Tuesday, January 15, 2013
Five Modern Problems of the US Economy
The American people are now faced with the following problems:
Inflation. This is one of the most modern economic problems because it also affects the quality of life of people. High inflation means that less money can buy. At the same time, inflation is a sign that the economy is growing, while deflation (where prices are down) is negative, indicating that the economy is weakening.
Economic inequality. Studies have shown that income inequality in the U.S. is worse now than it was back in 1774, even before the Revolutionary War. In 1774, the richest 1% of Americans have 7% of the country's revenue for 2010, you need twenty percent. But economists continue to share, which is the best way to bridge the gap of inequality and its impact on the middle class.
The immigration debate. The general consensus is that immigration is good for America because immigrants are more likely to start businesses, and more highly educated. However, there are those who believe that immigrants compete directly with the tight labor market, jobs native workers. And then there's the question of illegal immigration, which many economists believe will reduce wages because of competition for scarce U.S. low-wage jobs.
The minimum wage. It has been three years in the federal minimum wage was raised, but in the meantime the prices of basic goods and services has increased significantly. A person may only search the minimum wage not only do not have enough income to maintain a decent standard of living, in fact, under the federal poverty line. It's time to raise the minimum wage? But how will this policy affect the employment rate? Was actually drive more people in poverty?
The health care system. Although the United States is the richest country in the world, access to health care continues to be extremely unreliable, despite recent attempts to reform the system. A recent report revealed that the percentage of those who could not get health care because of high costs increased by 13.7% in 2010 from 8.8% a decade earlier, while nearly 2,010 adult Americans did not know that a physician is last year. Moreover, more than 20% of the adult medical need was to have gone unmet in 2010. How can the health care system should be reformed to ensure greater access to health care? Reading books free download will help to know more about the issues so intelligently participate in the debate
Lean Six Sigma Should Be Utilized to Help Solve The U.S. Debt Crisis
It's no secret that one of the biggest problems in the country's long-term debt. Many are against other countries like China, which buys Treasury bills, which allow us to continue the standard of living.
Some of the media to predict the settlement date, while others buy the idea that it is only a short-term loan, as long as the economy will be turned around. Well, it's been many years, and the debtor does not stop.
The prophecy, which I hope is wrong is that China and other countries will sooner or later require higher interest rates, which will send interest rates skyrocketing in the United States. This can not be done because they do not like in other countries in the U.S., but because it will not be necessary for us, as in the past. The United States loses its importance and relevance of each year. China only a few years after the passing of the U.S. GDP, and that the majority of middle-class citizens well. Once the majority of the lower middle class can be seen as a minimum, it is no longer needed in the United States.
Lawmakers in Washington are all trying to do what is best for my work. But two opposing philosophies of the two parties, to tread water, the situation is even worse every quarter.
There are tools and experts that can solve this problem. The tools used in the business world over the past few decades, such as lean manufacturing and six sigma, our country would help reduce costs and increase revenue through business growth.
These tools are of limited use in units such as the Army, but to the highest levels of government to work effectively, they need to buy at the top, as well as the expertise is very close to the top.
Lean Manufacturing and Six Sigma has helped thousands of companies, such as GE and Motorola, two early adopters of Six Sigma.
An example of how to use the tools that would be used to reduce spending seven value stream mapping and identification of waste in waste (non-value add). Other tools such as SIPOC (Supplier-Input-Output-Customer-Production), Kaizen, overall efficiency, the failure modes and effects analysis, and control charts will be used to streamline the procedure for maximum efficiency without waste.
For example, how to solve business, only one small problem, which is a huge cost. Look at how many people work for the government. The business, which can not, and will go out of business, you can use lean manufacturing kaizen events to reduce rapidly. For example, a group of developed and will spend the next month to figure out how to cut government employment by 20%. Someone think that hurt us? On top of the salary reduction, and spending a lot of office space happens to people.
This would increase the unemployment rate. But that's no reason not to do it. Lean and Six Sigma tools, the goal would be to your ideal used by all value added, ie cutting a person actually hurt us more than help.
The same process will work for millions of programs such as Social Security. Do not just cut the benefits, figure out how to do more with less. That may be invested in social security revenues to individuals or not, or can figure out how to get the people that do not deserve it. The process is the way to a better system, without thinking, liberal or conservative.
