Political Quotes

“this issue can be boiled down to orders. We need to help businesses create orders and make sales. Currently all sectors of our society in the economy face oversupply. The place to start moving products is by offering substantial tax credits or vouchers for part of the purchase of automobiles and homes. That is one simple consumer-driven trickle-up theory that, if deep enough, can jump-start the economy without continuing to spend trillions of dollars on blank-check solutions. Unfortunately, most of the plans submitted deal with bailing out people's mistakes and using taxpayers' dollars to buy up bad loans. That's called trickle-down economics. People also talk about creating new jobs but don't understand there are plenty of jobs already in existence, that people just need orders in order to go back to work. Here's something that at $75 billion is considerably less expensive for the taxpayer than current proposals and will begin to restore our economy immediately. First, in 2007, 17 million new cars were sold in America; a year later, 10 million. A net loss of 7 million cars means $175 billion was directly eliminated from the economy. If we can get back to 15 million new cars sold, that would add $125 billion directly into the economy. Economic multipliers could bring that to $1 trillion. When cars and trucks start selling, it moves inventory from dealers and factory lots.…”