My economic plan:
Part I:
No bailout. Let the banks fail. Let the gamblers loose their homes. Let the CEO's make their profits and choke on them. It is a natural adjustment. Let lending stop for a while. It is a myth that economic growth can continue indefinitely without artificial stimulus. Let the system collapse so that it will come back strong. Not 'with a crutch' strong but newly built strong.
Part II:
Permanent balanced budget.
Your taxes would rise and fall proportionate to our elected government's spending. Congress can vote for spending all they want and the american voters pay for it then and there with a flat tax across the board based on percentage of income. We pay 30% taxes now and Congress votes in more spending? Taxes go up to 33%.
Part III:
Energy infrastructure.
The US govt. builds windfarms, geothermal plants, wave generation and water makers, solar on every rooftop, electric cars, electric corridors etc. This ends unemployment. We invest and then export to China, India, Euro, Africa. Oil countries and pro-pollution companies switch or go bankrupt. No coal or gas toxins in the air for our children to breath. Everyone wins.
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