Another excellent example of the crime and prisons in the United States. There is less crime, better systems of countries (think Windsor Canada if the doors are not closed yet rampant crime in Detroit, just across the border). Lean Six Sigma benchmark would be the best system in the world, and improve them.
Lean and Six Sigma, Lean Six Sigma, called together, and it is about to make things run better with less waste and errors.
Lean Six Sigma has helped many American companies to expand free markets of the world. This may help solve the debt problem in the United States so that children can not be reduced to the standard of living, to pay down the road. All that is needed is a pair of expert Lean Six Sigma training and certification that the authority to solve problems.
China Boosts Gold Purchases Over Dollar Collapse Fears
China was the world's largest amount of U.S. debt, more than any other nation. However, things have changed drastically. China has changed the investment strategies, including moving to a majority stake in the dollar-dominated assets and restructuring of assets into gold. Clearly this is not a financial genius to figure out the logic of China's important exit strategy.
While the U.S. dollar is still uncertainty over the euro king today, what would happen if the United States note that the level of debt compared to more than Greece? Although still the largest foreign holder of dollar reserves, China is clearly aware how exposed to the vicissitudes of the economy, which is a decline in the national reserve. Currently, the U.S. Treasury within the largest market bubble in history.
An important means of protection, such as diversification, but the bulk of the assets to be committed U.S. Treasury? Where else can one run to safety? Swiss franc used to be an excellent hedge. However, the franc is now pegged to stop or slow recognition, because things have gotten wildly out of control.
If you happen to be in India and holds the place of rupees worth of gold, you're the only one name. Because of the massive depreciation of the Indian rupee, when measured against gold record highs. Despite the fact that hundreds of dollars less than the high dollar, restore the last quarter of 2011. The Chinese have also acquired these prices.
There are only a few true haven assets remaining in the world today. There is a growing amount of manipulation going on in the financial markets through central banks all over the world. The reason is that the central banks of the utmost control over the global supply of paper money. Gold and silver prices also capable of manipulating and suppressing the direct involvement of the bullion banks conspiracy tactics.
However, because of the physical demand of precious metals increases, the global market manipulations further relaxed, and finally come to an end. Since the end of the manipulators of the economy will not be able to counter the pressure of great physical precious metals held outside control. Thus, the global manipulation and organizations behind them implode.
Imagine the U.S. economy and how it compared to the same base rate set at 6 percent Italy. The values of the asset classes, ranging from equities, bonds or real estate, everyone should be discarded. At this point, a dangerous deflationary depression is ca. However, no one is to take seriously look into this situation, a scenario that could happen realistically. Global economies, sat waiting for life-support because of the global financial crisis began. Although requiring further life-sustaining economies continue to succeed.
The Chinese have been systematically and intelligently handling of gold and silver in the coffers of the government with the vision that tomorrow may bring serious economic event. Today, buying physical gold and silver, that acts as an insurance policy, as opposed to the worst case scenario, the economic troubles tomorrow.
The severity of the crisis in the euro zone sovereign debt manhandled catastrophic problem today. It can be considered the best, the rest of the nation and people to learn, and when they finally move forward. America is not far to Europe, it is actually a worse state and soon the United States will be similar, but more trouble. Follow in the footsteps of China, to invest in precious metals today, to ensure that the property tomorrow.
While the U.S. dollar is still uncertainty over the euro king today, what would happen if the United States note that the level of debt compared to more than Greece? Although still the largest foreign holder of dollar reserves, China is clearly aware how exposed to the vicissitudes of the economy, which is a decline in the national reserve. Currently, the U.S. Treasury within the largest market bubble in history.
An important means of protection, such as diversification, but the bulk of the assets to be committed U.S. Treasury? Where else can one run to safety? Swiss franc used to be an excellent hedge. However, the franc is now pegged to stop or slow recognition, because things have gotten wildly out of control.
If you happen to be in India and holds the place of rupees worth of gold, you're the only one name. Because of the massive depreciation of the Indian rupee, when measured against gold record highs. Despite the fact that hundreds of dollars less than the high dollar, restore the last quarter of 2011. The Chinese have also acquired these prices.
