I was listening to some show which was talking about the World Economy. It said that Japan was going to do more QE (Quantitative Easing). QE is an intentionally confusing term used to hide the FED’s loaning money to the Big Banks. Which does no good for the Economy since the Big Banks merely take the money and gamble in the markets. Want a loan? No way, Ben Bernanke was turned down for a loan.
China knows what to do to stimulate its Economy. The Chinese Gov spends money to create infrastructure. They have created whole cities which will house people who are migrating into the cities from the farms. Building those cities with Gov money creates jobs and keeps the Economy going. China has the highest growth in the world and they did it by Gov spending.
Here in the USA, the Reps are forcing the Gov to cut spending. Think about the Sequester and the lack of spending on our roads, bridges, sewers, etc. What do you think that does to our recovering Economy?
Cutting Gov spending makes the Economy and job situation worse! DUH!
Think Austerity. When has less money created more jobs? NEVER!
China knows what to do to stimulate its Economy. The Chinese Gov spends money to create infrastructure. They have created whole cities which will house people who are migrating into the cities from the farms. Building those cities with Gov money creates jobs and keeps the Economy going. China has the highest growth in the world and they did it by Gov spending.
Here in the USA, the Reps are forcing the Gov to cut spending. Think about the Sequester and the lack of spending on our roads, bridges, sewers, etc. What do you think that does to our recovering Economy?
Cutting Gov spending makes the Economy and job situation worse! DUH!
Think Austerity. When has less money created more jobs? NEVER!
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