iraq war, enriching the military industrial complex, as opposed to real things that americans need like rebuilding infrastructure and education

8) The lack still of a "manhattan project" like energy policy to wean the USA from oil and oil products and to make america's cars oil free as in say 15 years.

We are headed towards a huge mess. At some point we will be told that we have to sacrifice greatly and draconian approaches will be taken to resolve the very poblems that those doing the draconing created.

Answer 2

1) Real Estate loan companies that gave a lot of sub-prime loans that have ruined the chances of the honest home buyers.

2) Unemployment might be 10% of the nation instead of 4.9% as reported by the US Department of Labor.

3) The protections against Wrongful Termination are non-existent and all Americans are at the mercy of their employers who do not need a reason to fire due to At-Will Employment. Even high level management can be eliminated as a result of favoritism.

3) wages for most Americans are almost stagnant and the gap between low and high is getting bigger with most Board of Directors salary being overinflated.

When the financial markets do well it is only a sign that investors gain and not the average American.

Hedge fund owners might be receiving information that could be considered Inside Information to other investors which is illegal.

4) Public education is being assaulted by those who want to privatize it and as a result less people will afford quality education. Privatization distributes the money to very few people.

5) Many Americans are willing to lose their Civil Liberties and Civil Rights for a the illusion of a safer society. Even Bob Barr regreted that he supported the Patriot Acts but it was too late.

6) The war is Iraq has screwed the budget and neither Democrat or Republican want to fix it.

Consider a new option.

Answer 3

Illegal aliens. They put a great burden on our society and very little is being done to stop these law breakers. The root causes of the trend is that business is wanting to hire cheap labor and totally ignore American workers...because they give BIG donations to the politicians, they let them do get away with it.

Hyperinflation of the stock market. The stocks are nothing more than funny money which is a way to suck in the middle class.

The Federal Reserve. They create money out of thin air and then charge interest on the fiat money. They are holding ALL Americans hostage with their unconstitutional actions with the Federal Income tax. I particularly don't like being a serf/slave. Root cause is the fat cats who are bankers and the Rockefeller's.

The Iraq war. This is a war fought just to control the price of oil and nothing more. TRILLIONS of OUR dollars and OUR men and women are being sent over there just to control the oil. BILLIONS of that money has been lost and there has been no investigation as to WHERE this money went and WHO is responsible for the loss. Root causes is poor management at the top.

The fifth item is the lack of supporting the infrastructure...without it everything will fall apart. This is from the American worker to the upkeep of our roads. The root causes of these trends is NAFTA, the SPP and ultimately the leadership who agreed to these BS agreements.

Answer 4

1) The decline in value of the US Dollar
2) National Debt
3) Inflation
4) Housing sector and Mortgage blow up
5) Rising energy prices

They are all connected. It concerns me because it affects my life-style. I remember the time when the US dollar was king. Now, it's the Euro. When I exchange dollars for euros, I feel like a second-rate citizen.

Our economy is ailing. All this is done by the Federal Reserve Bank manipulating the money supply. They messed up the American people real good. All the money that Greenspan pumped into the economy is haunting us now with the Housing and Mortgage crisis. It's just the beginning. The energy crisis is the only one that is not entirely connected - it's more of a supply issue, but inflation does affect the price of oil.

Answer 5

1. The unleashing of the banking and lending industry from usury laws regarding the maximum interest permissible.

2. The financial 'death by fee' that is brought down on consumers for the least infraction of lateness or even pre-arranged overdraft protection.

3. The predatory issuance of credit to consumers who lack the income to repay the funds delivered

4. The extension of these unsound practices into the housing industry.

5. The lack of elected officials willingness to tackle these problems before it all collapses in unpaid debt.

Answer 6

1. Debt, both private and federal
2. Stock market instability (huge ups and downs arent good, slow increases are).
3. Underemployment (not measured by the gov't, so no official numbers exist)
4. Economic power of China--thanks to Nixon and Clinton China controls the economy and has flaunted this recently by crashing stockmarkets worldwide
5. Gov't loyalty being tied more to Business than to the people they are elected to represent.

