lunes, 24 de noviembre de 2008

How to recover an economy after a financial disaster

Giving assistance direct to the consumers
and key industries is the unique manner
of to recover an economy after a financial disaster

Sometimes the leaders of the countries forget the lessons of the history. And the most important lesson of the history is that the history tends to repeat.
That is what is happening now in the United States. A similar phenomenon ---analogue is the correct word because is in part equal and in part different--- already occurred in the decade of the thirty years.
Indeed, after the collapse of 1929 ---during the Great Depression--- the President Hebert Hoover thought that giving financial assistance to the banks was the correct form for recover the North American economy. But very soon the facts demonstrated that the President Hoover was in a mistake. The government gave the financial assistance to the banks, but the money not ever went to the hands of the population. The bankers invested the official financial help in their own interest and business.
The lesson of the history says that the unique manner of to recover an economy after a financial disaster is giving the help directly to the people and sectors that need the assistance.
Now, and in the near future, giving financial assistance to the carmakers industry, for example, is not only something just but an efficient form to begin the recovery of the North American economy.
The impact of the carmaker industry on the rest of the economy is something that anybody can to dispute. This industry is a key activity for the generation of jobs, the development of the science and technology and the creation of true wealth.
For those reasons, giving financial assistance to the car industry is one efficient way for recover the economy.
The other way is giving direct assistance to the people that have lost their homes and to those people that are struggling for keeping their homes. The government might create an official fund for financing directly to those families. The poor North American people have too the right of to be helped by their government.

martes, 18 de noviembre de 2008

Giving financial assistance direct to the consumers

Giving financial assistance direct to the consumers
Is the unique way for to resolve the crisis

The financial assistance to the banks does not guarantee the solution of the economic crisis. In the history ---during the Great Depression--- a similar decision was adopted by the government but was not successful.
The unique manner of to restore the power of purchase to the consumers is giving the financial assistance direct to them.
Giving assistance to the banks does not guarantee that the banks will invest that money helping the consumers. On the contrary, the banks might use those resources for investments that guarantee their own interest, that usually are not the interest of the consumers.
To help an industry as the carmakers is a way for to restore the power of purchase of the population.
To help directly to the debtors of the real estate sector is a way for the solution of the crisis.