...is the same problem that private and faith-based schools have when it comes to trying to keep them afloat...
It's all one big system.
Indeed, it IS the system that needs to be fixed. But we don't know how to do that. We like to work linearly. We need step-by-step instructions. When embarking on new projects, we like to take them one step at a time so as to not cause a lot of feather-ruffling, and then, when things settle, take the next step.
But today, everything is interconnected. Some local news programs have done outstanding features on how a laid-off worker on one side of the country affects another worker on the opposite coast. In simplistic terms, it's like the fairy tale which deals with the old woman and the pig. As the woman was taking her pig home, it came to a fence, and the pig wouldn't jump over it. So, she had to ask a stick to beat it, but it wouldn't...so she asked fire to burn the stick to beat the pig...but it wouldn't...so she asked water to quench the fire...but...well, you get the idea. It finally comes down to giving a mouse a small piece of cheese that starts the whole chain reaction in motion.
But we don't have a word for that type of thought process. Some call it "Systems Thinking," while it exists in a more formalized version called "Chaos Theory." Such actions were played out in the movie, "The Butterfly Effect." Chaos Theory, however, seems to put a negative spin on the concept. So, realizing we need some positive news out there, perhaps we should call it, "Systemicity," and the study of it "Systemicism." Don't bother looking up those words....they're not in the dictionary. Therefore, I claim them (Systemicity (TM) and Systemicism (TM)).
It's been said that once we can "name" something, we then know what it is, and can communicate the idea to others - which is the first step to solving the problem.
But for those who still think that "Linear Thinking" and the Scientific Process will pull us out of recession, stagflation, depression, or whatever word you'd like to call it, I'll point to the Stock Market as a problematic point of focus.
President Obama signed the nearly one trillion dollar economic stimulus package. Someone should have told someone on Wall Street that he did it, because it didn't stimulate anything - the stock market dropped almost 300 points.
Let's look at 3 things that are "wrong" with the Stock Market right now.
1) How many companies were publicly-owned in the 1940's? the 1950's? the 1960's? I'm sure you'll see that the number has increased exponentially. While more business is good in terms of growth, more places to invest takes away from others. Someone can do some research here to see how many privately-owned companies there are that don't do business on the stock market. How are they doing today? It's been said that most of our economic growth have come from small businesses. While these companies are not publicly traded, they're the first to feel the pinch (or sledgehammer) that comes from stockmarket volatility.
2) In the past, how many people had access and the knowledge to know what to do in the Stock Market? These people used to work for others as stewards of funds that were entrusted to them..NOT for themselves with Internet trading accounts, where people get in to make a quick buck, then get out. When I was a little kid, only the "rich" owned stocks since they had funds to invest; the working folk SAVED their pennies so that they could afford the things that they really wanted. Kids worked lemonade stands, did yard jobs, shoveled driveways, delivered newspapers to instill the work ethic into them. Now, we just open an account on line, buy some stocks, see what they do, take the money out, find others companies, put money in - it's like the new bank...which is why people have lost trust in banks...because some think they don't need them anymore when they're playing in the Stock Market. You want people to save? Stop online trading. Let the brokerages do what investors are trained to do, and let's focus on long term investing (since short-term investing is an oxymoron). The manfestation of the problem - the stock market now reacts to the daily news - rather than investment strategies.
3) In the past, bad economic news used to be good news for the Stock Market. Layoffs meant that companies were being prudent and watched their bottom line in response to stockholder's wishes for higher company earnings. Good economic news, such as a drop in the unemployment rate, meant stocks declined, because companies were growing, and some of the funds had to be used for improvements rather than distributed as earnings.
That's all out the window now.
The old system provided some checks and balances. Now, bad news means lower stock prices, which is more bad news which means lower stock prices, which means more bad news....you get the idea. It's a vortex that will keep sucking the life out of the economy.
So, something had to be done to shock the system. But we don't know what the results will be.
Here are some considerations for simultaneous stimuli - because it's systemic -
1) Create a new status for hospitals and schools not run by religious organizations. Maybe a "half-tax."
2) Ban on-line stock trading by the general public
3) Allow a generous tax credit (not just a deduction) for charitable giving
One last item - and this would be bold, because it would test the strength of our justice system, but it would adhere to the principals our nation was founded on. Everyone has to be part of a religion that gives praise to God. Our nation was founded on the principle of freedom of religion - that we could worship God however we saw fit. Now, we dance around the definition of God, what should be worshipped, and how political party ideology doesn't necessarily mean personal commitment (as in, "Well, personally I believe that that's wrong, but I shouldn't let my personal convictions interfere with representing my consituencies.).
We need representation that will "Do the right thing" and take personal responsibility for their actions, rather than shirking it. The blame game put us into the mess we're in. It's time to stop it.