There are only a few true haven assets remaining in the world today. There is a growing amount of manipulation going on in the financial markets through central banks all over the world. The reason is that the central banks of the utmost control over the global supply of paper money. Gold and silver prices also capable of manipulating and suppressing the direct involvement of the bullion banks conspiracy tactics.
However, because of the physical demand of precious metals increases, the global market manipulations further relaxed, and finally come to an end. Since the end of the manipulators of the economy will not be able to counter the pressure of great physical precious metals held outside control. Thus, the global manipulation and organizations behind them implode.
Imagine the U.S. economy and how it compared to the same base rate set at 6 percent Italy. The values of the asset classes, ranging from equities, bonds or real estate, everyone should be discarded. At this point, a dangerous deflationary depression is ca. However, no one is to take seriously look into this situation, a scenario that could happen realistically. Global economies, sat waiting for life-support because of the global financial crisis began. Although requiring further life-sustaining economies continue to succeed.
The Chinese have been systematically and intelligently handling of gold and silver in the coffers of the government with the vision that tomorrow may bring serious economic event. Today, buying physical gold and silver, that acts as an insurance policy, as opposed to the worst case scenario, the economic troubles tomorrow.
The severity of the crisis in the euro zone sovereign debt manhandled catastrophic problem today. It can be considered the best, the rest of the nation and people to learn, and when they finally move forward. America is not far to Europe, it is actually a worse state and soon the United States will be similar, but more trouble. Follow in the footsteps of China, to invest in precious metals today, to ensure that the property tomorrow.
Putting The Fed In Your Pocket
We have some crazy idea that just crazy, but many contain a glimmer of reality underneath. This shimmer is what is confusing talk about solving the nation's budget deadlock in $ 1000000000000 coin.
If you think of the idea all along, the proposed coin is just a convenient way to make the Federal Reserve Bank free spending politicians in his pocket. I do not think that such a coin ever, in fact, I'm sure it will not be 99 percent. (In Washington today, I do not think anyone can be 100 percent sure of anything.) But trust is only partially due to the fact that the super-coin idea is so confused that it was originally meant as a joke. Mostly, I'm sure the coin will not be issued because the Fed has pockets of politicians, and expenditure of the coin, the central bank can actually offer a way out.
To understand why, we need to start at the beginning.
The federal government spends about $ 1000000000000 more each year than collecting taxes and other sources. You borrow to make up the difference. The accumulated debt recently reached the U.S. Congress authorized ceiling of $ 16300000000000, so now the Ministry of Finance to pay the nation's bills emergency actions. Sometime in the next two months, the margin by the Ministry of Finance of fiscal finagling will be exhausted. At this point, whether Congress should allow more borrowing, and the government will not be able to all its debts. Some items will take place, others do not, the Treasury does not distribute the contingency plans, if any. But the only reasonable solution is for Congress to reach an agreement to raise the debt limit before we reach that point.
Congress is perfectly willing to do so, but the Republicans, who control the House and have some influence in the Senate to impose spending cuts that President Obama and his fellow Democrats find unacceptable. It seems to set off a debt-ceiling drama series, reflecting one was mid-2011, when the nation has lost its prestige rating from Standard & Poor's.
This is where the proposed $ 1000000000000 coin enters the story. While back, Congress authorized the Treasury to mint platinum coins and those coins assign any value you choose. The assumption was that these coins would make prices more attractive to collectors, and thus meet the market demand and each let the government pick up a few bucks in the process. But the law does not place any limits on the exercise of the authority of the Ministry of Finance.
So the idea of the Treasury mint a coin, and assign it a value of $ 1000000000000. Or maybe two of these mint coins. The Ministry of Finance after the coin (s) of the Fed, which, as the government's banker, duly credited to the account of the Ministry of Finance of the appropriate number of trillion. The result: Instant spend money without having to borrow anything. The debt limit becomes irrelevant.
The idea is ridiculous but its extremity. Since the days of King Croesus of Lydia, who struck the first gold standard in the sixth century, every sovereign has ensured that the nominal value of each coin's monetary value is greater than the metal it's necessary. This policy is crucial, because if the coin is worth more than the face value when melted down, finally, many of the social molten metal, and the currency in circulation. This policy is also profitable for the sovereign, because the government acquires goods and services for the coin face value, even though it costs less than manufacturing. This type of arbitrage is called "seigniorage".
