Over the years, the United States has seen stagnant wages while productivity has increased. Millions of Americans have lost their jobs due to corporate greed exploiting cheaper labor overseas. This exploitation of cheap labor has created an unemployed reserve, which has weakened working union’s bargaining power. A solution to structural employment would be ensuring the wealthy pay their fare of taxes to stimulate social programs, change government spending, promote cooperative businesses within the United States, and expanding the health care system. History has shown us that society benefits when the wealthy pay their fair share of taxes. During the Great Depress, the wealthy were paying up to seventy-percent of taxes on their income.
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Millions of dollars are spent on the upkeep and waste of these military technologies. This money went to advanced weaponry and armor toward the military; however, offered nothing toward job growth. If we could fight less wars and spend less money on advanced weaponry; then we can spend government money on social programs that promote job growth such as healthcare and unemployment reeducation. Expanding a healthcare system would create additional jobs. The types of jobs that would be created would be administrative, medical, janitorial, and food services. This would open the door for skilled and unskilled workers to enter the workforce while contributing to society. Also, government could spend money on reeducating displaced and unemployed workers. This would dramatically reduce the cyclical unemployment …show more content…
The key to the success of the business would be to promote jobs. This would eliminate the thought of a business going overseas for cheaper labor. As a result, there would be times of an economic crisis. An economic crisis would most likely be caused due to banker greed. The banks would most likely make risky investments, limit loans to the population, and _________. In order to get out of this economic downturn, I would follow Sweden’s economic model and John Maynard Keynes thoughts of a recession. The first thing I address during an economic crisis is the banks. I wouldn’t allow government money to be spent on bank bailouts. History has shown us that bankers spent millions of governments bailout money on guaranteed CEO bonus. These bonuses only benefited the individual and not society. I would allow the Federal Reserve to buy up government bonds. This would allow money to be pumped back into the economy and promote households to spend more money. As a result of this, I would then focus on interest
Millions of dollars are spent on the upkeep and waste of these military technologies. This money went to advanced weaponry and armor toward the military; however, offered nothing toward job growth. If we could fight less wars and spend less money on advanced weaponry; then we can spend government money on social programs that promote job growth such as healthcare and unemployment reeducation. Expanding a healthcare system would create additional jobs. The types of jobs that would be created would be administrative, medical, janitorial, and food services. This would open the door for skilled and unskilled workers to enter the workforce while contributing to society. Also, government could spend money on reeducating displaced and unemployed workers. This would dramatically reduce the cyclical unemployment …show more content…
The key to the success of the business would be to promote jobs. This would eliminate the thought of a business going overseas for cheaper labor. As a result, there would be times of an economic crisis. An economic crisis would most likely be caused due to banker greed. The banks would most likely make risky investments, limit loans to the population, and _________. In order to get out of this economic downturn, I would follow Sweden’s economic model and John Maynard Keynes thoughts of a recession. The first thing I address during an economic crisis is the banks. I wouldn’t allow government money to be spent on bank bailouts. History has shown us that bankers spent millions of governments bailout money on guaranteed CEO bonus. These bonuses only benefited the individual and not society. I would allow the Federal Reserve to buy up government bonds. This would allow money to be pumped back into the economy and promote households to spend more money. As a result of this, I would then focus on interest