Output The Solution To Financial Evolution?

By Author: Chris McClelland
Total Articles: 4762
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According to a current NewsWeek article, efficiency could be the answer to helping fix the financial system.

When it comes to politics, neither side will ever agree on what accurately will rescue the economy. The conservatives on the right will tell you that tax cuts are the way to go, while liberals on the left will tell you that spending and public works projects are what will help recreate the economy.

So the source of the article, Daniel Gross, wrote that if history can teach us anything that in order to get the economy back to the plane we have been used to over the past few years, we are going to need a increase in productivity. When there are periods of elevated growth, there is a trend that reaches to each part and segment of the economy, examples include electricity, railroads, and credit (at last leading to cheap money). In an economy the mass of the one of the United States, there will have to be a trend as huge as one of these to jumpstart the economy because a trivial boom will not get to all the sectors that need to be reached in order to experience economy development.

Of course, the dilemma ...
... with this scheme is there has to be a immense idea to jumpstart the economy over again. Gross says that maybe it will not be a lone game-changing idea, but a collection of many undersized ideas that helps get the economy back on track.

His idea is that we all try harder to get the financial system back on track.

I think it is always a good idea when every person helps out to reach a interrelated goal; especially when it comes to something as great as fixing the United States economy. There are certain areas of the economy that no amount of tax cuts or public works spending will be able to fix and I believe this is where he thinks that we should all step it up a little to lend a hand out.

Of course, perhaps a huge idea is what could enhance the economy. There is a massive market brewing for green energy and to get rid of or at least reduce our belief on fossil fuels. We saw the tip of the iceberg last summer when gas hit record highs and everyone was irritable. There was a lot of complaining going about about the cost of gas and it lit a fire under every person to get out and do something. Emissions dropped, the use of public transportation increased, and gas prices fell.

Whatever will help fix the economy, with any luck something will start up soon to help give a boost to growth.
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