Platinum traded around $ 1,600 an ounce last week. Assuming that one ounce coin pure platinum, and assuming another $ 1,600 for the design and production costs (I suggest you use the portrait of President Obama on the front and an empty cash drawer to the reverse), the Ministry of Finance would be the gain of each Coin $ 1 trillion less than $ 3,200. Not a bad day at work.
This system would allow the Treasury Department to create a large sum of money for a small amount of platinum. While this is not exactly create money from "thin air", the idea is the same. If it works, why stop at just one or two coins? The entire federal budget of less than $ 4000000000000, including four of the coins, the Internal Revenue Service could be years off. A large roll of such a change, we were able to fund social security for decades.
This sort of thing has actually happened, but usually the paper, such as platinum. The Confederate States of America had to print money to fight the Civil War. When I was a boy, a century after the end of the war, a gift shop selling worthless Allied banknotes as souvenirs. Kids my age are often hung on the walls of the bedroom.
Weimar Republic of Germany did the same thing in 1920, with similar results. As in Brazil in the 1970s and '80s, when he died of a currency known as Cruzeiro, created a new currency called the Cruzado and immediately destroyed that one too. The central bank is proud author of today's Zimbabwe Z $ 100000000000000 bill. I saw one for sale on eBay last week for $ 6.49 - American money, of course.
Supporters of the $ 1000000000000 coin assume that the Fed is indeed accepts the metallic trick than money. Maybe, but if it does, Fed Chairman Ben Bernanke and his colleagues might as well resign and go home. The Federal Reserve Act created an independent organization, the central bank of a century ago, and gave the Fed - not the Ministry of Finance - the power to create money, precisely in order to avoid what happened to the Confederacy and its currency. You do not have to lose the war to destroy the economy, you just need to mismanage it. No one, after all, broke into Zimbabwe.
The Fed, however, may only assert its independence and rejected by the Ministry of Finance offered coins. Uncle Sam then found himself in the cash, and we had to go to a serious discussion about the debt continues to rack and how high to set the national credit.
This brings us to the final implementation: Another debt ceiling raised to heaven, or removed completely, as the President would like not much is going to change. Increasing the limit does not in itself give the money to the Treasury. The Ministry of Finance should continue to bonds, and someone has to take that debt. Now, foreigners and other investors are still reeling from the financial crisis is willing to keep their money in the Treasury obligations that are almost guaranteed to lose value due to inflation. But everything has its limits. When the day comes that no one outside the government wants to buy Treasury debt, what will happen?
You guessed it. The Finance Ministry's debt will be up to the Federal Reserve will face a choice: make the money owed to you, or let the government's financial house of cards collapsed, taking into account the global economy with it. The Fed buys the debt. I'm 100 percent sure of this.
If you think of the idea all along, the proposed coin is just a convenient way to make the Federal Reserve Bank free spending politicians in his pocket. I do not think that such a coin ever, in fact, I'm sure it will not be 99 percent. (In Washington today, I do not think anyone can be 100 percent sure of anything.) But trust is only partially due to the fact that the super-coin idea is so confused that it was originally meant as a joke. Mostly, I'm sure the coin will not be issued because the Fed has pockets of politicians, and expenditure of the coin, the central bank can actually offer a way out.
To understand why, we need to start at the beginning.
The federal government spends about $ 1000000000000 more each year than collecting taxes and other sources. You borrow to make up the difference. The accumulated debt recently reached the U.S. Congress authorized ceiling of $ 16300000000000, so now the Ministry of Finance to pay the nation's bills emergency actions. Sometime in the next two months, the margin by the Ministry of Finance of fiscal finagling will be exhausted. At this point, whether Congress should allow more borrowing, and the government will not be able to all its debts. Some items will take place, others do not, the Treasury does not distribute the contingency plans, if any. But the only reasonable solution is for Congress to reach an agreement to raise the debt limit before we reach that point.
