Bester said:
The United States has been going through an extended period of job loss and experiencing a poor economy. Some will say that the Iraq war was started to help stimulate the poor US economy. While there has been a slight improvement, the economic situation of the nation remains bleak.
What would you do to improve the job market and the economy?
Bester good question. Only do not let the answers "Fester" or get to you.
I quote a magazine a while ago that talked about more jobs being lost do to efficiency then to exporting, by over a magnitude of 30.
Now what is driving this?
Everyone wants to make more money in the stock market, and then the companies develop plans to make mroe money for the stock owners. A new technology while costing upfront for the capital investment, will save over time in efficiency and lost time of existing workers. Or the mantra I here all the time, "We need to do more with less".
This better defines the problem.
Now for solutions. As this econmics and involved humans the variables are astronomical. One might give ideas that might be executed and might or might not help locally or nationally or globally.
The economy always does better when the people feel good and invest and buy things. By buying things, it creates more demand and this demand geenrates more jobs, if you are a producer. Only our economy is becomming more and more service based, yet if there is a demand then there should be people there to fill the service. A few things that destabilize teh economy with no predictors, are Presidential elections and wars. During an election everyone gets cautious and hedges their bet just in case. This causes a slow down of the economy. And while in the past, wars may have generated more jobs, they really do not force more manufacturing jobs. Not one new naval vessle or tank or airplane has been ordered, that was not already in the plans to be ordered. Does it put some people in jobs overseas with the US Military? Yes it does, only many of those jobs are Reservists, which means that the company they left has to hold their jobs until the return. So no new hires, you will only have to lay-off anyways, because the training is too expensive. Also with the reservists gone, this means more people are out of the active economy as well. And their loved ones left behind are not spending as freely as they are concerned over the future and worried that someone may not come home and there by spend more cautiously. Also as proved by the media and the gulf war, if you tell everyone that there will be a recession after a war, everyone gets cautious. Which in turn causes a slow down of the economy. So you have a recession or slow down. So, I do not think the war has helped or would help the economy. As to why the war was started, I cannot say. That is another thread and topic.
My thoughts and not yours
PS: I voted by the way.