What is it going to take to get our country back to financial security. Oil prices on the rise, housing market struggling, and pesimism on the rise.
2007-12-11 00:51:37 · 3 answers · asked by Anonymous in Social Science ➔ Economics
End to the Iraq war?
I was just reading an article about the US debt as a percentage of GDP is lower than in Japan, Italy, Germany and Canada.
I'm not sure what your definition of "financial security" is, but with the trade deficiet shrinking, interest rates lowering, and growth still strong, I think all we really need is an end to the Iraq war and the insanely high military and war spending to straighten out and the US will be doing quite well.
Perhaps an increase in education funding and maybe healthcare for all would be big pluses too...
2007-12-11 06:06:33 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Allowing the market to right itself, instead of us all bailing it out which ultimately means that we've only lengthened the time of the depression.
A TRUE fiscally conservative government would be a great start.
2007-12-11 01:50:36 · answer #2 · answered by znie 2 · 0⤊ 0⤋
Increase taxes and decrease government services substantially and maintain this for decades. We have been borrowing and promising substantial sums for decades, we need to begin paying it all back and reducing our claims on the government.
2007-12-11 07:28:58 · answer #3 · answered by OPM 7 · 0⤊ 0⤋