Congress is perfectly willing to do so, but the Republicans, who control the House and have some influence in the Senate to impose spending cuts that President Obama and his fellow Democrats find unacceptable. It seems to set off a debt-ceiling drama series, reflecting one was mid-2011, when the nation has lost its prestige rating from Standard & Poor's.
This is where the proposed $ 1000000000000 coin enters the story. While back, Congress authorized the Treasury to mint platinum coins and those coins assign any value you choose. The assumption was that these coins would make prices more attractive to collectors, and thus meet the market demand and each let the government pick up a few bucks in the process. But the law does not place any limits on the exercise of the authority of the Ministry of Finance.
So the idea of the Treasury mint a coin, and assign it a value of $ 1000000000000. Or maybe two of these mint coins. The Ministry of Finance after the coin (s) of the Fed, which, as the government's banker, duly credited to the account of the Ministry of Finance of the appropriate number of trillion. The result: Instant spend money without having to borrow anything. The debt limit becomes irrelevant.
The idea is ridiculous but its extremity. Since the days of King Croesus of Lydia, who struck the first gold standard in the sixth century, every sovereign has ensured that the nominal value of each coin's monetary value is greater than the metal it's necessary. This policy is crucial, because if the coin is worth more than the face value when melted down, finally, many of the social molten metal, and the currency in circulation. This policy is also profitable for the sovereign, because the government acquires goods and services for the coin face value, even though it costs less than manufacturing. This type of arbitrage is called "seigniorage".
Platinum traded around $ 1,600 an ounce last week. Assuming that one ounce coin pure platinum, and assuming another $ 1,600 for the design and production costs (I suggest you use the portrait of President Obama on the front and an empty cash drawer to the reverse), the Ministry of Finance would be the gain of each Coin $ 1 trillion less than $ 3,200. Not a bad day at work.
This system would allow the Treasury Department to create a large sum of money for a small amount of platinum. While this is not exactly create money from "thin air", the idea is the same. If it works, why stop at just one or two coins? The entire federal budget of less than $ 4000000000000, including four of the coins, the Internal Revenue Service could be years off. A large roll of such a change, we were able to fund social security for decades.
This sort of thing has actually happened, but usually the paper, such as platinum. The Confederate States of America had to print money to fight the Civil War. When I was a boy, a century after the end of the war, a gift shop selling worthless Allied banknotes as souvenirs. Kids my age are often hung on the walls of the bedroom.
Weimar Republic of Germany did the same thing in 1920, with similar results. As in Brazil in the 1970s and '80s, when he died of a currency known as Cruzeiro, created a new currency called the Cruzado and immediately destroyed that one too. The central bank is proud author of today's Zimbabwe Z $ 100000000000000 bill. I saw one for sale on eBay last week for $ 6.49 - American money, of course.
Supporters of the $ 1000000000000 coin assume that the Fed is indeed accepts the metallic trick than money. Maybe, but if it does, Fed Chairman Ben Bernanke and his colleagues might as well resign and go home. The Federal Reserve Act created an independent organization, the central bank of a century ago, and gave the Fed - not the Ministry of Finance - the power to create money, precisely in order to avoid what happened to the Confederacy and its currency. You do not have to lose the war to destroy the economy, you just need to mismanage it. No one, after all, broke into Zimbabwe.
The Fed, however, may only assert its independence and rejected by the Ministry of Finance offered coins. Uncle Sam then found himself in the cash, and we had to go to a serious discussion about the debt continues to rack and how high to set the national credit.
This brings us to the final implementation: Another debt ceiling raised to heaven, or removed completely, as the President would like not much is going to change. Increasing the limit does not in itself give the money to the Treasury. The Ministry of Finance should continue to bonds, and someone has to take that debt. Now, foreigners and other investors are still reeling from the financial crisis is willing to keep their money in the Treasury obligations that are almost guaranteed to lose value due to inflation. But everything has its limits. When the day comes that no one outside the government wants to buy Treasury debt, what will happen?
You guessed it. The Finance Ministry's debt will be up to the Federal Reserve will face a choice: make the money owed to you, or let the government's financial house of cards collapsed, taking into account the global economy with it. The Fed buys the debt. I'm 100 percent sure of this.
Why Is America Asleep at the Wheel?
