Ronald Reagan would know what to do.
Don’t get the government involved in trying to “fix” everything.
When the government bails out sick companies, it has to take money away from healty companies in the form of taxes, or it has to borrow money (which makes it harder/costlier for healthy companies to borrow money.)
Creating a bunch of new regulations just creates more red tape that makes it harder for healthy companies to do business.
The solution is the same as it was when Reagan took office in Jan. of 1981 and inherited Carter’s disaster of an economy. Cut taxes. Not just a little, but a lot. Cut them for business even more to help healty companies expand and help others start new businesses (and so we quit taxing businesses to the point the move overseas to avoid our 2nd highest in the world corporate tax rate.)
Reduce spending. Every dollar the government spends is a dollar a business (you know, those things that create jobs and drive the economy) can’t invest to create jobs.
Ronald Reagan would know what to do.
As an add on to my Reagan post:
Reagan took over a disaster in 1980. When he ran for reelection in 1984, he won 49 states.
The Republican party has been running from Reagan for too long. Why? They beleive the MSM/Democrats constant refrain that the American public hated Reagan.
You don’t win 49 states because the American people hated the job you were doing!!!!!!!!!!!!!!!!
Yet Bush-1 and Dole ran as “moderate” Republicans because they thought it would attract swing voters. Bush-2 gives lip service to Reagan, but doesn’t put his ideas into practice.
You don’t win 49 states without winning “moderate”/swing voters!!!! Wake up Republicans. The solutions to this is to go back to what worked to fix our last economic crisis. Reaganomics isn’t a dirty word, it is the what won 49 states in 1984!!!!