If a company leaves a town where most of the people were employed by them, how in fact will that town revitalize their economy if there is not redistribution of government monies from State and Federal governments to assist them?
Answer:
I suppose there are all sorts of clever thoughts, but, in reality that is exactly what was occurring when the federal government bailed out the car industry, AIG and Wall Street banks in 2008 and 2009. There is not one administration, Republican or Democrat, that has not bailed out a major industry or company during their administration through redistribution of government money.
The redistribution of government funds stopped the implosion of the USA economy to a certain extent. It stabilized the slide.
The Recovery and Reinvestment Act stabilized the implosion of state treasuries for the most part. It provided breathing room for states across the board to continue to receive tax dollars through their own taxation while providing opportunities for employment. There was one state, I don't recall which one, that had a program for its bridges, called "The Worst Goes First." That was pretty bad. The bridges in the state were in profound disrepair for lack of investment for some many years and decades.
Those bridges connected people through personal transportation and pubic buses to economic opportunity. Opportunity for work or tourism. While the bridges were employing people for repairs, they also opened up areas of the country which were going to be closed if those bridges were destroyed. Economy. Bridges are economy. They provide the venue for economy.
While most people think of Wall Street as paper such as stocks and money, their ability to carry out the economy that facilitates that paper is paid for by the redistribution of taxes they pay and the wealthy pay and Americans pay to their treasuries at all levels of government.
The Peace Bridge in New York, the Ambassador Bridge in Michigan and the Chesapeake Bay Bridge all demonstrate vital infrastructure paid for by redistribution of government monies to enhance, create and support economies between countries across borders and across long spans of water.
There are cities and towns across this country with minimal economies because of failure of their once flourishing economy. It is reaching out to bring new hope to these areas that will help revitalize local economies. Infrastructure and redistribution of government monies, including internet access, will improve and more probably vastly improve their local economies compared to at least the decade past.
So. Redistribution of government monies? You betcha.
Answer:
I suppose there are all sorts of clever thoughts, but, in reality that is exactly what was occurring when the federal government bailed out the car industry, AIG and Wall Street banks in 2008 and 2009. There is not one administration, Republican or Democrat, that has not bailed out a major industry or company during their administration through redistribution of government money.
The redistribution of government funds stopped the implosion of the USA economy to a certain extent. It stabilized the slide.
The Recovery and Reinvestment Act stabilized the implosion of state treasuries for the most part. It provided breathing room for states across the board to continue to receive tax dollars through their own taxation while providing opportunities for employment. There was one state, I don't recall which one, that had a program for its bridges, called "The Worst Goes First." That was pretty bad. The bridges in the state were in profound disrepair for lack of investment for some many years and decades.
Those bridges connected people through personal transportation and pubic buses to economic opportunity. Opportunity for work or tourism. While the bridges were employing people for repairs, they also opened up areas of the country which were going to be closed if those bridges were destroyed. Economy. Bridges are economy. They provide the venue for economy.
While most people think of Wall Street as paper such as stocks and money, their ability to carry out the economy that facilitates that paper is paid for by the redistribution of taxes they pay and the wealthy pay and Americans pay to their treasuries at all levels of government.
The Peace Bridge in New York, the Ambassador Bridge in Michigan and the Chesapeake Bay Bridge all demonstrate vital infrastructure paid for by redistribution of government monies to enhance, create and support economies between countries across borders and across long spans of water.
There are cities and towns across this country with minimal economies because of failure of their once flourishing economy. It is reaching out to bring new hope to these areas that will help revitalize local economies. Infrastructure and redistribution of government monies, including internet access, will improve and more probably vastly improve their local economies compared to at least the decade past.
So. Redistribution of government monies? You betcha.
