Harley Meyer Independent For US Congress
7th Congressional District Arizona
What do you want to do and where do you want to go?
Harley Meyer Independent For US Congress
7th Congressional District Arizona
What do you want to do and where do you want to go?
Open more direct trade between nations to lower cost for buyers and
to improve prices for the seller. Provide capital necessary to facilitate direct trade.
The problem exists for both exporters and importers in different parts of the world.
Promote economic education so consumers understand that when they buy
goods and services from workers who are paid a living wage, they can produce because they
have someone who can buy their goods and services. If consumers buy goods and services
from companies that pay their workers poorly, they themselves will not have someone to buy
their goods and services.
This shift in policy will lower the US unemployment rate, particularly
the long term unemployed. It will improve state and federal tax revenues (enough to pay Medicare and Social Security entitlements) and reduce
illegal immigration around the world.
In every country around the world international trade is controlled
by some form of monopoly.
These institutions make 40% or more net profits, pay low wages, have large market share
and sell their products at top dollar into the US market. The problem,
they take to much liquidity out of the US economy.
In other words, there is not enough money circulating around
(cash flow) for people to buy another’s goods or services. Thus creating
downward pressure on earnings and downward pressure on re-employment of
the unemployed.
If these global structural problems to trade do not change, the
economic stimulus package will be temporary, unemployment will go back up and
tax revenue will continue to decline. In other words, the economy will have a long term
trend towards contraction instead of growth. Not enough revenue to pay for Medicare and Social Security entitlements.
Currency exchange rates control and limit US exports. Large chain stores put a great deal of pressure on small
store owners. For more than a generation the corporate farm has nearly made extinct the
family farmer. News has been consolidated to the big 4, thus putting financial pressure on the rest
of the news and newspaper industry.
The beer industry is another perfect example on how two or three
companies control over 80% of the market share and what’s left are a large number of
microbreweries. Six movie studios receive 90% of the movie revenue. Four music companies
receive 80% of recording revenue. Four wireless providers control 89% of the cellular
telephone market. And most have heard of the 4 big accounting firms that dominate
globally.
The same economic problems created from global markets exist inside our borders and these
companies take too much liquidity out of the market. All are big impediment to US economic growth.
The current unemployment numbers of near 10% or 15.3 million persons is misleading in
terms of how fragile the US economy is. Buried in this number is the 6.1 million (3.9%)
who are facing long term unemployment and this group continues to trend higher. The other
missing factor is the number of illegal immigrants who returned home because of the poor
job prospects in the US. So the actual loss of jobs may be near 13%.
Every time consumers around the world purchase goods that have been
produced by cheap labor, it becomes difficult for the unemployed to go
back to work since those exploited workers do not have enough money to
buy the unemployed's goods or services for getting them back to work.
These purchases then contribute to the higher unemployment rate in the US economy.
Short Term
Economic stimulus for home weatherization, green technology
(alternative energy) and infrastructure. Persons receiving unemployment benefits a second
time need to be subcontracted by the government to receive the money. Government can make
improvements and the unemployed get back to work.
Long Term
Shift in policy to support direct trade both nationally and
internationally.
