Tuesday, November 25, 2008

Problems In the US Economy - Easily Overcome With a Slight Boost in Consumer Confidence

We can propel our economy out of recession and quite easily. It is unfortunate all the doom and gloom in the media about the greatest economy ever created in the history of mankind. The US economy will soon surpass 20 Trillion Dollars per year, most likely before 2010. Today we do have a few challenges, but that is just part of the natural and normal economic cycles. Now then, to the critics, I say;
I will certainly not be one to deny what you have stated here about the Iraq re-stabilization efforts. I do concur, my dear sir, that it is much too costly, and it a very poor use of our national treasury, unless the oil there is used to pay back down our debt for our involvement. Indeed, that is a whole other issue of epic proportions and such a debate will rage on forever, but a trillion plus dollars on Iraq is nuts anyone who would debate other wise is fully of poppycock.
And I say to the critics of the strength of the US economy that; no doubt that the cost of milk, meat, heating fuel, energy, and diesel fuel and gasoline is huge and those costs are rising. Diesel fuel costs are causing wholesale inflation, let's call it an invisible tax or artificial inflation, on everything else, and that on top of the issues that too there is real inflation on consumer goods, not necessarily having to do with transportation, and distribution fuel costs, but other factors. Some of the increased prices are finally, moving up to where they should have been all along, yet hardly an opportune time, considering all the other issues you mentioned, as have I.
The pumping of more money into the economy to shore up (Economic Stimulus Plan) things now will only cause more inflation, having government try a spending economic bailout package is counter to sound economic theory, but politicians will promise anything to the mob in order to get elected. Still, the thought of recession + inflation is no fun either, we've lived through that before.
And on top off all that the monetary flows out of the country due to un-balanced and unfair trade (as if there were ever such things as utopian free trade) is assisting in the of sinking dollar further. Although, that might have been considered a strategy of past administrations, it is not a viable long-term plan, as in previous periods as our manufacturing base has been eroded by over regulation, outsourcing and competition where labor is cheaper.
Indeed the over all economics is global and local and everywhere in between including the largest chunk of the consumer dollar is about as local as it can get, the individual's pocket book. And their individual circumstances, which you allude too and in which I am in agreement of, to deny your statements, would be words uttered in pure hokum.
In fact, I doubt I would disagree with the critics of the US economy or the challenges we face on the road ahead or on the ailments of our current economy or the repercussions. Now then, my good sirs, I hereby propose a grassroots marketing effort to shore up the loss of trust and consumer confidence in our nation's great economy. So, I ask what say you about a strong and united effort to do just that?
Do you believe that an organized grass roots effort with 3-5 small business people, professionals and influences per town in rural areas and 4 teams of 4 each (16) per DMA putting forth, pre-packaged information to shore up the negative media momentum would be a good start in slowing negative consumer sentiment. All this in an effort to boost consumer confidence, using it as a battle cry of "unity in motion" to bring the nation together in a common cause in healing itself is a good idea?
Because, it can work and it is a start and this industry is not the only one which would get behind it. Too, we must remember the largest employers of all are our small businesses employing 75% of the workforce and accounting for 10% of the population as those small business owners. The NAR, would jump on board, once the program got going, so would others in many industries. There is power and synergy in the numbers represented here, and real estate people being natural "influencers" only makes the pie even sweeter. What say you?
"Lance Winslow" - Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/. Lance's Bio
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