The Problems With the World

[lbxzero]

One man can look at lowering interest rates as an opportunity to start a business or take out a loan.  I, on the other hand, look at it as a double edged sword.  The loan interest rate goes down, but so does the investing interest rate.  If my dollar is earning less in interest rate, I may not loan it out.  Thus, there is no money to loan because

Comments

[anoxos]

Well, then the answer for an average person would be to focus on buying "Made in the USA" products. Gee, where have I heard that before? If more people sat down and thought things through instead of letting others think for them, maybe the country would be in better shape. Hard to say, human nature being what it is...

[lbxzero]

Focusing on "Made in the USA" products is not the real solution. The crude oil we use is bought from foreign sources. What really needs to happen is the U.S. government needs to provide incentives for companies producing products for use outside of the U.S. We buy oil, but we need to sell something that those countries want in exchange for the cash, ultimately in exchange for the oil.

The U.S. citizen does not understand the full value of the dollar. It is only a sheet of paper when not used, and pre-printed paper has very few uses.

[anoxos]

I qualified my statement "the average person". As a non-government-employed average guy, I can't make incentives such as you propose. I CAN patronize businesses that grow local produce, sell USA-made products, car-pool to use less gas (I don't even own my own vehicle, outside of a bicycle)...
Sometimes the 'big answer' has to start small.

The closest I can do is vote, which I do, but finding the right candidate is like a shot in the dark. Even if they promise to do the right thing, it doesn't mean they will.

[lbxzero]

Often, the better candidates do not want to get involved. They are afraid of the social damages that may... will occur.

What businesses forget is that the value of the U.S. dollar is backed by the productivity of the U.S. population.