These are the times that try men's souls." Thomas Paine. How appros for today. The United States is in a sociological, economical, and physiological crisis. It is no wonder the American citizen is now faced with an uncertain future and how did we end up in such a calamity?
Many factors have all attributed to this current economic meltdown. I keep looking back when my father was nearing retirement 40 years ago. What worked for businesses and the national economy then compared to today, what has transpired in that span of those forty years is a complete deterioration of morals, ethics, sound business and fiscal policies at all level.
What took forty years to create what is now the worst fiscal, economic, and social crisis of the 21st. century is a commutative subconscious effort on the part of corporate America to forgo what worked from the period of the late 1940's' to the 1970's. to adopt literately a script from the movie Wall Street "Greed is Good". as the way business is run today. Long gone are the days that businesses produced quality, durable, and affordable goods and services. It is no wonder why corporations like General Motors are faced with an almost un surmountable task of staying in business.
The United States cannot afford to let General Motors or any other major American Corporation fail. Already this current economic crisis has created a ripple effect all across the globe. With the rising cost of living compounded with the rising unemployment rates in all industrial countries is a major threat to each nations national security.
What Corporate America created in their thirst for the quick and easy profit has instead done just the opposite. We created as economic downward spiral of all the worlds economies. Now the task at hand is how to stop this economic domino effect and reverse the cycle of deterioration of economies.
This can be accomplished in five parts.
First: To immediately create economic momentum Congress must pass a stimulus bill aimed at working class Americans. For those who earn less than $50,000, for those who are unemployed, for those who lost their homes, and for those who are about to loose their homes. A sizable block grant to spend or pay down debt would prove to be a giant step on the road to economic recovery. "The more people with more disposal income to spend and save produces more economic growth."
Second: Corporations and businesses must step up to the plate in regards to living wages for their employees. The stagnation of the majority of the United States workforce wages is one of the key stumbling blocks in the way of producing effective economic stability.
Third: The United States Congress must pass Universal Health Care. A single payer plan similar in scope and efficiency as the English , European, and Canadian systems and rid ourselves of the bureaucratic Medicare and Medicaid which is so ineffective today. Having a Universal Health Care system in the United States will free up funding for all bushiness and in turn will produce more economic benefit for all.
Fourth: There must be a global regulatory board for all financial institutions to ensure each nations regulatory board is continuing to ensure financial stability. This can be accomplished through the United Nations and the World Bank.
Fifth: The United States must pass a National Economic Reform Bill that encompasses a sound energy policy for the reduction of green house gasses and ensures lasting domestic affordable fuel for all { this is in the Science and Technology article of National Economic Reform}, paves the way to restoring our nations credibility in the Global Community { this is outlined in the Trade Deficit Equalization article} provides for our National Security {this is outlined in The National Defense article of National Economic Reform and also In the Immigration and Homeland Security Reform article} and produces lasting economic growth and prosperity { this is in The Budget Deficit Elimination article}
Now is the time to do what is right for America."United we stand" in this effort must be the mandate for our new President and for each American.