Why? Because it is way too similiar to the economic makeup of the US during the 1920's. Bush's policies have not solved the issues, theyve just hidden them.

Where are we headed? Bad places. A full scale 1930's style depression is unlikely, but with or without that our economy is pointing us toward an inevitable war with either China against Russia or Russia against China.

Root causes? Politicians attacking the surface problem so that they look good instead of solving the underlying causes. Politicians being indebted to business just to get into office and thus representing them instead of the people. Outsourcing. Shift to a service economy. Attempts at unrestrained capitalism while at the same time limiting the power of labor (capitalism requires a balance of power between labor, business, and consumers). Monopolies/Oligopolies-AT&T was just allowed to recombine with some of her old companies. That is just crazy!
Horrible trade relations, we still dont properly tarrif goods because we favor "fair trade" but our free trade agreements ignore that many countries give huge tax credits and direct monetary support for goods exported to us, while our own companies are forced to compete at real prices instead.

Answer 7

1. The growing economic interdependence of countries worldwide through increasing volume and variety of cross-border transactions in goods and services.

2. Free international capital flows.

3. Supranational corporate trade and banking institutions that are not accountable to democratic processes or national governments.

4. Offshoring. Moving entire companies overseas to exploit cheap labor. Remarkably, the most proficient user of this strategy is China.

5. Counterfieting caused by using economic sanctions as a weapon.

Causes for the trend toward, what I believe will be a chaotic economic world if the US does not isolate, are too complex to go into in this forum and make sense.
Please enjoy the sources. They will enlighten you and represent a multitude of opinions.

The bottom line for me: This trend is not reversible. Economics are hydraulic--meaning...The only way for the rest of the world to grow is for the US to diminish. As they go up we come down because our ability to compete for the business or our own people will be compromised.
They only way to stop it is to begin a movement toward isolationism and non-interventionism. Not as profound and stifling as existed prior to WWII but more secure than what we have now. We have controlled our economy well and it's in good shape but, we are in danger of losing that control to entities with no accountability to our laws.

Answer 8

#1Money, benefits, property, etc. going to noncitizens ie:
charity to foreign countries
foreign workers here and abroad
"guest workers" sending money home to a foreign country
illegals, immigrants, etc. getting any kind of benefit
free trade agreements with foreign countries while our citizens can't get jobs with a living wage, health care, pay expenses, and practice free trade amongst ourselves
noncitizens owning land or businesses here
#2 uneven tax system--charging some more, loopholes, breaks, etc. rather than a proportional one time flat tax on income and sales only
#3 lack of health care because of health care being a big business, certain health care workers becoming wealthy, mismatched reinbursement, insurance fraud, etc.
#4forced payment programs such as bail beyond a person's ability to post so they have to stay in jail while people with money can get out (I've never been arrested...it's just an observation), forced insurance which often then doesn't pay out, forced to pay for things like air and water which use to be clean and free--just alot of weird laws and situations which force even the poorest of the poor to be consumers in an economy in which they can't compete and disallows them the right to barter, save, make payments, or whatever
#5incarceration of nonviolent criminals at great cost

Answer 9

1) Illegal aliens sponging off the taxpayer, costing us BILLIONS!
2) Congress pork that benefits only a few people.
3) Too many social programs that only benefit a few
4) Stock market jitters
5) Idiot banks that just wanted to make a buchk and did the sub-prime loans

#1 is driving this country into bankruptcy. If this isn't solved, we are doomed! I think the root cause is Congress & all the weasels that are career politions and Jorge Bush not protecting this country against invaders!

Answer 10

one million. Democrats attempting to be certain a thank you to spin issues to rigidity it to be authentic that the GOP purely passes tax alleviation for the "wealthiest one %." 2. the reality that so few human beings look to comprehend the slightest damn situation approximately straight forward kindergarten economics. 3. the reality that no-one is conscious that the quickest thank you to reason catostrophic inflation is to advance the minimum salary. EDIT: Ballerb j has deftly shown all 3 of my factors with purely one sentence. data are not lies. they're data.