The Franklin Times -
The United States Congress passed and President Obama signed a massive stimulus bill this week. The bill is designed to provide an economic boost for the sagging U.S. economy. The U.S. economy, sinking deeper into recession, is now facing one of the worst economic crises since the Great Depression. The economic figures are staggering: unemployment is rising, production levels are falling, corporate profits are rapidly sinking, as are home prices. In addition, the Dow Jones has reached a six year low and a number of financial institutions are at risk of going under.
With the Franklin economy closely tied to the faltering economies of the U.S. and Canada, it becomes clear that the political parties must offer some economic solutions. The recent Wallup Poll revealed that the economy has emerged as the number one issue in this election. But at the same time the poll revealed that many voters know little about their electoral choices. Hopefully, as the campaign progresses this problem will be rectified.
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6 comments:
Team PAPI will follow the course of President Obama and Former President Franklin D. Roosevelt of the U.S. since the F.S. has seen no economic crisis of the same caliber in its entire history. We are in full support of the push for a stimulus package in the F.S. We will use this package for: individual tax cuts, reducing healthcare costs, investing in alternative fuels, and other areas that raise concern. All of these are in no specific order of importance since Team PAPI has yet to agree on a solid agenda. We ask that you be patient, we cannot just go through the motions in the decision making process. How we spend the stimulus package is just as important as the package itself.
The MAD party is taking a strong stance on our economy. We know that the economies around the world are suffering and there needs to be drastic action. Our party will pass a stimulus bill. But it will have major modifications than that of the United States. Our focus will be on creating jobs and ending outsourcing, rather than cutting taxes and throwing away money that we don't have.
The Mcfarland Party is not taking the economic situation of the Franklin States lightly. We are working hard to devise a plan that will stabilze the economy, but also create jobs. The McFarland Party is working hard for the people of the Franklin States of America to not only fight short term battles, but create a plan for the long term. The McFarland Party is not only looking to create jobs, but create jobs that will stay in place for decades to come. The McFarland Party has made no definite plans yet, but is looking fiercly at the investigation of alternative fuels and energy sources. This will not only help stabilize the economy, but fix the crisis of the current temperature spike. Be assured people of the Franklin States the McFarland Party is working for you great citizens, and help is on its way.
I would like to call forth a rebuttal to the McFarland Party's claim that alternative fuels and energy sources will not help stabilize the economy. Reason: the untrue statements stated could severely hurt Team PAPI's claim to invest in alternative fuel sources as a way to stimulate the economy.
May I first conclude that I will refer to "alternative fuels and energy sources" as just "alternative fuels."
The investigation of alternative fuel itself will bring forth jobs since there must be research done in this field (these jobs may include scientists of varying degrees). The creation of jobs in the research field will circulate more money into the economy, thus stimulating the economy.
The manufacturing of alternative fuels will bring forth jobs as well. Such jobs may vary from lower class citizens with no secondary education (as floor workers in such manufacturing facilities) to middle class citizens with college degrees (that manage the activities within the facilities) to upper class citizens that actually own these facilities. Thus, once again, stimulating the economy due to the increase in jobs.
The use of alternative fuels has the effect of lowering prices of nearly all products and services, since nearly all products and services require energy. With the use of alternative fuels, gas prices will plummet. This is simple supply and demand. As the demand for gas goes down, so do the prices. With the investment of many different kinds of alternative fuels, the price of all fuel sources will stay consistently low and will cut back on the reliance of one type of fuel. For example: If a trucking industry spends less on gas, it gives them the ability to lower its prices, which will in turn make the shipping of products cost less, which will in turn make the products themselves cost less, which will lead to the sale of more products, which will allow companies to hire more people and so on and so forth. To conclude, the use, manufacturing, and research of alternative fuels benefits much more than just the environment, it benefits the economy and everyone in it.
Have you all lost your minds? Do you not follow the news. The day President Obama signed the stimulus bill, the DOW sank 300 points. On Monday it hit its lowest point since 1997. Stimulus bills have never worked and will not work now. We believe that capitalsim is the best form of economic system and that the economy will only recover if no government action is taken. Forcing green initiatives on corporations will only hurt them as they try to modernize. As for Blake's alternative fuel fettish, let me shed some light on alternative fuels. A few weeks ago in Minnesota, school had to be cancelled because some of the buses would not start in the subzero temperatures. A state law required the buses to run on a biofuel mixture, which turned to gelatin in the subzero temperatures. Some of the buses that were running broke down, and the students had to be treated for hypothermia. Alternative fuels are expensive and unreliable. The only thing to do is nothing. Take pilots, for example. In the event of a plane going down, they are trained to fight their instict to pull up on the controls. Doing so will only make things worse. Instead, they should push down on the controls, which will bring them out of the nosedive. History has shown us that the American New Deal only extended the Great Depression. Let's do nothing--it's certainly worth a try.
Scott:
In your example regarding the pilot, you are talking about fighting our instincts. You may be correct that a pilot must push down on the controls in order to bring his aircraft out of a nosedive, but if he were to follow your "Let's Do Nothing" plan, he would not touch the controls and instead allow his aircraft to continue into a nosedive straight into the ground, leading to a fiery crash with no survivors and leaving angry environmentalists to stare in disbelief at the flaming inferno. The same applies in an economic crisis of this caliber (with the exclusion of angry environmentalists). Our instincts tell us to run and scream like wild monkies due to the fear of an economic recession the likes of the infamous Great Depression of the U.S. Doing so will only make things worse. Instead we should regroup ourselves, find out the real problem, and act. The real problem is a decrease in consumer spending and distrust of the stock market. The reason for the decrease in consumer spending is that many consumers do not have jobs or there wages are being cut. By creating jobs in the area of alternative fuels we can also lower gas prices which allows more money to be spent. With business gaining more revenue, trust will be instilled back into the stock market. We, of Team PAPI, believe in a rewards system. We will not force anyone to use alternative fuels, but work at providing grants for those who do. The reason that alternative fuels are currently unreliable in the U.S. is due to the inefficient spending directed toward these programs. With the creation of research facilities, we can test alternative fuels in the most extreme of conditions before they are put on the market. You claim that you are against alternative fuels, yet you are in support of nuclear power plants. Are nuclear power plants not an alternative fuel source to the use of oil, our main source of energy? I, along with the Franklin people, will enjoy hearing your response.
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