What’ll it take? – Housing Economy Views and News 3/7/2010 – Bob Zartarian
What’ll it take to pull us out of the malaise that is Housing and our Economy? Will it be Health Care Reform, Cap and Trade or Environmental mandates? How about HARP and HAMP and the other well meaning but thus far ineffective housing programs intended to stop the decline in property values? Will it be higher fees on government services or higher taxes? I think not.
What’s needed is a fundamental change in the way our nation does business. Let’s put the energy we’ve expended in the health care reform debate and instead allow America to restore its position as the world leader in commerce. Let’s focus the energy of the American people on business and admire innovation. Let’s conclude trade agreements and reduce corporate taxes to allow our industry to compete on the world stage. Let’s harness the fundamental industriousness of our people to work. Let’s allow Americans to create wealth for a better and richer life for themselves and their families.
No, tinkering with a tax credit here and there or giving a bank $1000 as an incentive to approve a short sale will not return America to prosperity, it’ll take a national policy that recognizes what America does business best and business begets jobs. It’s jobs that will create real demand and that will lead us out of our malaise. Tell your elected representatives to pave the way for business to thrive and do it now before our overspending thoroughly weakens us as a nation. That’s what it’ll take.
These views are strictly my own
Bob Zartarian
They Both Got it Wrong – Housing Economy Views and News 2/24/2010 – Bob Zartarian
First it was New York, now it’s Washington. Unfortunately both got it wrong.
It’s not controversial to say that overzealous Wall Street types created fancy financial instruments that blew up Housing and ultimately the Economy. Let’s also remember that Washington types jumped in and instructed banks to make loans that didn’t make sense either. So Wall Street with Washington’s “encouragement” worked together to bring it all down.
Now the music’s stopped; we’re faced with high unemployment for years to come except now Washington is the old New York. Instead of Wall Street derivatives bringing us down we have massive Washington spending programs led by Health Care Reform and Cap and Trade looming. And then there’s taxes – old ones, new ones and those old ones ratcheted higher that will drain the pocketbooks of consumers. Without a vision of a solid future past job creators are holding back – with what’s going on why do otherwise? Turns out those Wall Street types aren’t so stupid after all. This time banks aren’t following Washington’s lead with easy credit and catching lots of heat for it.
Both got it wrong before. Hopefully Washington, the new New York will listen to the American people who appear to be saying our lawmakers must stop spending in a no growth, high debt and deficit, no job creation economy. We need years of good old fashioned common sense – that will restore confidence and the jobs that will lead us out of this morass we’re in now.
Bob Zartarian These views are strictly my own
Housing Economy Views and News 2/24/2010 – Bob Zartarian
Most would agree that to get Housing and the Economy back on track we need more demand and spending brought about by consumers with jobs and disposable income. After all, that’s what all that stimulus spending was supposed to be about.
How is it then that allowing the “Bush” tax cuts to expire and instituting Health Care reform which will add taxes for years before benefits kick in can bring back jobs and grow the economy? Don’t taxes take disposable income away from consumers and slow job creation?
Bob Zartarian – These views are strictly my own
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