What would you do to revive the US economy?

Discussion in 'The Tiki Bar' started by MonacoMike, Nov 6, 2011.

  1. MonacoMike

    MonacoMike Well-Known Member

    Sep 15, 2009
    Indiana lakes and Lake Michigan
    2000 Cruisers 3870
    97 270 Sundancer
    85 Sea Ray Monaco 197
    8.2 Mercs,
    7.4 BII
    260hp Alpha 1
    My personal list:

    Reduce taxes on corporations to be the lowest of the top 15 producing nations.

    Stop crony capitalism, No government money to private business other than purchases.

    Eliminate the capital gains tax.

    Greatly reduce regulation and stop competitors from using it to hold others out of the market.

    Get the government out of business. From home lending to flood insurance.
     
  2. northern

    northern Well-Known Member

    Jan 17, 2007
    West coast Vancouver to Alaska
    380 Aft Cabin 1989 GPS and Charts by Nobeltec
    Twin 454 strait shaft
    This should be interesting.
    I have been through 4 of what we are in now. Each one seems to last a little longer and more people suffer. In the end things seem to get paid off by inflation. Think about it what a house was worth in 1950 and what the same place is worth today. Only constant is a case of beer cost an hours wage (minimum wage) in 1950 and it cost an hours wage today. The system in North America seems to work better than any other system in the world and has done so for the past 200 years. One of my aunts who is 90 lived through the depression. Her comment about the situation now is this generation needs a depression to teach them the value of money and hard work.
     
  3. HUMPH

    HUMPH Well-Known Member

    Nov 4, 2009
    SF BAY AREA
    2003 410DA,
    2004 C14 Caribe
    CAT 3126TA's 350HP/
    50HP Honda
    What kind of beer are you drinking? Even in the late 70's beer was twice the minimum wage. If we just get the government to spend efficiently things will improve. Stop all of the grants to research butterflies and frogs, make politicians accountable for what they expense and what they approve. Get control of the banks and large corporations and get them to keep the "headquarters" in the US instead in some Scandinavian City with a population of 15,000 for tax shelters. Too many loopholes for the big boys...
     
  4. Powderfinger

    Powderfinger New Member

    53
    Jul 21, 2010
    Lake George, N.Y.
    1994 230 Sundancer
    5.0L Alpha 1
    When I was young there were factories in just about every city in the U.S., both big and small. Many cities were founded on manufacturing. But today practically every one of these factories have closed down, boarded up and left to decay. Former industrial areas of America are now literal ghost towns.

    NAFTA and other free trade agreements enabled huge corporations to benefit from slave labor overseas to manufacture practically all of our goods. Politicians are not addressing this issue. Instead, attention was focused on stimulus, tax breaks, etc. Billions of dollars in bailouts were supposed to have helped. It didn't. Then Billions more in Obama's Stimulus Package was supposed to have helped. It didn't. Here we are 4 years into the worst economic freefall in our history and we're simply spinning our wheels.

    Both parties say "hi tech" jobs are coming and that will put America back to work. Obama's new "Job Plan" promises to create jobs through rebuilding our bridges and highways....Well what happens after that? Until manufacturing jobs return to this country, there simply will never be enough jobs for the millions of unemployed people to go back to work. And unemployment is the top problem in our economic woes. People can't pay for things, like their mortgages when their unemployment checks stop coming, as they have this year for millions. Foreclosures were at their highest in 2011 and 2012 will be similar. People can't afford their home payments, can't buy new cars, can't stimulate the economy! Real estate values continue to plummet in many parts of the country because of the glut of abandonned foreclosed homes diluting the market.

    The only REAL solution to the massive unemployment we are seeing now must include what is never mentioned in talk about jobs creations in the USA. That would be tearing up our so-called Free Trade Agreements and Favored Nation Status with China, Mexico, etc, and then implementing new tariffs and trade policies that would make it unprofitable for American corporate giants to import goods not manufactured in the USA. This evisceration of the USA’s manufacturing base was an incredibly short-sighted experiment that has gone on too long and has miserably failed. Protectionism IS a national good when it keeps jobs and the ability to produce our own basic needs here within our own borders.
     
