This book provides extremely simple yet refreshing solutions to most of our national problems from unemployment to foreign policy. First, I listed some of our ills and societal, cultural and economic problems in the title article. You probably willMoreThis book provides extremely simple yet refreshing solutions to most of our national problems from unemployment to foreign policy. First, I listed some of our ills and societal, cultural and economic problems in the title article. You probably will cry and laugh at the same time. Fortunately most of our problems are not that difficult to remedy.
All the fences, equipment and manpower will not keep illegal aliens away from our border but SEVERELY penalizing the employers will. If there are no jobs, they will not come. Nothing is simpler and more cost effective than this. Before we talk about a national health care plan, we have to start by cutting down our high medical care expenses.
When we tax or force small businesses to pay for the plan, we are creating more problems, such as unemployment. Taxing the rich excessively and continuously printing money will exacerbate more problems and do not resolve anything. They are the roots of our problems and not solutions. It could force the geese that lay the golden eggs to fly to another country.
The better the incentives for them to invest here, the more jobs the rich and their organizations would create. We have to abandon some low-wage consumer products but enhance the ones that are competitive in the global market. A $20 wage can never compete with a $2 wage. You cannot survive with $2 per hour wages in the U.S.
With the alternative of closing out all foreign trades, we may have to end up buying a toaster made in USA for $50! This would erode our living standard further. The tariff on Chinese tires does not gain us a SINGLE job and our consumers have to pay more for the tires from other foreign countries. It started another trade war with China. Why do we repeat these lose-lose actions again and again? Education starts at home with concerned parents. We have too many single parents and teenage mothers. Throwing money to any problem does not fix the root problem.
Contrary to popular belief, I boldly predict that a secular bull market (Chapter 9) will be starting in 2017 when the two Middle East wars will be finally over. If it does not happen, most likely it will happen before 2020. I have strong arguments for both scenario forecasts. We have to watch the developing events and act accordingly. You heard it here first. My Coconut Theory explains why the U.S. is declining and China is rising, naturally. The more interventions from our government, the higher the chance it will be materialized.
It also explains why the current recession has been prolonged despite the so-called bailouts and interventions. Compared China 30 years ago, China violates few human rights today (Chapter 19). Fewer Chinese starve and most have shelters. Basic human rights are acknowledged. They still have a long way to improve human rights from our yardstick.
We must understand both sides of the current events and their implications and we should not be blinded due to exuberant nationalism. Any cultural yardstick to judge any other country is not wise. Our politicians blame all our ills on China as they cannot fix those problems and the popular media typically say what we expect to hear. My sincere hope is to promote better relationship of the USA and China via mutual understanding and respect.