How Can We Avoid This Recession?

I have made the decisions to pull two top articles:

1] Why Ron Paul WILL win Super Tuesday (due to a factual error to be discussed with the author).


2] How can we avoid this recession?

Here is what I wrote at the Recession Article:

I have taken down my article.

A good friend of mine sent such good criticism that I made this decision. Here is what I wrote him:

You are a formidable opponent. Obviously. I regret posting something that can be argued so easily against. I still have some disagreements on the issues, but that doesn’t really matter to whether I should post the article. I appreciate your willingness to argue even when you DON’T want to have the conversation. It benefits me.

You are probably going to reduce me to not caring about anything but the war. Which I can’t really change.

Maybe that is all for the best. I will NEVER be, and will never be in the POSITION to be an economist. I should stick to the bible, and aiming at personal generosity to the poor about whom I DO care.

— even though I am taking down the post, these are ammendments I was going to make before I had decided that:

[I have changed some wording since first posting – I wanted to make sure it didn’t sound like I was accusing the other candidates of LYING about the economic plan. I meant that they weren’t going in right direction – in my opinion.]

changing from

— “He doesn’t just have the expertise we need, he actually is the only one telling the crucial truth we need at THIS moment:”


—“He doesn’t just have the expertise we need, he actually is the only one pointing to the crucial plan we need at THIS moment:”


That was the original intent of my phrase.


One Response to How Can We Avoid This Recession?

  1. Axaday says:

    “How Can We Avoid This Recession?”

    What IS this recession? Candidates in the race have suddenly started throwing it around like a football, but I don’t know what IT is. The stock market selloff last week isn’t a recession. It started when people started saying we might have a recession. The subprime mortgage problem isn’t a recession. It was caused by a combination of people living beyond their means and a rise in interest rates, which was a response to an economy on the heal. Rising gas prices isn’t a recession. It might look like inflation, but it isn’t inflation either. It is a response to new market pressures. Ford plants closing down isn’t a recession. Toyota is BUILDING plants. Other plants closing because of globalization isn’t a recession. Globalization has imported more business jobs than it has exported industrial jobs with a consequent rise in GDP. Our GDP is still growing right now.

    I can find no evidence that there IS an emergent crisis.

    That said, there ARE problems with our economy that need to be addressed.

    “I hope I am not too late in writing this in the middle of the night before the Florida Primary to get someone’s attention.”

    You are definitely writing it too late.

    “I hope that someone out there is asking himself or herself, ‘How can we get out of this sinking economy?'”

    I hope you can tell me what this sinking economy IS.

    “’Economic Stimulus’ CANNOT come through handing out the money that will be given out this summer. WHY? The United States is already in the red. If we hand out more money, we are just printing money we do not have, and that means….MORE INFLATION.”

    The Economic Stimulus Plan will not fix any of the problems that I rattled off above, it is true. How could it? It COULD chip away at one of the actual economic problems that our nation needs fixed. People could all forward their checks to Visa and Mastercard and edge themselves a bit out of debt. Of course, if they do that the plan will be hailed as a failure. But let’s face it…if what the economy needed was for people to spend more money, they already have credit cards for that. Just tell the people to max them out and see how good everything gets.


    Is Ron Paul running for legislator? All of his plans (the crazy ones and the sane ones) require passage in the legislature before a President can do anything with them. Why have his plans never come into effect? It isn’t because we didn’t have a President who would sign them. We may not have, but Paul’s plans never came to his desk. He can’t get them through the legislature. And why is that? Is he the only person in Washington who understands things? Or is it possible that there are other people there who understand things and they don’t agree with him?

    “The reason we are in the hole is because we print money we don’t have and devalue (inflate) our currency.

    EVERYONE ELSE is still telling us to do one of two things:

    1] Keep taxes up (your income tax only goes to pay off interest to the Fed anyway – it doesn’t really provide extra cash in hand for the government).”

    If we want to actually pay down the principle, we’re going to have to keep taxes up and probably raise them. The government wastes money, for sure, but it doesn’t waste TRILLIONS. So you can’t pay that down simply by trimming the fat.

    “Either way – we keep devaluing the dollar. Ron Paul is the only one who says – lower tax, come home from war. Balance the budget. Get rid of the IRS. Get rid of the Fed. We didn’t need the IRS before 1913 and we don’t need it now.”

    We didn’t need much gasoline or electricity before 1913 either. Or silicon. Or plastic. We didn’t need computers. Before 1913, the poor and elderly and crippled didn’t need help with food and medicine and housing. Or did they? Before 1913, we didn’t need any help settling conflicts between nations peacefully, because a war every 10 years kept things balanced out. Or did we? Before 1913, Americans didn’t need to go to school. Before 1913, Americans didn’t need highways because we didn’t have cars. Before 1913, food and drugs were all wholesome and just what they said on the label. You could trust it. Or could you? Before 1913, we didn’t need fighter jets to keep our nation safe because no one else had them. But times change. I don’t want to live in the pre-1913 era. In the modern world, the government needs money. And the graduated income tax is a pretty fair way to do it. And the IRS is pretty good at managing it.

    “We need not to be letting congress get money by just dipping into Social Security with no intention of putting the money back. Ron Paul has never voted in any way, or enacted any legislation that contributes to this sort of irresponsibility.”

    Ron Paul has stated that he thinks people should be able to opt out of Social Security. How ’bout that? We’ll stop Congress from grabbing money out of it by not putting any money in it to begin with. There are really two kinds of people, when it comes to Social Security. There are those who get a good deal from it and those who don’t. Those who get a bad deal from it would be personally advised to opt out, as Ron Paul suggests. Then, of course, the people who used to get a good deal from it don’t get a good deal anymore. The rich keep their money and the poor are back looking for charity.

    “Maybe Bush is hoping to leave the people with a fond memory of a big check in the summer before he exits the office.”

    Don’t look at W. There is vast bipartisan support for the big check. Almost everyone in DC wants their name on it.

    “But the disaster that is coming is not imagined.”

    Which disaster?

    “We have been feeling the effects for over two years in our gas prices,”

    No. Rising gas prices came from our energy policy (that of the government and that of every citizen). It has no connection with anything related to this discussion.

    “(and five years in our war).”

    What are the economic effects of the war that we are feeling?

    “We are now beginning to bleed where the mortgage industry is busting our skin open.”

    That’s disgusting. But the mortgage problem wasn’t caused by a weakening economy either. Variable interest mortgages have existed for a long time. They’ve always been inadvisable, but people have always wanted to buy a house when they can’t afford it or buy a bigger house than they can afford, so the gamble has always been too tempting to turn away. Interest rates went up because the economy was strengthening and had the symptom of readjusting a lot of variable interest mortgages.

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