Quote:
Originally Posted by marketsmart
the four biggest problems in the US are unions, oil imports, job exports, and the cost of housing...
bring the cost of housing down and it will free up cash for people to inject into the economy. i have always believed that a 2 minimum wage earners should be able to afford to own a home. housing should cost no more than 20% of a persons income and thats all the banks should be allowed to loan..
get rid of the unions and companies can afford to hire and keep employees during tough economic times. unions were good back in the early 1900's when working and pay conditions were horrible. paying a high school graduate $20/ hour + all the benefits is ridiculous.
charge companies extra taxes/penalties if they want to export jobs out of the US. the govt needs to make it more attractive for companies to hire inside the US.
the faster we get off dependency to foreign oil the better. too much money goes offshore to countries that dont like us and offer no economic benefit to the US..
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Unions caused nothing wages have dropped in this country. The execs are about their 500 million dollar bonuses.
http://www.epi.org/content.cfm/webfe...shots_20060621
In 1965, U.S. CEOs in major companies earned 24 times more than an average worker; this ratio grew to 35 in 1978 and to 71 in 1989. The ratio surged in the 1990s and hit 300 at the end of the recovery in 2000. The fall in the stock market reduced CEO stock-related pay (e.g., options) causing CEO pay to moderate to 143 times that of an average worker in 2002. Since then, however, CEO pay has exploded and by 2005 the average CEO was paid $10,982,000 a year, or 262 times that of an average worker ($41,861).