SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : New US Economy Policy
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Arthur Tang4/21/2007 9:54:37 AM
   of 435
 
In the US, how supply side economy changed since 1991? The social safety nets were abandoned by the federal government, sort of supported by state governments; and drug culture were going deep underground because of lack of distribution means.

Demand side economy flourished, with job training in the stores doing a good job within a week. Salvation army took over the safety net for any cases of misfortune. Now even doing employment services for local stores. Housing available for salvation army is plentiful for tax deduction of wealthy landlords.

The federal government had released many defence department bases for subsidized housing, where rent is based on one third of your income. Most of the subsidized housing authorities are well run and well maintained. It becomes a feasible program for local governments. This is very encouraging, because the federal program has FHA and VA mortgage insurance, and can offer the defaulted owners the subsidized mortgage based on income payments until misfortune turned around.

Housing is the infrastructure that we are building with the federal government supporting the banks with mortgages bought by Fannie Mae and Freddie Mac. These mortgages can increase in value over time as location of these housing raises their value by the local economical boom. The only thing that we have yet to provide is an army of handy man or remodeling experts supervised by building contracters to keep the houses in good order.

So, in 2008, real estate offices will have the resources and man power to rebuild aging homes and maintain the housing value. This old house on PBS may be the new training film. It will be a new industry well organized for prosperity. Unemployment will go down to a historic low, after 2008.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News