Fixing America’s Economy

Fixing America’s Economy
by
Waylin

There is a fix for America’s current financial, political, education, and health industry disasters.

Any addict hoping for recovery must first admit what the problems are. America must wake up to the cause of our current problems and admit that they are problems that needs addressing.

In all the cases mentioned above, there is one primary underlying addiction that is perpetuating the disaster. For those who are willing to take the time to look at our history, it is obvious that we had a handle on these problems for the most part of the past 100 years. We had the world’s best education systems, we had the world’s best medical, we had the world’s leading economy.

But, looking back at the 1920’s and you will see that, like today, this wasn’t true. They were the unregulated “Roaring 20s” but it lead directly into the world’s worst Depression of all time. What have we been doing right since the 1920’s and what are we no longer doing right, today?

The answer is capitalism, or more accurately, unrestrained greed.

We used to have the world’s best education system. But, then we started getting stingy with our education dollars, and today we want to give a big slice of the education dollars to billionaires in the way of privatized schools and vouchers.  The most successful countries in the world today, have a tax rate almost double what we have in America and aren’t afraid to spend it on education.

Got that? Double.

Why don’t we have higher taxes? Because greed has taken control of our country. Unrestrained Capitalism has us believing that it’s in our best interest to abandon all the things that made America strong over the past 100 years: unions, education dollars, regulations, taxes.

When you hear the term “free markets” it is code words for taking away what little restraints we still have on greedy capitalists.

America used to have laws that said insurance companies must be non-profit as well as our hospitals. We’ve abandoned those regulations and look where it’s gotten us. The medical industry is working diligently to restrict the number of doctors we have in America.  Why? Well, for greed, and nothing more. Fewer doctors means higher profits for doctors.

Now, all you Fox zombies, just hold on. I’m not saying we need to do away with capitalism, I am saying we need to get back to the days when we weren’t afraid to regulate it. Regulations are our friends.

Since the days of Reagan, our politicians are afraid to break up the big monopolies. They even express interest in advancing them, if they’re a Republican, and they’re too afraid to do anything if they’re a Democrat.

Our capitalism is running amock and we have to regain control of it. But, that will be impossible until we come to admit that we have a problem. Like a typical addict, we have to admit we have a problem before we can fix it.

The 99% Movement is succeeding at bringing this to our attention, but the greedy capitalist are doing their best to discredit the movement. We have to all wake up and realize that the greedy corporate news sources are dead set on preventing us from taking back control of our country. It’s time to turn off the broadcast television and time to admit we have a problem. The problem is unrestrained capitalism and therein lies the fix.

4 thoughts on “Fixing America’s Economy”

  1. Nice post, Waylin. Welcome aboard.

    A question. If controlling and regulating capitalism fixes all the ills you prescribe and I think we agree that capitalism and greed are on an eternal quest for total power, then how does a people safeguard capitalism so that the regulations are not eroded under relentless attacks by the greedy?

    Can a functioning capitalism ever succeed in the long run?

    Since this is not the first time America has been in this pickle, I’m inclined to predict that we will be here over an over until some day comes when we can’t regain control of our country. If we can’t wake up the American people, today may just be that day.

  2. Loved the post, Waylin. Glad to see you posting. What’s next?

    The only way to fix this mess is to kick out the Republicans. That’s what they had to do after the great depression. That’s what we’ll have to do now.

  3. Welcome Waylin. Nice first post.

    Let me suggest the first thing we should do is put the top marginal tax rate on billionaires back to 90% where it was after they crashed the economy in the 1920s.

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