There are two types of people in this country. Those who are awake and aware of the bleak future we face if we do not get out of the path of socialism, and those who think that everything will be okay, that America has always pulled himself to the recession, and politicians in the best interests of the heart. One of the questions I get asked most often, "How is it that many people do not seem to realize that the country is falling apart?" Well, the simple answer is "normal bias".
Normally distortion nutshell, the belief that because something has not happened, never will. This is the mentality that many people continue to preparations for any emergency, even if a catastrophe like Hurricane Katrina or Hurricane Sandy. It's much easier to just ignore what's going on, do not get involved, and lay low. This "Ostrich Effect" caused many people are killed by natural disasters in history and the atrocities committed by man.
Most of the Jewish population in Nazi Germany decided to ignore what is happening around them, like Hitler slow execution of the program is to completely destroy them. By the time people realized what was really happening, they marched to a concentration camp. They do not personally experienced before the genocide, so many people have decided that I do not think that what is happening around them. They are willing to open her eyes and respond to Hitler's laws and restrictions placed on them in a normal classic case of bias.
Floods and hurricanes disasters claim two more lives than it should be. If a person lived for decades in its safe, they are against the idea of their own could be flooded. A lot of people have disappeared in the swollen rivers, because he refused to believe it floods could reach them, and waited until the flood they were to grab the most valuable belongings. The sheeple will watch hurricane coverage by the news of the day, then he will be fine, although the hurricane breaks them. This has never been a disaster, so it is not possible for them to rain death and destruction in a hurricane off of them.
But there is another way of thinking that many disaster survivors, soldiers and survivalists observed. This is called "situational awareness". Situational awareness is simply the act of knowing what is going on around you, and accept the fact. People who understand and practice situational better able to avoid dangerous situations, whether in transport, the mass of the initial disaster or government tyranny. The simple fact that they are aware of the environment and what factors play it it gives them a better chance of survival than people who seem to be "tuned up."
The vast majority of the population decided to "tune out" that would lead to apathy and ignorance, that the march of our republican socialism, totalitarianism and finally. Before they can be taken back to our Founding Fathers, the American people first noticed that socialism has always failed and is not the answer to all our problems. For decades, governments, schools, and entertainment / media area, the population has been insidiously programmed to believe that the collective is more important than the individual.
Normally distortion nutshell, the belief that because something has not happened, never will. This is the mentality that many people continue to preparations for any emergency, even if a catastrophe like Hurricane Katrina or Hurricane Sandy. It's much easier to just ignore what's going on, do not get involved, and lay low. This "Ostrich Effect" caused many people are killed by natural disasters in history and the atrocities committed by man.
Most of the Jewish population in Nazi Germany decided to ignore what is happening around them, like Hitler slow execution of the program is to completely destroy them. By the time people realized what was really happening, they marched to a concentration camp. They do not personally experienced before the genocide, so many people have decided that I do not think that what is happening around them. They are willing to open her eyes and respond to Hitler's laws and restrictions placed on them in a normal classic case of bias.
Floods and hurricanes disasters claim two more lives than it should be. If a person lived for decades in its safe, they are against the idea of their own could be flooded. A lot of people have disappeared in the swollen rivers, because he refused to believe it floods could reach them, and waited until the flood they were to grab the most valuable belongings. The sheeple will watch hurricane coverage by the news of the day, then he will be fine, although the hurricane breaks them. This has never been a disaster, so it is not possible for them to rain death and destruction in a hurricane off of them.
But there is another way of thinking that many disaster survivors, soldiers and survivalists observed. This is called "situational awareness". Situational awareness is simply the act of knowing what is going on around you, and accept the fact. People who understand and practice situational better able to avoid dangerous situations, whether in transport, the mass of the initial disaster or government tyranny. The simple fact that they are aware of the environment and what factors play it it gives them a better chance of survival than people who seem to be "tuned up."
The vast majority of the population decided to "tune out" that would lead to apathy and ignorance, that the march of our republican socialism, totalitarianism and finally. Before they can be taken back to our Founding Fathers, the American people first noticed that socialism has always failed and is not the answer to all our problems. For decades, governments, schools, and entertainment / media area, the population has been insidiously programmed to believe that the collective is more important than the individual.
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