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To: arete
We just went though a Bubble economy in the last 4 years. What are your solutions? High tariffs? Force people to buy expensive items that is only made in America?
63 posted on 05/25/2003 6:52:38 AM PDT by KevinDavis (Let the meek inherit the Earth, the rest of us will explore the stars!)
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To: KevinDavis
"We just went though a Bubble economy in the last 4 years. What are your solutions? High tariffs? Force people to buy expensive items that is only made in America?"

I'll take a crack at this, even though this was not addressed to me. Lower domestic taxes dramatically and increase tariffs. Let the consumer AND business decide to buy either the domestic or imported goods. But don't let government policy be the deciding factor. Right now, because of our tax structure, it's cheaper to buy imports. Take away the excessive taxation of the citizen and business, and domestic producers would expand dramatically.
66 posted on 05/25/2003 6:55:07 AM PDT by Beck_isright (When Senator Byrd landed on an aircraft carrier, the blacks were forced below shoveling coal...)
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To: KevinDavis
What are your solutions? High tariffs?

Why to go from one extreme to another? Moderate tarrifs, calibrated to level playing field and to balance trade. Balanced and fair trade is good as opposed to the predatory, short-sighted economical "policy".

68 posted on 05/25/2003 6:56:52 AM PDT by A. Pole
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To: KevinDavis
High tariffs?

Without American businesses paying taxes to our government, plus American labor paying taxes to our government, we still have the ever-increasing government hand-out programs and other high cost of government. How do we pay for it? How do we pay for the care of all the unemployed and underemployed. Medicaid has skyrocketing costs.

76 posted on 05/25/2003 7:13:54 AM PDT by FITZ
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To: KevinDavis
What are your solutions? High tariffs? Force people to buy expensive items that is only made in America?

We can start by getting big government (and their clueless lackeys at the FED) out of the economy all together. Ironically, those who post here all agree that central planning (as in socialism) doesn't work yet at the same time we expect a handful of morally corrupted and Wall Street sponsored politicians to provide us with an articficial fix. The ONLY solution is to suffer through the pain of the hangover from the 90's party and then rebuild on a solid economic base. Let the system clear itself and then move on. Central planning didn't work for the communists and socialists and it isn't going to work for us either.

Richard W.

95 posted on 05/25/2003 9:07:39 AM PDT by arete (Greenspan is a ruling class elitist and closet socialist who is destroying the economy)
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