What is the solution to solving the economic crisis?
This is a serious question, so I need serious answers. If we all know the causes of it, what about the solution. What do you think will help turn the economy back up? I am not asking for dumb answers saying "eliminate the liberals" I just want a smart intelligent answer
Asked By: Stickboy - 12/26/2009
Best Answer - Chosen by Asker
It's already on its way back. See the IMF report linked below... More
Answered By: Elvis - 12/26/2009
Additional Answers (15)
i don't know
Answered By: Darren - 12/26/2009
I don't know anything about the economic crisis, and I assume that economic crisises are cyclical in nature, so I assume the solution is to wait...
Answered By: Philip H - 12/26/2009
We need more spending to stimulate the economy and job creation. Otherwise, we will be stuck in a liquidity trap.
Answered By: longhaired freaky person - 12/26/2009
Well for one thing, we need to stop going in to wars we can't afford.
Answered By: rica. - 12/26/2009
Helping small business...and they have stated over and over that they need more certainty for the future. They do not want the added taxes and costs due to this health care bill, cap and trade and all the other expensive policies Obama is pushing.
Answered By: misty19492000 - 12/26/2009
There is an answer, but many people don't like it. You don't hear much about the depression of 1920, because they cut government spending dramatically and cut taxes. It worked then and it would work now. http://www.meltingpotproject.com/mpp/2009/02/the-great-depression-of-1920.html Grandpa
Answered By: Computer Guy - 12/26/2009
Impeach Obama. That will immediately give a huge bump to the economy.
Answered By: John - 12/26/2009
Although many are suffering the smartest minds in our country have come up with solutions that are working. Personally I would like to see some tax incentives for businesses to add jobs and we may see that soon... More
Answered By: Rico - 12/26/2009
Focus more on jobs, less on health care, jobs will create tax dollars to pay for health care and will cause people to start buying and selling.
Answered By: On the Right Side - 12/26/2009
The economy is turning around - slowly.
Answered By: Jesse - 12/26/2009
..If we knew, we wouldn't be on yahoo answers, would we?
Answered By: jklmess - 12/26/2009
Something like FDR's WPA
Answered By: bluechristy - 12/26/2009
Stay the course. A thousand points of light.....OR.....conservatisim. Sorry, old man......
Answered By: PC ANTAGONIST - 12/26/2009
To tap our energy sources.. Oil, gas and coal are not evil.. We use it so, let's use OUR oil.. Makes no sense to buy it from the Mid east when we have our own.. I am all for the green thing but, not to the extent of ruining our economy. Let's get back on our feet before we go ape about green... More
Answered By: Fonz - 12/26/2009
Across the board reductions in government spending. Then cut back taxes especially the capital gains tax. Also end Social Security. Give everybody a refund for the exact amount they have put in to that system. That would be a real stimulus. Sell the rights to drill offshore to companies on the provision that they hire... More
Answered By: satcomgrunt - 12/26/2009
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