SMARTER GOVERNMENT BUT MORE OF IT NEEDED

GOOD MORNING FLINT!
9/2/09
BY Terry Bankert
http://www.familylawguy.com


“The art of making the most out of life; the love of economy is the root of all virtue. (G.B. Shaw, Man and Superman, 1905)

We should all be happy that “ Droves of U.S. consumers, propelled by cash-for-clunkers vouchers up to $4,500, helped drive August auto sales to their best performance in 15 months -- welcome news after a long period of dismal sales, historic bankruptcies and uncertainty about the future.” [f]

Marco economic principals worked. Give money directly to people and they will spend it rationally.

That spent money will demonstrate a multiplier effects as it bounces around our economy benefiting business far beyond your local auto dealer , discredited bankert, deregulated financial manipulators or failed U.S. Corporation.

Possibly we should encourage the creation of a future skilled workforce by promoting public education,stimulate health by vouchers for food for children, insure our economy from the public cost of catastrophic illness of the uninsured in our public hospitals by offering universal health care, maybe… Oh, we are doing most of these things. We must just do them better.

We also subsidize farmers so their land is available for future needed farm capacity, public roads so business can get their product to market, a military to protect our shipping and protect our boarders and industrial production capacity.

I guess the point is government, public policy and the spending of tax dollars impact many aspects of the daily existence of our small, medium and large business. Smaller government is not the answer, just a smarter government. It is okay for government to help business directly and people.

WHY DON’T WE INVITE FORD TO FLINT

TIDBITS FROM [f]

*Ford Motor Co. delivered the best result among the nation's largest automakers, with a sales gain of 17.2%. "

* General Motors and Chrysler LLC, both of which had a quick bath in bankruptcy earlier this year, reported sales declines severe enough to cost them critical U.S. market share.

*1.26 million consumers …bought a new vehicle in August, nearly 58% chose a passenger car over a less-efficient pickup, van or SUV -- a shift that shows the impact of the clunkers program.

IT WAS UNAMERICAN TO BUY A FOREIGN CAR WITH CLUNKER MONEY?

*The biggest winners in August were smaller Asian automakers, Subaru and Hyundai, which posted sales increases of 51.5% and 47%, respectively. Among large automakers, Ford's performance was followed by Honda, up 9.9%, and Toyota, up 6.4%.


*More than 690,000 customers took part in the clunkers program, which gave consumers $3,500 to $4,500 to trade in certain vehicles for more fuel-efficient models. The program ran from July 24 through Aug. 24, with most sales occurring in August.

*“the preponderance of evidence shows the leading economic indicators are improving and the economy is out of the recession and now recovering, as is the global economy."

So lets not be afraid to recognize and encourages governmental ;programs. Lets not blindly follow the discredited conservative doctrines. We need governmental programs, just smarter ones.

“ The conflict in America is between two types of planning… privately planned economic scarcity by companies for profits or publicly planned economic abundance for people. ( Walter Reuther, The Nation, December 3, 1952)

PostedBy Terry Bankert
http://www.flintfamilylaw.com/

[f]http://www.freep.com/article/20090902/BUSINESS01/909020350/1319/Clunkers-plan-helps-auto-sales-hit-15-month-high

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