The Recession Was Avoidable

Basically what has happened to our economy, the means of exchange has decreased significantly.

The Committee For Economic Reform and a Better Economic Future has developed an Alternative Economic Stimulus plan to restart our economy. It does not require the Federal government to create a huge deficit, to return consumer's deposable income.

CSUB Professor of Economics Mark Evans was quoted as saying, we are going to have to live with large deficits for a long time, and there is no other way. We disagree with that statement. The Committee believes that there is another way. President Obama is relying on Keynesian Economics. John Maynard Keynes policies put governments into massive debt, to stimulate the economy and return people's disposable income. Over time more government programs are created, increasing the size of government, as our economy cycles through periodic periods of recession and inflation.

Consumption and home creation represents 75% of the economic activity in our economy. The economy will not fully recover until the consumer's financial condition and confidence improves. Investor confidence, in making long-term investments, needs to improve also. This will happen as the economy improves and when we enact the Zero Inflation Taxation Policy.

When the Federal Reserve lowered the Fed rate and the banks and other financial institutions could not follow the Fed' lead, of lowering the cost of the means of exchange, the collapse of employment and the stock market occurred. If lower interest rates had been available, for credit worthy borrowers, the money supply would have quickly expanded, creating enough of the means of exchange for our economy to continue to work.

The recession would not have gotten out of control, causing the massive layoffs, decreasing people's disposable income, there-by causing the economy to continue its downward spiral. Consumer and investor confidence was thus lost.

The enterprise economic system cannot operate efficiently, without the correct amount of the means of exchange (money) being in balance with available supply.

They are asking you for your endorsement and support of the Alternative Economic Stimulus Plan. They are asking you to please review it at their web site. They also want you to read the other economic policy papers first, so you will obtain a complete picture of why we are repeating the mistakes of the Great Depression. Without the changes we need to improve our economy, we will continue to repeat the mistakes of the past.

They said that we could make this happen. We have the opportunity to leave our posterity a more secure and stable future. We are a nation of free people. We are responsible for the laws that are enacted and for the policies that guide our economy. We can make a difference. Do it for your grand children and great grand children. End the recession now, without a huge federal government deficit and another cycle of inflation.

Committee For Economic Reform and a Better Economic Future web site is http://www.economysflaw.wordpress.com/ The Committee is made up of noted economist, retired Economic Analyst, Businessman, Financier, Investor, Author, and former candidate for the California Congress.