Be specific.What would you have done differently to stimulate the economy that would have been more effective?
The auto industry in the US has been retained and jobs remain here in the US for Ford, Chrysler and GM as a result of the bailouts that have since been repaid. Our economy is showing continued slow improvement with jobs being added since 2009. Without giving general answers, what would you have done differently? And how can you demonstrate that it would have been more effective than what has occurred over the past 3 years?
Asked By: Scott - 1/7/2012
Best Answer - Chosen by Asker
Haha teacherfrog was completly wrong on every one of his ideas. The war does not cost anywhere near a trillion dollars a year. The total for Iraq was roughly a trillion. The government actually made a small amount of money compared to what was originally lent out so unless you are stating that you would raise taxes it... More
Answered By: kyle - 1/7/2012
Additional Answers (4)
I would have used all of the bail-out money that was given to Bankers, Wall Street, and the Auto industry to create jobs upgrading and repairing the infrastructure all over the U.S. Have you taken a look at most of the highways and bridges across the country? They are abysmal. AND.. I'd have made extra sure none of... More
Answered By: Geri42 - 1/7/2012
Instead of bailouts I would have given a complete income tax holiday for the amount of all the bank and auto bailouts... More
Answered By: teacherfrog52 - 1/7/2012
The way proposed by the IMF in every financial crisis,and based on these experiences it worked.Austerity program, shut down the bankrupt financial institutes and companies, new rehabilitation plan including new foreign investment, separation of the non-performing loans, repayment the debts by bringing assets on sale by... More
Answered By: Anjaree - 1/7/2012
US has been flooded with easy money so they lost vision about value... More
Answered By: Mukesch Kaley - 1/7/2012
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