Tuesday, October 7, 2014

3 Problems

Three problems I would like to address would be:
1. Bringing more jobs to/back to America
2. The drought that California is currently facing
3. And the increasing cost of living

America is currently at an unemployment rate of around 8%. There are a few things we could do to fix this problem. First off is that, many jobs/companies/factories that were once based in America have all been moved to foriegn countries. Bringing these back to America would definitely increase the amount of jobs we have in America which in turn would lower our unemployment rate. Almost everything we see is made in China, or some other foreign country. bringing these jobs back would provide millions of jobs for people. The reasons jobs leave the United States is due to free trade agreements between nations that provide tax exemptions for inventory(parts) and finished goods(products). Therefore, nations that will provide these services with lower taxation give corperations the advantage of selling cheaper products. So, if the United States government did not impose these taxes and additional regulations upon American companies, we would be able to compete at home. A second thing that can be done is reducing regulations on buisnesses. Because of all the complicated regulations that are placed on buisnesses, buisnesses move their companies to foreign countries so that they don't have to put up with all of the regulations placed on them. This causes the rise in unemployment. By reducing the regulations, buisnesses won't feel the need to have to move everything to a foreign country and bring jobs back to America. Because regulatory agencies report to the executive branch of the government, there is no legislative oversight and no judicial oversight. Therefore, they can write any rule or regulation that will fulfill their existence. The only way to reduce their impact on buisness and jobs would be for congress, who owns the checkbook, to reduce the funding to these 150 regulatory agencies. Lastly, we could reduce the taxes placed on buisnesses. Due to all the taxes placed on buisnesses, buisnesses are forced to raised the price of their products. This causes the consumers to have to pay more for the product. When products are expensive, people don't want to buy. Less buying means less need for workers which then means less jobs. By lowering the taxes, it lowers the price of the products, which leads to more buying, which then opens up more jobs.

Another problem, that especially California is facing, is the drought. Currently, the dams for our reserviors are only enough to support 17 million people. California currently has a population of 36 million people. If we built additional dams to catch the snow melt, which is where our water comes from, we'd have more reserviors of water to use. Its not an immediate solution, but it does prevent something like this from happening in the future. A more immediate thing to do would be to have a system of some sort that took our waste water from the bathtubs, sinks, and washing machines to be used to water our grass and plants. Also, all sprinkler/watering systems should be scheduled to water at night where there's no hot sun to make the water evaporate into the air instead of watering our plants.

The last problem to address would be the rising cost of living, just by looking at your grocery list six years ago to now you can see the difference. Quantitative easing is the process of the federal reserve, a bank, not owned by the federal government at all, printing money that has no backing to a gold standard and distributing it into the economy, which drives the value of the dollar down with respect to foreign currencies, which in turn drives the cost of our products up. Because of value of the dollar going down, this effects the cost  of living to average citizens as well as our unemployment rate, but this especially hurts the poor. Additionally, with the rising cost of energy, which is effected by the federal and state governments imposing additional fees for power companies to generate power based on CO2 emissions cap and trade regulations. Cap and trade is a function of government, such as the EPA or CARB (California Air Resource Board) charging power companies additional fees which they have to pass on to their consumers for the amount of CO2 they produce to create energy/electricity which boils down to a hidden tax on everyone's power bill. This drives the cost of energy up for all consumers and especially hurts the poor because they can't afford to pay that tax. As well as oil drilling restrictions and pipeline building restrictions to bring afforable oil from Canada to the United States for refining. Point in fact the Keystone pipeline from Canada to the Gulf of Mexico would reduce the price of oil and provide an estimated 30 million jobs to Americans. When there are 60 thousand miles of oil pipelines already in the United States, why is one new safe pipe line an issue? Bottom line is, that driving the cost up to reduce economic impact has a very severe impact on the poor, who cannot afford it.


No comments:

Post a Comment