Presidential Running, Economics

Old Glory

Think love. Think earth. Think peace. 

The Presidential election is ramping up. There has been a lot of headway made. Newt Gingrich, Ron Paul, Jon Huntsman, Rick Santorum, and Mitt Romney have been running strong through Iowa and now into New Hampshire. President Obama has also been looking good making a stop in Shaker Heights, OH. These men are all intelligent, articulate, experienced, and gracious. They all have a unique skill set capable of implementing their vision for the American People.

Good luck to the President and to the Republican challengers. We hope that the winning side will do the best they can for the American People. We humbly ask that you serve the American People with smart policies, honor, grace, and justice. Kindly really show that you care by fixing the U.S. economic problems, and putting U.S. tax dollars back into the pockets of the American People.

Republican Elephant

What is the best way to fix the economic problems for every American? We are all shareholders in the American Dream- We are ALL shareholders in the American Dream. The American People have worked long and hard, yet life seems to be getting tougher, not easier. If life is getting better, then why is the retirement age going up to 67? Why are some members of Congress advocating the abrogation of Social Security? Why does the U.S. borrow 42 cents of every dollar the U.S. spends? And who will have to pay it off? The future generations of Americans will pay- just pass the problem down the line to the future of America. We need leadership that will save the youth, protect the old, honor the American People and honor the American Dream. It is time to take inventory, it is time to take stock in our American Dream, and declare dividends for the American People.

Democrat Bronco

Thanks to President Obama for giving the American People tax relief and rewarding tax filers with the $400 cash back. It seems that perhaps demand-side economics (rather than supply-side economics) is a better model for financial justice. Giving taxpayers a leg up with a cash back return is a good model to encourage demand and create a better quality of life for all Americans. With any luck we can improve this benefit from $400 up to maybe $5,000 in the future. $5000 x 270 million Americans = $1.35 trillion. That'd be every year, for all Americans aged 18 and up.

$1.35 trillion is a relatively modest amount for the U.S. budget when considered against the real picture, that supply side economic policies have helped put the U.S.A. at debt levels exceeding $15 trillion. One thing is unequivocally clear from this mounting debt, and that is that supply side economics downside is too much debt. Supply side economics does work sometimes, but it doesn't work all the time. To be realistic, how does giving money to the supply side stimulate demand? (It's a rhetorically loaded question- it doesn't stimulate demand at all. It equips supply to go to market. A few dollars trickle down from the top. That's why it is called 'trickle down' economics.)

With demand side economics, kids can be going to college without going into debt. Parents can get a cushion to build a better financial future for their family. People will have some extra cash every year to help buy food, to help pay bills, to help buy a car, to help invest and save for retirement, to help start a business, to help go to college, to help pay rent, to help pay a mortgage, to help pay for insurance. Is it a panacea, no, but it will help many Americans in the struggle for economic success. It will demonstrate that the President and the Congress care about the American People. Man if that happened, who wouldn't vote for their Congressman, Congresswoman, or President, or Governor. Imagine a candidate if they said, "I'll pay you $5000 a year so long as I'm in office." Man that be the greatest way to garner votes nowadays, I tell ya. Moreover, it improves aggregate demand and stimulates more robust economic activity, which creates more jobs, and creates more wealth for everyone. Thus everyone's quality of life improves. It's a win, win, win situation: A win for the government, A win for business, and a win for the American People.

Take a look at how much money has been spent/allocated at the expense of the American Taxpayers. It is enough money to give over $10,000 to every American citizen- every man, woman, and child age 18 and up. PBS news has the story:  pbs.org/economy/the-true-cost-of-the-bank-bailout
Was it necessary to bailout the banks? Probably. However, it needed to be addressed. And thanks to the President and the Congress they made it work. That was a big success. 

Now, moving forward, perhaps it would be a good idea to bailout the American People with a trillion dollar bailout. At least it would help to improve the economy, while at the same time improving everyone's quality of life. Together, united, we can achieve the American Dream for every American who wants to live the dream.

May the best win the Presidential Office this year! Good luck, high regards, and high honor.


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