Friday, September 26, 2008

the Solution to America's Crisis

The answer to America's current fiscal crisis is in trickle-up economics. We need to spend 700 billion dollars on infrastructure, not for bailing out banks. This plan will employ many of the recently out of work citizens. It would be something that would bring all of us up together. It would make us stronger against terrorists that could target our weak infrastructure. It puts money in the hands of working people in contrast to bankers, which are not a productive part of the economy. The markets need liquidity, but not by patching a failed system. A free market has to allow companies to fail - it is natural selection. All this bailout is going to do is partially nationalize the banking industry. We need to invest in our fundamental structure in order to provide a strong future.