  5. northern

    northern Well-Known Member

    Jan 17, 2007
    West coast Vancouver to Alaska
    380 Aft Cabin 1989 GPS and Charts by Nobeltec
    Twin 454 strait shaft
    In the 50ies a middle class family had one car. A vacation was a tenting trip or a visit to your grand parents. Until 2008 a middle class family had 2 cars and went to DisneyLand. Now it is all done on borrowed money. If we want manufacturing to return to north america we will pay more for goods and we will all be one car families again and learn to live on cash not credit cards. When I started to work I made 6900 a year. The same education gets you 40,000 if you can find a job.
     
  6. Pack66Dad

    Pack66Dad New Member

    Aug 26, 2010
    Browns Point, Washington
    1997 41 Convertible
    Caterpillar 3126 Diesels
    47b20s0.gif
     
  7. MonacoMike

    MonacoMike Well-Known Member

    Sep 15, 2009
    Indiana lakes and Lake Michigan
    2000 Cruisers 3870
    97 270 Sundancer
    85 Sea Ray Monaco 197
    8.2 Mercs,
    7.4 BII
    260hp Alpha 1
    This belongs in the protectionists thread. MM :lol:

    http://clubsearay.com/showthread.php/47391-Made-in-the-USA
     
  8. rickyp52

    rickyp52 New Member

    44
    Dec 27, 2010
    Lake St Clair
    1988 300SD
    350 Mercs Alpha 1
    A very large stimulus package of 1-1.5 trillion paid for with taxing the ultra rich and corporations their fair share. Sorry, you asked my opinion. Most of this could be accomplished by simply closing loopholes in our tax laws. Trying to feed our economic engine from the top down just ain't working folks. Nothing is trickling down if you get my drift. If tax cuts for the wealthy and corporations was the answer, where are the jobs? Big Corps and the ultra rich are sitting on oodles of cash, but they are not creating jobs, and why should they when there is no demand? Our middle class is dead and buried, and until the middle class is revived and once again the driving force of our ecomomic engine we are screwed.
     
  9. Four Suns

    Four Suns Head Pot Stirrer TECHNICAL Contributor

    Oct 4, 2006
    Williamsburg, VA
    2003 480 DB
    Zodiac ProJet Dinghy
    Yamaha 110vx WaveRunner
    QSM-11 Diesels
    Can you please connect the dots for me on how the government taking money from someone creates a job? Are you suggesting that the government impose some sort of non-income tax based on how much wealth someone has? So lets say I have a business that I built from nothing and I sell it for $40 million... give the state and feds $10 million... create 70 $100K/year jobs... decide to retire with $30 mil in the bank... Are you suggesting the government should keep coming back to the well and take more money every year? What is "fair share"? I'm doing the over 50% income tax thing now and have dopes telling me that it's not "fair share"... you watching too much MSNBC?

    My concern is that going after people who become successful means no one "new" ever has a chance of becoming successful... I guess that fixes the "envy" problem. The bottom line is there is no easy way to become wealthy. You have to risk a lot and then there is only a chance you get there. I applaud people who start with nothing, risk it all, and sit on "oodles of cash." There is no reason more people can't do that. My belief is the government can create opportunity but it's role is to not guarantee outcomes and "level the field." Someone needs to help me understand how "the man" is holding anyone back from starting a company... or is it people just want other people to do that "risk" (home on the line, etc) and then demand part of it.
     
    Last edited: Nov 12, 2011
  10. moparlvr4406

    moparlvr4406 Active Member

    Jun 29, 2011
    Lake Monroe Indiana Fourwinds H31
    1985 340DA
    1966 SRV180
    1960 Sea Ray 600
    (2) 1963 808 Cruise-a-bouts
    twin 350hp Crusaders 4.0 Onan /
    Merc 950 SS
    Merc 650
    Merc 1100
    twin Johnson 40
    I would do away with or radically modify the unemployment system
    Get able bodied people back to work
    I have 2 40K per year jobs at my shop I can't seem to give to someone that isn't even qualified to do the job. Because they c@an m/ake 450 a week to sit on their ass and watch tv AND make another 800 to 1000 in cash doing sidework
     
  11. alwhite00

    alwhite00 Active Member

    May 31, 2010
    Michigan
    1997 250 Sundancer
    5.7 EFI/ BIII
    Lower the gas prices to $2.50 or less - The economy will snap back into shape. It seems as if every time we get rolling a little bit the gas goes up and then it stalls.

