Reasons and Fixes for the "Economic Crisis"

What will happen from “bailing out” these companies? Will legislation change to assure that when we do spend the $700 billion this won’t happen again? What happens when in 5 years the same economic policies fail us again? Just another bail out? What, until there is no more money left in America? Is that the foresight of the future? If I went to my job and created this type of situation is anyone going to bail me out? How many other small businesses have had to go out of business and they won’t get a bail out!
How do I teach my kids to be responsible when the government doesn’t exemplify responsibility?


Instead of bailouts which are a very nice and easy way to shirk responsibility, Republicans should take responsibility for their failed “fairytale economics”. McCain now says lets not play the blame game and fix the problem; well it’s the republicans’ failed fairytale economics that got us here, so, if we examine how we got here, well know how to get back.

Republicans thought they could ship jobs over seas with no repercussions. In the 40’s and 50’s people would get ran out of town on a rail for suggesting such unpatriotic ideas, but today being unpatriotic is popular especially for Republican business owners.


It doesn’t take a genius to see that if you ship all the work to other countries, you can’t collect taxes in general and you certainly will have a smaller amount of people that can afford home loans. Also never considered by republicans is that all the money that gets paid to China and India for doing all our work, goes strait to their economies and relatives / family. That money leaves the American economy forever. These ugly facts about outsourcing is the reason we are in this mess. If jobs stay in America people can get loans and can pay them back. This is the backbone of the economy as you can see, and now that this has been removed, the backbone is falling apart. All I ever hear from republicans that support outsourcing is how outsourcing makes it so a business can grow and flourish from all the savings they get from outsourcing, and that will create jobs, but what if those making that profit stick it in their bank accounts instead of growing their business? Then there still is no growth and no jobs. So fairytale economics doesn’t work, it only causes banks to fail and that leads to depressions.

So then what is the fix?

1. If the republicans take responsibility and say that they recognize they got us into this and they are willing to relinquish control so we, the democratic working man can step in freely and fix the problem, partisan politics will now have been removed, and republicans would be able to at least take credit for that.


2. Outsourcing is the “source” of this catastrophe. All that needs to be written is legislation to forbid outsourcing, in the immediate future. That will create a massive amount of new jobs that will have to be filled if a business is to survive. Sure they will have to hire less employees but that’s the price they pay for making so much extra money for the last 8 years when the rest of us have had to starve.