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Old 09-27-2010, 02:09 PM   #179 (permalink)
aceventura3
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Location: Ventura County
Quote:
Originally Posted by Derwood View Post
how?
Eliminate waste in government spending.
End duplicitous spending.
End contradictory spending, i.e. government hurting people needing help and often getting help - creating a cycle of dependence rather than independence.

Quote:
Some critics and proponents of the World Trade Organization have noted that export subsidies, by driving down the price of commodities, can provide cheap food for consumers in developing countries.[21][22] But low prices are also considered harmful to farmers not receiving the subsidy. Because it is usually wealthy countries that can afford domestic subsidies, critics argue that they promote poverty in developing countries by artificially driving down world crop prices.[23] Agriculture is one of the few areas where developing countries have a comparative advantage, but low crop prices encourage developing countries to be dependent buyers of food from wealthy countries. So local farmers, instead of improving the agricultural and economic self-sufficiency of their home country, are instead forced out of the market and perhaps even off their land. Agricultural subsidies often are a common stumbling block in trade negotiations. In 2006, talks at the Doha round of WTO trade negotiations stalled because the US refused to cut subsidies to a level where other countries' non-subsidized exports would have been competitive.[24]
Agricultural subsidy - Wikipedia, the free encyclopedia

But most important, our economy has to grow to eliminate the debt that has been accumulated. Our economy, the global economy needs the next big thing, whatever that is. We need innovation, we need the next "age" to start. We need to give the people capable of doing it an opportunity to do it. The information age started in the 90's may have another leg or two but we need to enter a new growth cycle.
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