It seems like 2016’s economy will be similar to 2015’s. While reading an article on "Economy in crises" I read about how Americans need to realize that this threat is self-generated. In the past 30 years, the U.S. has sold out about 61, 613 of their best companies, and in result has increased the number of American-registered foreign-owned companies. By selling these companies we are also selling its profits overseas. Not only is the U.S. in a major debt but we are barely making our own products. Patrick Kellen mentions that, “We now have a service (servant) economy with low-paying jobs, and citizens are piling up personal debt. Their homes have lost value, and with employment drying up the average worker will be lucky to pay interest on what they owe”. Our government constantly barrows money to pay off loans and as a result we go back to debt; it’s a never ending cycle. The united states government needs to focus on rebuilding Americas economy before it’s too late.
According to Patrick Kellen there is a solution to this problem, “it’s simple: tax imports, regulate foreign commerce, stop the sellout of America and get out of foreign wars that we can’t afford”. As an American, I worry that this country will no longer be great again but rather it will be poor and corrupted. The answers are in front of us so why is our government not stopping but rather making the economy worse? I would like our next president to help prevent the U.S. economy as well as its debts and help make this country better again. This is why it is important for Americans to go out and vote.
So I'd recommend burying the URL at the bottom in the title of the article above so readers know exactly where the content came from. And I wonder--can you expand on the import discussion? Don't we tax imports already? Which ones? And is that the main issue? Isn't it possible that individuals and groups made profits on the sale of those companies?
ReplyDeleteI'd really like to see this turn into a synthesis of data on the web!