richardhutnik said:
When stupid misuse of derivatives were a big factor in what happened with the economy, complete with the production of an unsustainable bubble, then it gets brought up. You are the one who ended up saying, "Well if the government had no part in it, we wouldn't of had a problem". Well, it wasn't the government that pushed things over the edge, but greed on the part of individuals to take too large of a risk. Beyond this, the key is to look at what really could lead to sustainable job creation, not creating another bubble that will lead to excess economic activity that is not sustainable. Besides this, name what area should be the target of real economic growth now to produce the needed jobs over the next 5 years. |
Except the government were the people who pushed things over the edge... and was what made real growth a bubble, by forcing too many bad loans that HAD to be put into derivatives in the first place.
What should the the target of real economic growth?
Nothing. When you target things you are specifically creating jobs that do not have demand... which would be... creating a bubble.
Instead, you let people get used to the reality of the economy, and start buying, drawing demand up, and allow buisness owners and other people to innovate and invent and create new products people creating more demand by creating more products people want to buy.
Generally though you missed my point. Basically every thread you create is complaining about how crappy the world, job situation and economy is. When under your view that the vast majority of derivitives are bad... the economy and job situation are worse, heck social programs should be worse. There seems to be a huge conflict in your base ideology where you suggest things should be better, but general phiosphy suggests things should be MUCH worse.