    LK
     
    Last edited: Nov 13, 2011
  12. Four Suns

    Four Suns Head Pot Stirrer TECHNICAL Contributor

    Oct 4, 2006
    Williamsburg, VA
    2003 480 DB
    Zodiac ProJet Dinghy
    Yamaha 110vx WaveRunner
    QSM-11 Diesels
    I am having the EXACT same problem... I have college fresh outs telling me they won't work for 60K/year (biomed engineers) and they are living at home... getting student loans to "go back to school" instead.
     
  13. moparlvr4406

    moparlvr4406 Active Member

    Jun 29, 2011
    Lake Monroe Indiana Fourwinds H31
    1985 340DA
    1966 SRV180
    1960 Sea Ray 600
    (2) 1963 808 Cruise-a-bouts
    twin 350hp Crusaders 4.0 Onan /
    Merc 950 SS
    Merc 650
    Merc 1100
    twin Johnson 40
    I have customers complaining about pricing because they are on unemployment and I want to tell them to get out in the shop and fix their own car since in reality I pay for them to sit there and complain
     
  14. Pack66Dad

    Pack66Dad New Member

    Aug 26, 2010
    Browns Point, Washington
    1997 41 Convertible
    Caterpillar 3126 Diesels
    smiley-vault-signs-067.gif
     
  15. Pyrojodge

    Pyrojodge Active Member TECHNICAL Contributor

    May 1, 2011
    Lake Erie Ohio
    1989 Sea Ray 340 DA
    twin 454 Mercs
    As I've said before.. America home of the free....Loaders...
     
  16. rickyp52

    rickyp52 New Member

    44
    Dec 27, 2010
    Lake St Clair
    1988 300SD
    350 Mercs Alpha 1

    Things must be pretty good in Indiana if you can't fill 2 forty thousand dollar per year jobs. Do you offer health care too? I can guarantee you here in Michigan you would have hundreds if not thousands of applications for those jobs.

    Your tired old argument that people who are out of work are jobless by choice is to ignore reality. But there's a ton of that going on out there right now.
     
  17. Four Suns

    Four Suns Head Pot Stirrer TECHNICAL Contributor

    Oct 4, 2006
    Williamsburg, VA
    2003 480 DB
    Zodiac ProJet Dinghy
    Yamaha 110vx WaveRunner
    QSM-11 Diesels
    Can you back up YOUR tired old argument? I posted 3 jobs 2 months ago. One for a patent attorney and two for engineers with 0-5 years experience. I expected "thousands" of resumes. I got 4 resumes for the patent attorney and about 20 for the engineering jobs. I will tell you in one of the interviews, I asked "What makes you excited about wanting to work here?"... The answer I got was "I didn't call you, you called me." No joke. I've only filled one of the positions so far. It's hard to get people qualified let alone motivated... and these positions are a hell of a lot higher than $40K/year. The engineering positions are still unfilled... almost all of the applicants were wanting a green card/visa sponsor to come here from India and Pakistan.

    Oh yeah.. the patent guy working here now is a CSR member... he used to think I'm an ass... now he knows.
     
    Last edited: Nov 13, 2011
  18. Gary, He's keeping his mouth shut for now .. because you're paying him. :lol: . :smt043
     
  19. Four Suns

    Four Suns Head Pot Stirrer TECHNICAL Contributor

    Oct 4, 2006
    Williamsburg, VA
    2003 480 DB
    Zodiac ProJet Dinghy
    Yamaha 110vx WaveRunner
    QSM-11 Diesels
    I had a couple other CSR members apply... but they wanted google style lunches at work and be able to play in a rock band on the weekends.
     
  20. Jackie J V

    Jackie J V New Member TECHNICAL Contributor

    827
    Feb 5, 2009
    King City, ON
    560DB
    2 x Raymarine e125's
    Walker Bay Generations 360 Centre Console w. Yahama 60HP
    2 Seadoos
    CAT 3406e (C15's) @ 800HP
    "I contend that for a nation to try to tax itself into prosperity, is like a man standing in a bucket and trying to lift himself up by the handle." - Winston Churchill
     

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