Economic Fundamentals

[Coexist]

Run time: 00:31 https://www.youtube.com/watch?v=nzXiqAMR550   Posted on YouTube: September 16, 2008 By YouTube Member: Views on YouTube: 0   Posted on DU: September 16, 2008 By DU Member: Coexist Views on DU: 726

 

[trthnd4jstc]

1. Offshoring more than half of all of the middle class paying jobs helps to ruin an economy.

How do we move ourselves out of the place that we are in now?

We need to do something about this.

Sen. Obama has a good 4 year plan, but we need the next 2 to 4 months dealt with now.

I wish I had a suggestion. It seems we have to print more money, and get more money out into the markets, but when we do that we weaken the dollar. Weakening the dollar increases inflation, so we would have to increase the taxes on the rich, which as all Republicans like to say will heart investment, and ship more jobs oversees. There should be a tax penalty for shipping any more jobs oversees. The offshoring of these jobs is part of what led to the mortgage crisis.

We need some good news, and some geniuses to help us get through this, or we will enter another depression.

[szatmar666]

2. this is a decade long recession at a minimum, like the 70s

with a really good leadership...it can be a new great depression if we had a dumb leadership...oh, wait...

[Bette Noir]

3. Yay.

He's hitting back faster.

[SuckItTrebeck]

4. Hey, that's my ad!

Couldn't figure out how all of the sudden I had 500+ hits on YouTube. I only had like 20 the day before.

Saw DU linked to it.

Decided to set up a user name and account.

Thanks!

I'll be putting up another one tonight.

[unhappycamper]

5. Welcome to DU, SuckItTrebeck!

Nice video and I look forward to many more. :thumbsup:

[Coexist]

6. Cool - it was a good one.

[SuckItTrebeck]

7. Thanks

I've got one with Carly ready to go... just waiting for it to finish processing on YouTube.