Beyond repairing roads and bridges, what else is the solution to current US Recession?
Asked By: Amir - 10/12/2011
Best Answer - Chosen by Asker
The only solution of US recession is a drastic increase of taxes on the wealthier part of the population. Taxes on top incomes have not been as low as they are today since Great Depression (about 25%) It took increasing taxes to about 77% on incomes above $ 200 000 to bring the economy back to health after the Great... More
Answered By: NiKKi - 10/12/2011
Additional Answers (9)
Repairing roads and bridges is fine if people have a job to get to. No sense fixing stuff that won't be used. Fixing that stuff is short term, -- there still has to be jobs.
Answered By: Brainwidth - 10/12/2011
First and foremost is to get Obama out of the way. Repeal all the job-killing regulations that have been placed on our businesses. Repeal Obamacare. Stop the vulgar spending. Did I mention getting Obama out of the way?
Answered By: Kaci - 10/12/2011
reduce littigation to bring back manufacturing facilities from abroad . Reduce Union's power reduce minimum wages allow people to work freely Too many labor and union laws have killed american competitiveness
Answered By: tillan2k - 10/12/2011
There is rarely a "magic bullet" to fix a problem. But I think in this case there is a simple solution to the problem. Legalize fossil fuels in America. I never understood the liberal position on this issue. Burning expensive fossil fuels from overseas does not cause pollution but burning cheap fossil fuels from... More
Answered By: bill j - 10/12/2011
Fair Trade... which means "Leveling the Financial Playing Field", concerning CHINA...
Answered By: Michael - 10/12/2011
I read an article this morning about a contractor that built a house with ALL american material - if they all did that we would have a lot more jobs at home. The Govt. needs to take away a lot of regulations that make it hard to do business or open small businesses. We are way overloaded with red tape. P
Answered By: † PRAY † - 10/12/2011
Setting a great goal for the country. Like, by year ___, the USA will be by far the greatest country in the world in the area of ____. Fill in the blanks... More
Answered By: k jones - 10/12/2011
Eliminate the huge intrusive government. Roll back all the rules, regulations, and red tape which are killing businesses. Lower the high taxes which cause companies to move to other countries. Repairing roads and bridges with money burrowed from China will not help the economy at all. Balancing the budget will help... More
Answered By: cbjack - 10/12/2011
A tax increase did not end the great depression. A little event known as the Second World War ended the great depression.
Answered By: Ed Smurf - 10/12/2011
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