March 12, 2008 8:42am CST
We all know that the US economy is heading downhill. My question is: what needs to be done politically to fix this problem? I live in a small town in Northwest Virginia. I just read online that the town council just voted to cut the budget by $150,000 by June 30! The gas prices continue to rise, and I believe that this rise in price is having an extreme effect on the economy. If we could just lower the price of fuel, then I think we would see a tremendous boost in the economy. The point is something needs to be done and fast. I believe that the government needs to take charge and handle the situation before we end up in a depression like the 1930's. We as citezens need to be prepared to pay more taxes as much as that may hurt. We need to look to the future. We may have to do without that brand new car this year in order to be able to have a job a few years down the road. The first step is getting a new president. Then we need to find a way to pull out of Iraq. We are spending more money there than we can afford. As much as I hate to say it, we need the government to come in and set capitalism aside for a while and get this economy going before it is too late. What do you all think? Will a change in government solve the problem, or do we need to do something else?
• United States
12 Mar 08
I agree with you. Our economy is very rocky right now. Don't look for gas prices to go down anytime while George is in office. He has too much invested in oil companies. I think it is a big conflict of interest when you are president and you make profit off oil. We have a little joke here at home. Every time the gas prices go up we say George must be saving up for retirement before gets out of office. He had the ability to put a cap on oil prices in the past and never did so. The other problem is not just spending trillions on the war but we keep making more paper money. The more money they make the less our dollar is worth. I hear old timers talk about it gonna get bad. It' gonna be like the 30's again. I fear they may be right. With people loosing jobs to over seas. The government thinks that sending this money to us in May will help stimulate the economy but we all have to use it to pay bills. I new president will help but it will take years after being in office before we will see a difference. It won't happen over night. I don't feel the candidates out there now have what it takes to get the job done. We need someone who will stand up to big companies now someone in their pocket. Like Hillary and the health care industry, watch the movie "Sicko." The best person for us is Ralph Nader. He has had a lot of bad press but you have to look beyond that. He has done more for our country than any living president has. He is one of the greatest human rights activists. If you get a chance look at all his accomplishments. He's not afraid to stand up to big business. He is the reason for so many acts being passed like the clean air act or clean water act. Anyway, even with a new president it will be a few years before our economy will turn around. No jobs, hi gas pricing, housing market crashing. We're in for a bumpy ride so hold on. It always gets better before it gets worse. Start investing in things like gold and especially silver. Our dollar is steadily dropping. Silver is on the rise big time. This will help out if things get really bad.