How to multiply our expenditure and deal with the mess?

President Obama hopes to save our economic by stimulating consumption. He is going to the wrong direction because he doesn’t even know what causes the mess. All these years Americans are mislead by our consumption philosophy. Over-consumption has created all those bad debts for our banks. Over-consumption must be back up by high salary and that forced our business to move oversea. Both our banks, our government and individual have huge debts. Yet Obama hopes to save our economic by increasing consumption. He is living in his dream and lead us to a wrong direction.

I presented my opinions about how to deal with the mess in my book “ Why Life Events are Predestined and How Our Universe Originated”. Method one is a plan that turns expenditure “multipliers” to greater than one. Basically government should turn their fund to be properties. The process will create job and the properties can turn to be income or substitute income in long term.
1) In the places where have high unemployment rate, the government can build factory facility. Let unemployed people work and receive training there. having those facilities, government can charge low rent and low tax to help manufacturers to settle down. Government can also provide minimum pay labors to work there. With low rent and low salary paid our manufacturers will have higher chance to beat the products make in foreign countries . Government later can charge rent base on the profit that the businesses make.

2) Build retirement homes provide that free to the people who willing to retire early. The projects can create jobs immediately. People who live in there can leave jobs open because they retire early. We have 100 million people over 55 years old, an age arrange that the Chinese retire at. If two percent of them willing to retire early they can provide two million jobs for the society.
Base on my research the 4.5 billion dollars we spent on ” cash for clunkers” just created a few thousand jobs for motor companies temporary. However the same amount of money can build 1000 retire home with 100 units each. It will help 100,000 people retire and leave their jobs open. It also can create 100,000 construction jobs immediately. The major point is that government didn’t lost any funds in the projects but turn their fund to be properties and became the permanent landlord. Government can provide free housing instead of pay social security checks to people.
We can improve those people’s life quality by setting up dancing, cooking, gardening course. Their income maybe reduced however with the leisure time they can chatting on line, playing chess, Poker and watching TV ect. This idea is practical because people need companies more than need money particular when they get old.
Method three can increase jobs by spending nothing.
3) We can let two people share one government jobs. Tax payer’s money should be used to benefit as many people with this kind of economic situation. New York City’s employees are taking average $100,000 salary and benefit per year. That money can support two families. Today government’s hiring are the sum of our construction and manufacture jobs. That means sharing government jobs can easily create a few million jobs for the market. It is said that decreasing one working day per week can decrease at least 10% unemployment.

It is truth that reducing our working hours will decrease our salary and result in reducing our consumption. However, it can help us to save resources on earth. Consumption philosophy is not practical because our globe does not have resources to support that kind of waist. If people in the whole world have American’s living standers resources in the earth has to increase 500%. The practical way is to encourage people learn how to live well with low cost. Reducing working hours can increasing our leisure time and that allow us to have free entertainment from Internet today.

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