Poker, I would like to answer your question.
First let me tell you some things about me, so you will know I'm from the real world. In 1983 at age 23 I opened a business, over the years I grew it into a successful business. there have been small dips and bumps along the way. But nothing like this climax of greed and coruption have done. It has cut the business in half. I have had to layoff half of my employees, Do you have any Idea what it is like to tell a good hard working employee they no longer have a job while knowing there are no other jobs out there?
Out of the 30k line items I sell all of them used to be made in the US, now maybe 25% are. This is the heart of the problem and if not corrected will continue to destroy what is left of the wealth and prosperity of the US.
In business you seek advantage, if you can produce goods or services at a lower cost than your competetion you gain market share. Because of this law of business, small business creates jobs in the US and huge corporations create jobs offshore.
Workers in China make an average of $200 a month, huge corporations are using this work force as the ultimate business advantage. There is no amount of tax cuts as proposed by the right that will bring those jobs back. The math does not work, if given tax cuts they will just bank the profits. Would you trade a work force making $200 a month for a work force making $2k a month for a couple of points in a tax break? Not in a million years.
It's obvious to me that this ultimate advantage that huge corporation have needs to die. So that real competetive business can take place, that will level the playing field for small business against the huge corporations.
Neither political party democrate or repulican will even talk about, leveling this playing field. It could very easily be done. But they are both owned by the huge corporations, and they will never give up their ultimate advantage unless forced to.
As I see it there are 3 things that need to be done.
First, pay off the national debt, just print the money with a balanced budget amendment. Do not do this with an interest paying bond. It should be debt free creation on money supply. This should remove some of the coruption from DC. With no national debt there is nothing to scare the people with. With a balanced budget there is nothing they can give to special interest that they can be sure to deliver.
Second, there needs to be a import tax on all finished goods entering the US. This tax should be scaled to what the country exporting to the US payes its workers. If the exporting countries workers are paid US levels then there is no tax. If the exporting countries worker are paid $200 a month then there is a 1000% tax.
This is fair trade not free trade. This will kill the advantage that huge corporations have over small business. Small business will pop up all over the US and they will hire US workers.
Third, the ferderal reserve/banking system. Pick an interest rate and never change it. Stop using interest rates to create boom and bust cycles in the economy. Extend banking charters and fed discount window to all credit unions.
