• Economic Rights
  • Health Rights
  • Homeowner Rights
  • Political Rights
  • Security Rights
  • About
    • Raves
    • Sponsors
  • Contact

Rights Radio™ with Dr. Joyce Starr

Consumer Rights, Economic Rights, Homeowners Rights, Condo/HOA Rights, Health Rights, Security Rights

You are here: Home / Economic Rights / US Economic Crisis Options: Dabble, dither, dump, default, destroy or be daring

US Economic Crisis Options: Dabble, dither, dump, default, destroy or be daring

Last Updated on April 11, 2017 By Dr. Joyce Starr

US Economic Crisis by Dr. David Goldenberg: Strategies to Deal with the Economy (before late is too late.)

[Dr. Goldenberg is the author of Creating Condo & Homeowner Association Documents and The Art of War 3: Canons of Commerce.]

Here’s a mutually exclusive and exhaustive list of the broad families of strategies to deal with the current U.S. economic crisis. Which would you prefer? Tell your Congressmen.

I. Dabble and dither: This is our current strategy. Both political parties persist in offering variations of this inferior choice. Why inferior? Because the specific proposals either address only part of the problem or are economically unsound or ineffective. Each political party takes turns proposing treatment(s) which the other adamantly opposes. Relying primarily on an austerity program, a special case of fiscal policy, is one example. A dabbling and dithering strategy enables politicians to avoid doing anything they might later regret personally while allowing them to continue to hope that the problem eventually will evaporate without changing the status quo.

II. Devalue: Previously known as inflation or printing money wherein worthless dollars are used to pay off our debts. This special case of monetary policy simply would make things much worse. (Monetary policy is the exclusive province of the Federal Reserve Bank. But the Fed recently admitted that it has all but exhausted the power of monetary policy except for devaluation. Presumably the Fed hopes that some other policy set [fiscal, human, …] or combination will do the job. Finding that set is up to some other part(s) of the government. Viewed positively, this is an opportunity to earn lots of curses in Mandarin.)

III. Dump on other countries: Boost our economy by exporting more. Exports are such a tiny part of our economy that even tripling exports wouldn’t help much. Besides, the potential target countries are too weak economically to buy so vast a quantity of exports.

IV. Default: renege on the prior commitment to repay the debt and interest on it. Defaulting not only would cause a long and deep global recession but also would ruin the U.S. dollar’s reputation as having the world’s safest currency.

V. Destroy: World War II brought the world out of the Great Depression. But a replay is unaffordable today in both blood and treasure.

VI. Daring: Several generations of ignorant, desperate and apathetic voters allowed short-sighted, self-serving politicians to unintentionally create this mess. A consensus of experts’ recommendations is more likely to get us out of this mess than any proposals by the politicians who caused it or let it happen.

© 2011 David I. Goldenberg, Ph.D. Boynton Beach, FL USA

 

Filed Under: Economic Rights, Political Rights Tagged With: Citizens vs Congress, default, Dr. David Goldenberg, federal reserve, US economic crisis

If you purchase a book or item featured on ths site, we might receive a modest fee - literally a few cents on the dollar from Amazon. Otherwise, we do not accept advertisers, nor do we request donations. We're here for you.

About Dr. Joyce Starr

A 30+ author and author coach, Dr. Joyce Starr is a maverick thinker and an independent voice. Also: A former White House official, Center for Strategic & International Studies (CSIS) Program Director, international summit organizer, university professor and more. She founded Starr Publishing - DrJoyceStarr.com - in 2007 and Rights Radio in 2008.

Search Our Site

Israeli Hero General Moshe Dayan

Fighting Condo or HOA Bullies?

For condo & HOA consultations, contact Joyce at https://StarrPublications.com/contact/

Defend Your Condo & HOA Rights

HOA Warrior

2020 Paperback & eBook Editions

Secondhand Smoke Abuse!

condo smoking ban

How to Convince Neighbors to Stop Smoking "This book is truly a breath of fresh air for all who … [Read More...]

More Posts from this Category

Are Condo & HOA Assessments Breaking Your Bank Account?

condo or HOA assessment?

Do Renters Rule Your Roost?

When condo renters rule the roost

NEW eBook – Condo Owners Versus Condo Renters. Click Here to Purchase.

Water Leaks & Condo Mold

Condo Mold - When Water Leaks Cause Mold Damage to Your Condo by Starr, Dr. Joyce - Look Inside

Site by Dr. Joyce Starr
RightsRadio.com is the Media Site for DrJoyceStarr.com - StarrPublishing.com and StarrPublications.com.

Privacy | Terms

Copyright © by Dr. Joyce Starr 2008 – 2025

Copyright © 2025 · Magazine Pro Theme on Genesis Framework · WordPress · Log in