Current Economics
There is no need to begin this article with
addressing the many problems with our economic situation in America.
Every person who has been in the position of being a consumer has felt
the drastic downsizing of the dollar to a point of near evaporation.
Those of us who can remember the "good old days" when the American
dollar was at it's strongest point (post World War II era) between 1945
through the late 1960s also remember that period as a time when our
economy was booming. There were plenty of jobs in a wide variety of
industries for those seeking work. There was an abundance of tangible
goods and services available in our society and the "middle class"
seemed to be in a stable position.
Then something strange began to
happen to our economy in the late 1960s. Since every event that occurs
within a country is interconnected with its economy in some way, the
effect that the Vietnam War had on Americans was no exception. That war
polarized this country during that period and there were many heated
discussions concerning right and wrong stances. Without dwelling on this
subject I believe that history has proved who was correct.
This
was also a period when new words and terms were being added to our
vocabulary and ways of describing newly created situations and
circumstances. Retrograde, shortages, odd-even gas lines, and Reganomics
were a few terms created at that time. Since that time, the American
economy has been in a downward spiral for a variety of reasons with the
main culprit being greed. Many business and financial mistakes were made
and the ripple effect has touched each and every one of us.
What Can Be Done To Reverse This Trend?
There
was a time when countries worldwide sought premium American goods and
services. I believe that American prominence and ingenuity can be
restored with some major "tweaking", a fresh look at the current world
situations business wise, and hard work and determination. We must take a
look at all logical, workable solutions to this issue.
One Possible Solution To Ponder
Many
American business have shifted their manufacturing and customer service
sectors to "off-shore" countries to increase their profits. We all know
how this has affected the job market here in America. Might I suggest a
compromise at this point?
Since the original businesses were
started here, why not return at least 50% of the work that is being
farmed out offshore to American soil? The qualified workers are already
in place, there could be tax incentives offered, the quality of products
would increase, and customer service would greatly improve. Another
advantage is that workers would have more dollars to put back into the
economy here which would help to restore pride (in a good way) in our
democratic society. With a 180° attitude shift in thinking and a few
other areas, this could possibly be a balanced, win-win, workable
solution for all concerned. The solution described here could be the
step necessary to reverse our downward economic spiral.
Profits involve more that financial gain in the long run. This suggestion might be something worth pondering.
Source
One Possible Solution To The American Economic Dilemma
Posted by CB Blogger
Blog, Updated at: 1:13 AM
