How to Fix the Economy
A paper I wrote about the current economic downturn.
As most everyone knows, our country has taken a 7,000+ point dive in the Dow Jones Index. We haven’t seen a recession like this since the “20″s…yadda yadda yadda. The amazing S. Hill has a detailed plan that will fix everything, with kindergarten-esque rules no less.
- Think before you act. It is not a bank’s, or a realtor’s, fault that a person decides to buy a house that they cannot afford. A simple analysis of your income versus expenses shows whether or not you can afford that $4,000 per month loan.
- Don’t steal. The people that drove our economy into the ground stole billions in profits while the investors saw little profit. Our economy needs to be based on honest people, not liars and scumbags.
- Don’t blame other people for what you did. This step is very similar to step one. It is not President Bush’s fault; it is not credit car companies’ faults. The American public needs to be more fiscally responsible.
- Work hard. Unfortunately, people tend to take the easiest route possible when doing something. If a bailout means that they can get away with defaulting on their loans, then they are all for a $1 trillion reworking of our financial system. Earn your money honestly. It feels better and it’s the right thing to do.
- Take only what you need. Honestly, who needs $50 million dollars every year? That is like spending $1,500 per second, or $90,000 per minute! That is insane. CEO’s run businesses and have a highly demanding life, and therefore should have adequate compensation. However, I know personally, I would be fine with a cool 20 mil in my pocket. Just this small act could have saved thousands their jobs as far as the Big Three.
And so concludes Sam’s awesome way to fix the economy. It requires people’s attention and dedication, not just money pumped in by the government, to fix something as monumental as this.
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