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	<title>Comments on: The Economic anti-stimulus Package</title>
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	<description>Conservative Politics, Religion, Culture, and Anything Else</description>
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		<title>By: Daniel Steel</title>
		<link>http://axisofright.com/2008/01/24/the-economic-anti-stimulus-package/comment-page-1/#comment-2532</link>
		<dc:creator>Daniel Steel</dc:creator>
		<pubDate>Fri, 25 Jan 2008 09:07:23 +0000</pubDate>
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		<description>Your suggestions probably won&#039;t work well.  Most of that capital will simply flow out of America and be invested elsewhere.  It would work if we had a closed market and the capital was invested in our workforce, but it won&#039;t be.  In many ways the reason we are in this mess is because all capital flows out of America without it being invested here.  With that capital outflow is workforce knowledge and technology.

Until the value of our labor balances with China and India we will be headed for a recession.  Supply and demand will force the gap to close between labor costs.  So basically, the American people have to take a pay cut.  Instead our leaders want more tax breaks and such for the wealthy.  They also want Americans to spend money they don&#039;t have to fund globalization.  That is why the Fed is lowering interest rates but I have no idea who they have left for the banks to loan too.  Any big business will simply cut and run for greener shores.

Solutions.
- Americans take a pay cut to balance with global labor OR
- The main tariff, which is dollar, must balance our labor costs through inflation.
- Allow soverign wealth funds from China, India and everywhere to buy American assets.
- Introduce silver/gold/copper money into circulation.
- Allow the market itself to set interest rates instead of the Fed - long term.
- Honestly deal with the &quot;credit default swap&quot; problem, which appears to act as a bet against something and isn&#039;t investing value but gambling.&lt;div class=&quot;comment-remix-meta&quot;&gt;&lt;a href=&quot;#&quot; class=&quot;replyto&quot; onclick=&quot;replyto(&#039;2532&#039;,&#039;Daniel Steel&#039;); return false;&quot;&gt;Reply&lt;/a&gt;  - &lt;a href=&quot;#&quot; class=&quot;quote&quot; onclick=&quot;quote(&#039;2532&#039;,&#039;Daniel Steel&#039;,&#039;Your suggestions probably won\&#039;t work well.  Most of that capital will simply flow out of America and be invested elsewhere.  It would work if we had a closed market and the capital was invested in our workforce, but it won\&#039;t be.  In many ways the reason we are in this mess is because all capital flows out of America without it being invested here.  With that capital outflow is workforce knowledge and technology.\n\nUntil the value of our labor balances with China and India we will be headed for a recession.  Supply and demand will force the gap to close between labor costs.  So basically, the American people have to take a pay cut.  Instead our leaders want more tax breaks and such for the wealthy.  They also want Americans to spend money they don\&#039;t have to fund globalization.  That is why the Fed is lowering interest rates but I have no idea who they have left for the banks to loan too.  Any big business will simply cut and run for greener shores.\n\nSolutions.\n- Americans take a pay cut to balance with global labor OR\n- The main tariff, which is dollar, must balance our labor costs through inflation.\n- Allow soverign wealth funds from China, India and everywhere to buy American assets.\n- Introduce silver\/gold\/copper money into circulation.\n- Allow the market itself to set interest rates instead of the Fed - long term.\n- Honestly deal with the \&quot;credit default swap\&quot; problem, which appears to act as a bet against something and isn\&#039;t investing value but gambling.&#039;); return false;&quot;&gt;Quote&lt;/a&gt;&lt;/div&gt;</description>
		<content:encoded><![CDATA[<p>Your suggestions probably won&#8217;t work well.  Most of that capital will simply flow out of America and be invested elsewhere.  It would work if we had a closed market and the capital was invested in our workforce, but it won&#8217;t be.  In many ways the reason we are in this mess is because all capital flows out of America without it being invested here.  With that capital outflow is workforce knowledge and technology.</p>
<p>Until the value of our labor balances with China and India we will be headed for a recession.  Supply and demand will force the gap to close between labor costs.  So basically, the American people have to take a pay cut.  Instead our leaders want more tax breaks and such for the wealthy.  They also want Americans to spend money they don&#8217;t have to fund globalization.  That is why the Fed is lowering interest rates but I have no idea who they have left for the banks to loan too.  Any big business will simply cut and run for greener shores.</p>
<p>Solutions.<br />
- Americans take a pay cut to balance with global labor OR<br />
- The main tariff, which is dollar, must balance our labor costs through inflation.<br />
- Allow soverign wealth funds from China, India and everywhere to buy American assets.<br />
- Introduce silver/gold/copper money into circulation.<br />
- Allow the market itself to set interest rates instead of the Fed &#8211; long term.<br />
- Honestly deal with the &#8220;credit default swap&#8221; problem, which appears to act as a bet against something and isn&#8217;t investing value but gambling.
<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('2532','Daniel Steel'); return false;">Reply</a>  &#8211; <a href="#" class="quote" onclick="quote('2532','Daniel Steel','Your suggestions probably won\'t work well.  Most of that capital will simply flow out of America and be invested elsewhere.  It would work if we had a closed market and the capital was invested in our workforce, but it won\'t be.  In many ways the reason we are in this mess is because all capital flows out of America without it being invested here.  With that capital outflow is workforce knowledge and technology.\n\nUntil the value of our labor balances with China and India we will be headed for a recession.  Supply and demand will force the gap to close between labor costs.  So basically, the American people have to take a pay cut.  Instead our leaders want more tax breaks and such for the wealthy.  They also want Americans to spend money they don\'t have to fund globalization.  That is why the Fed is lowering interest rates but I have no idea who they have left for the banks to loan too.  Any big business will simply cut and run for greener shores.\n\nSolutions.\n- Americans take a pay cut to balance with global labor OR\n- The main tariff, which is dollar, must balance our labor costs through inflation.\n- Allow soverign wealth funds from China, India and everywhere to buy American assets.\n- Introduce silver\/gold\/copper money into circulation.\n- Allow the market itself to set interest rates instead of the Fed - long term.\n- Honestly deal with the \&quot;credit default swap\&quot; problem, which appears to act as a bet against something and isn\'t investing value but gambling.'); return false;">Quote</a></div>
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