Sep 8th 2012, 20:14:28
Looking back at how they spent the 800 billion, or much larger figures floating around I do not see any current political party as being viable.
24 million Americans out of work or underemployed, and no solution in sight. The kicker is they have money to burn on propping up the old system. i.e. when is the next round of Quantitative Easing QE3 going to be implemented?
33% of the 24 mil. out of work, could be put back to work as entrepreneurs with the kind of money they are throwing around. Many franchises can be purchased for under 100k, and come bundled with the equipment, business plan, name brand, training, and upper management, needed to make the investment work.
An alternative is providing the business planning services needed, vouchers to fulfill the business plan doled out as the business grows thru its start up phase. Not all businesses take $1-2 million to get off the ground. Another piece to the puzzle is to offset some of the licensing and regulatory costs to a later date when the business is profitable. The gov is already sitting on huge amounts of empty office space and unused equipment. So leasing office space and equipment for an offset amount to be paid later is not going to be anymore detrimental then leaving it empty and unused.
This is not a freebie, there would need to be an agreement between those getting the money for a business and the gov. Anyone helped under the system would pay slightly higher taxes for 10 years on the profits generated by the business, to pay back the initial investment. Or nay other creative vehicle the gov can come up with to get the money back. If someone fails to get the business going then it reverts back to the Gov to be handed off to another person willing to take on the responsibility.
We can continue to pay out, benefits to people on unemployment, and/or welfare with no ROI, or spend the money in a smart way and rebuild the small business base in the US. No large business is going to survive without a solid foundation to stand on. That foundation is small business. Our jobs come from and are directly related to this foundation.
I am not hearing anything even remotely approaching ideas like this to get people back to work. FDR used the money to hire people directly and put them to work on gov infrastructure projects. the key was bottom up, start at the bottom and give the money to the average worker, and then let economics take its course. Top down never works, and is only used to protect the status quo, which both parties are hellbent on doing.
24 million Americans out of work or underemployed, and no solution in sight. The kicker is they have money to burn on propping up the old system. i.e. when is the next round of Quantitative Easing QE3 going to be implemented?
33% of the 24 mil. out of work, could be put back to work as entrepreneurs with the kind of money they are throwing around. Many franchises can be purchased for under 100k, and come bundled with the equipment, business plan, name brand, training, and upper management, needed to make the investment work.
An alternative is providing the business planning services needed, vouchers to fulfill the business plan doled out as the business grows thru its start up phase. Not all businesses take $1-2 million to get off the ground. Another piece to the puzzle is to offset some of the licensing and regulatory costs to a later date when the business is profitable. The gov is already sitting on huge amounts of empty office space and unused equipment. So leasing office space and equipment for an offset amount to be paid later is not going to be anymore detrimental then leaving it empty and unused.
This is not a freebie, there would need to be an agreement between those getting the money for a business and the gov. Anyone helped under the system would pay slightly higher taxes for 10 years on the profits generated by the business, to pay back the initial investment. Or nay other creative vehicle the gov can come up with to get the money back. If someone fails to get the business going then it reverts back to the Gov to be handed off to another person willing to take on the responsibility.
We can continue to pay out, benefits to people on unemployment, and/or welfare with no ROI, or spend the money in a smart way and rebuild the small business base in the US. No large business is going to survive without a solid foundation to stand on. That foundation is small business. Our jobs come from and are directly related to this foundation.
I am not hearing anything even remotely approaching ideas like this to get people back to work. FDR used the money to hire people directly and put them to work on gov infrastructure projects. the key was bottom up, start at the bottom and give the money to the average worker, and then let economics take its course. Top down never works, and is only used to protect the status quo, which both parties are hellbent on doing.
Happy Hunting
Tigress
Tigress