If we were to pass laws outlawing abortion and we eliminated welfare programs as they now exist would it fix the economy in 20 years? It would be supply and demand, we would have an abundant supply of workers and jobs would be in demand. the larger population would also increase the tax base. It might make it so that we would be able to compete with China in the future.
In short this would take us in a direction of becoming a third world economy. Lots of workers and few jobs equals low pay. People with little money can only afford a few necessities, see your local Walmart for details. The government does not need your taxes to operate, operationally taxes function to regulate aggregate demand, and not to raise revenue.
The US has a bigger economy than China. Chinese will pack themselves in shipping containers in brutal squalid conditions just to get to America, they don't always survive. That's because a lot of Chinese are still dirt poor and doing shit work in America is much better than what they could get in China.
We should turn the unemployment offices into mines and start digging tunnels in the basements to extract resources. people could go in work and leave with their pay.
I think this is a very good idea, it is far better than anything coming out of Washington. In my opinion it is the best idea in this thread for improving the economy.
then i would legalize pot and close down the dispensaries and market through the state governments. then make the states pay more to federal government since their budgets will increase 10 fold.
I am here in SoCal where the best weed on planet is. This opinion is for California only where weed is quasi legal. Money in this business is for the most part circulated locally. I would oppose legalizing weed at this time. Why? Most of the dispensaries employees, growers, trimmers and delivery guys are in there twenties. Unemployment is very high for this group like 35%. And many who are employed are under employed. Growers how would you do competing against ADM (Archer Daniels Midland). Trimmers how are you going to compete against Cambodian trimmers or God forbid John Deere gets into making trimming machines. Dispensaries how would you do against Wallgreens? True if weed was outright legalized prices would drop dramatically and I am all for this but it would destroy the current industry as it is now.
I would oppose giving the Feds any tax money from weed sales. Remember the Feds have an endless supply of money, in fact they have an absolute monopoly on making money. Here's something the Feds can do, for every Tax dollar the State collects from weed they should match it with a 5 dollar contribution towards Schools, Colleges, Universities etc.