When it comes to the solutions of the world's economic problems it stems mostly from a deteriorating economy within the U.S., which was not too long ago the world's strongest economic leader. Today it seems that the organizational structure of not just the government, but also the entire infrastructure of the U.S. is fouled up, by less progressive thinkers, and simply leaders who just "do their jobs", so as to promote themselves, and move on to the next task to add to their egotistical resume. All the while, nothing, absolutely nothing is being resolved. It's as if those not leading are being paid a lot of lip service, in order to sustain a system that our leaders have no idea how to manage.
Obama, working on a weekend, today, announced to Congress that he wants some kind of a plan implemented immediately, in order to get the economy back from its coma-like state. He wants to create more jobs, and ease up financial pressures on already financially burdened families, yet the Congress still feels it can solve our problems by using the age old stimulis solution, of which it is not. What the Democratic congress does not seem to understand, is that in a time when a Democratic president-elect is trying to push better solutions, the Democratic Congress is still sitting on Bush's Republican fence of stimulus initiatives, which have been proven not to work at all, and are beginning to drive a bigger hole into our collective wallets.
The most important thing the U.S. government needs to do is to focus on pouring money into infrastructure. Don't just hand money over to the people directly, which isn't even that much money in the first place, when divided among millions of taxpayers. Drive the money into education, utilities, progressive energies. Promote more tangible investments into the private sectors that can develop toward these industries. What Americans, and their leaders need to do is withdraw from old industrial economy, and begin to think in terms of investing in not the concept of the future, saving our environment, or giving better pay to teachers, because the ramifications of not supporting a newly reformed economy go way beyond those premises. There is no need to support a financial system that reworks itself repeatedly, in order to just turn money into a larger amount of money, which in the long run does not create a consistent and solid foundation for any economy.
If you place our economy up against globalization, it fails to move forward, if at all. American workers are compelled to get in their cars each morning drive an average hour to work and back each day, in a technically wired world, where individuals have become successful starting up Fortune 500 companies in their garages. Yet, millions of people still contribute to the workforce in the age old industrial complex's demand for proximity workers, being in the office. Not only does this drive up our already heavy demand for more oil, but it is wasteful and inefficient to on the job time. As the author Thomas Friedman states, "The more the workforce feels mobile – in terms of health care, pension benefits, and life-long learning possibilities – the more it will be willing to jump into the new industries and new job niches…and to move from dying companies to thriving companies." With kids in school being diagnosed with ADD, Autism, or a plethora of other learning disabilities, employees in the technology sector jumping from job to job (due to fast paced changes in tech progress), and the growth of information flow, it would only make complete sense to rearrange the system around the workforce. Employment benefits nowadays are not only too static for the economy, fits the old industrial mold, and it is not flexible enough, and often is not transparent, not allowing employees, as well as employers to grow, learn or innovate.
So let the financial firms collapse under their own faults. There is also no need to support an auto industry that has failed to change its business model of many decades, simply on the premise that change would be too costly, and would not benefit other inter-related industries like oil, which depended so much on the auto industry. Shut off the supply of funds to these industries. They are old, they are outdated, they damage our environment, they resist progress, they are failing to profit, simply because they are no longer a benefit to any economy.
The economic signs are all pointing in the direction of wealth redistribution. Not for the sake of benefitting a new group of special interests, but simply for the fact that our current industry's structure is simply dysfunctional. It may have been prosperous and thriving 50 years ago, but in this day and age it is just plain old, and not competent to live up to all the new factors that were introduced in that past twenty years. A redistribution of investments, and interests in the aforementioned industries would be much more capable of promoting growth, not just financially, but also professionally for those who are responsible for building it. It would be a revival for the American economy, and by indirectly funneling finances into these new industries, a wealth of new jobs would be created, Wall Street would gain from an increase in tangible investments, and the economy would not just rebound, but would stand itself up, independently.
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