rod03801:

> It's time to stop blaming and crying about who did what. It's past time to FIX it.

The question is: Can it be fixed? Cinsidering the number if manufacturing jobs that have been shipped overseas, and the large number of people employed by the military, can the American economy be sustained? Once the wars end and the troops come home, unemployment will rise very quickly and tax revenues will shrink. Retailers and manufacturers are quite happy to continue to manufacture overseas where salaries are low. That means that less Americans will contribute into the taxation system.

The only solution I see is to make the tax cuts targetted. Companies that manufacture domestically would receive a tax cut. Those that manufacture abroad would get no tax cuts at all. Not only that, but a tariff should be imposed when they import their products into North America. In the short term a measure like that would cause inflation, but in the long term it would create jobs and the revenue necessary to increase tax dollars coming into the treasury.

This idea will never fly because the companies that manufacture abroad (like Walmart, GE, Intel, etc.) have too much power and they would lobby to kill any legislation that protects American jobs.