American Funds New Economy

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Mary Said:

Do companies create new jobs because they are rich or because there is demand for additional products?

We Answered:

Demand creates jobs.

There's over a trillion dollars being sat on by "small businesses" and corporations, where are the jobs? Nowhere, that's where.

Kathryn Said:

I need this question answered about the American Economy?

We Answered:

Excellent question. Here's one take on it: http://www.youtube.com/watch?v=uiahkKvd1…

Julia Said:

What will happen when the most powerful nation realizes it has no money.?

We Answered:

The truth is that their isn't any money. This country is bankrupt. When people finally realize it I am pretty sure we will see chaos. The left needs to wake up already. This continued spending has got to stop already. What do they think they are spending? They are insane and the only answer is that they are intentionally trying to destroy American sovereignty.

Patricia Said:

Can the US economy handle $850 billion in new spending?

We Answered:

Excellent post, I see you did your homework.

In a nutshell, Obama is promising things he cannot provide just to get elected. His numbers dont add up. And he's gonna cut taxes for 95% of the people on top of that??? lol

Not to mention his 840$ billion Global poverty bill
America we have to stand up now and stop this and keep our country
It's called the Global Poverty Act (S.2433), and it is being sponsored by none other than Senator Barack Obama.

According to some conservative sources, this disastrous legislation could eventually force U.S. taxpayers to fork over as much as 0.7 percent of the nation's Gross Domestic Product -- or $845,000,000,000.00 -- on welfare to third-world countries.

Here's what Phyllis Schlafly, conservative activist and founder of Eagle Forum, recently wrote:

"Obama's costly, dangerous and altogether bad bill (S. 2433), which could come up in the Senate any day, is called the Global Poverty Act. It would commit U.S. taxpayers to spend 0.7 percent of our Gross Domestic Product on foreign handouts..." [Emphasis Mine]

Myrtle Said:

Did you know I rescued the economy and funded job creation...?

We Answered:

That sounds just like something the President of the United States would say.

Christina Said:

How will the economy adjust to the coming obsolescence of the automobile as a means of mass transport?

We Answered:

first the economy is flexible when it adjusts to change. As this type will not happen over night anyway. Jobs will shift and modes will change. The 3 big ones are dropping in the ratings even as we write.

The problem will not be oil and gas by the way, the math is simple there are too many cars on the road, in ten years rush hour will run from 4AM to 12 noon and 2 PM till 8PM. right now in DC wwe go from 5am to 10 am and 4pm to 7pm. Parking spacing will become (or have become) something to kill for. At the rate of new drivers each year and old ones not falling off the system, we have overloaded the system.

rail however is not the working solution, it helps but will not solve the issue.
In Washington DC the rail (Metro) is a failure for two primary reasons.

First to get to a station to go anywhere most of the riders have to drive or take a bus to get to the subway. The end points where put in geographic spaced locations that do not server the masses.

Second DC and many larger cities became as planned de-centralized after the 1950's. The idea was 2 fold ease the crowding by having people drive in different directions and it was harder for the "commies" to bomb a city when everything was spread out. (poor logic in hindsight) this was during the cold war.

On the side also the Metro is totally government supported, it would go bankrupt and never would have been built without taxpayer money.

Bottom line is there needs to be another way to move the masses of people around.

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