Wednesday, August 25, 2010

Turning around the American Economy

The following is a collaboration of thoughts and processes that can be taken to turn around the American Economy and head down on the path to recovery.

It is foolish to put penalties and restrictions on the American public and the private work force in America. With every new regulation it become more possible for a product from China to outsell out manufacture and bid merchandize made in the USA.

There are far more taxes pilled on the American people than ever, and we are the ones losing money. My theory would propose an ancient ritual that started the country. Tariffs. They will be call tariffs for humanity. They will be only held against country that does not provide health insurance, health care, and workman’s compensation. Those factors increase the cost to do business in the USA by 25-35% . A third world country paying kids $2 a day will be tariff’d between 10-20% on all sales items until the working conditions for the company can prove that 65% of the company employees has a workman’s compensation and a health care coverage.

This is brilliant for several reasons. First, we want to help boost up the European markets which have benefits and health programs. They are for the most part, sophisticated nations. This plan targets the third world slave houses like in China, Korea, and Mexico. Technically you can’t just say that you third world country that are outselling the rest of the world, we segregate you out and put a tax on you only. That would be discrimination.

This is a tariff on products sold by companies who do not follow the guideline of taking care of their people, who are taking advantage of the poor in their country. The working conditions in these countries have got to stop. At the same time, it will jump start the manufacturing back to America.

This would be a tax on the rest of the world rather than a tax on the people of the USA. By using the tariff system, products from China will increase to where an American made product would be able to compete. Products will go up in price, but the money generated will be able to generate tax cuts to stimulate the economy. Manufacturing jobs will multiply buy the thousands. Another good outcome would be that those sweathouse Chinese companies will be forced to change their ways and provide for the people.