How would you "fix" Americas ailing economy?

Take it and bury it in a very safe place. Therefore it will earn no interest and banks can not lend it to anyone. I will also not spend any of it :).

May as well be 3, as 3 billion.

Fire Obama and make a new amendment or bill that would allow us to bring Bill Clinton back for a third term.
He might’ve been a bad role model, but he was a damn good president.

Cannibal….....i could not agree with you more. great answer. john

Thanks John.

With $3 billion, I’d start hiring people to grow food for local consumption. Maybe start manufacturing something here again, something useful that people will buy locally.

@Self_Consuming_Cannibal & @john65pennington
Hoover’s campaign slogan was “A chicken in every pot”,,,,, Clintons can be “A Hummer in every home”

Pretty Lilly-That’s hilarious! How do you make someone’s name in red with the @ symbol in front of it?

[offtopic]
@Self_Consuming_Cannibal
Type @name

@Self_Consuming_Cannibal
@john65pennington

Thats the fluther way of addressing peopel. [/offtopic]

Continue…

@FlutherMe
Thank you.

I’d use it to make up for some of the shortfall the government would ‘suffer’ when I cut taxes for pretty much everyone, particularly in ways that would make it cheaper for companies to hire more people.

I might declare a temporary reduction in minimum wages as well.

Clinton was certainly more competent overall than Bush 43, and had better political senses than either Bush 41 or Obama (as he’s shown so far). However, a lot of the high-level complacency and corruption (particularly in the private sector, yes, that sector that supposedly can do no wrong ) that got us in the mess we’re in got established during his watch.

@Factotum “I might declare a temporary reduction in minimum wages as well.”
John Maynard Keynes is spinning in his grave pretty hard these days.

Three billion is almost a drop in the ocean. Our public debt increases more than that daily.

@hiphiphopflipflapflop – Between Jan27 and Jan28 of this year, the public debt went down by approximately $25 billion.

If you’re curious, you can check it out here.

Between Dec28 and Jan28, it went up by about roughly 25bil, or a little less than a billion a day.

@laureth Thank you. I was going by the debt clock (“The National Debt has continued to increase an average of $3.83 billion per day since September 28, 2007!”)

(And anyway, now is exactly the wrong time to try bringing it down. Hence my Keynes reference above.)

It looks like Ed Hall is adding intergovernmental debt to his numbers. That is not debt held by the public. It includes such things as the Social Security trust fund, which is parked at the Treasury, but which is technically “owed” to the SSA and thus counts as governmental debt.

No, its just guaranteed against the public working their arses of for the rest of their lives and making lots of children to do the same.

By finally taking green technologies seriously.