How to supercharge our economy overnight.

Stop buying shiny things from China and start saving for a house. (We don't import houses from China).
You're not going to see fuel prices and grocery prices really start dropping ...a year ..sooner that would be fine but at least a year ... If things go smoothly... Don't expect anything to go smoothly
 
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It takes some doing, but I'm getting some momentum going towards doing without if the only option is cheap Chinese.

The one Rx I take is made in India. :dunno: The one thing I really worry about -- our pHARMaceuticals coming from overseas.


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The belief that Chinese made products are cheap and poor quality, went away some time ago. They are kicking our ass in many areas.
 
You're not going to see fuel prices and grocery prices really start dropping ...a year ..sooner that would be fine but at least a year ... If things go smoothly... Don't expect anything to go smoothly
There's going to be some bumps because this is a drastic change.
I wouldn't delude myself into thinking it's going to be super smooth.
 
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yeah, and this will make house prices go up even further, and mean that many young people will have to work their whole life just to get a home, so "investors" can get richer.
No
During the mortgage crises Obama bailed out all of the investment banks/firms including 100% of their profits. Meanwhile - over 2,000,000 people lost their homes. And those banks - got bailed out - AND - got to keep those homes.
Carving the path for investors to buy 100,000s of homes on the cheap. And rent them, resell them for profits.

So the "investors" got richer.
 
yeah, and this will make house prices go up even further, and mean that many young people will have to work their whole life just to get a home, so "investors" can get richer.
People can either shape society or be shaped by it. Their choice.
 
No
During the mortgage crises Obama bailed out all of the investment banks/firms including 100% of their profits. Meanwhile - over 2,000,000 people lost their homes. And those banks - got bailed out - AND - got to keep those homes.
Carving the path for investors to buy 100,000s of homes on the cheap. And rent them, resell them for profits.

So the "investors" got richer.

Yes, they did. However Obama didn't really have much of a choice. Either he had bailouts, or the economy would have tanked so badly the US would have been in recession for much longer.

The US has a Boom and Bust economy. The presidency has an election every four years, meaning an incoming president is aiming to pump the economy to get reelected, Congress has elections every 2 years with the House trying to pump the economy even quicker.

Obama was thrust into a situation where he had to make the right choice for the country. The fact that Boom and Bust was already in place and couldn't be stopped by the time he entered office, is obvious.

But the funny thing is, you didn't respond to what I wrote, you just went from the future and spoke about the past. The availability of homes will help determine the prices people end up paying. The more houses in the hands of investors, the higher house prices will be.
 

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