Here’s a novel old fashioned idea— dont spend more money than you take in. Apply that across the board and we would all collectively be in much better financial health.
Part of the problem is that when we were irresponsible we spent ourselves into ruin with record debt, and now that we’ve learned our lesson and spending less/addressing debt our whole Wal-Mart economy shuts down. This is why Pelosi said unemployment is an economic booster; she was looking at the consumer end, while stupidly ignoring the fact that the money has to come from somewhere.
Foreigners are no longer being trafficked here as workers; they are being trafficked here as spenders, and our government is quite happy to just hand our tax money over to them so they can go spend it.