Tuesday, Jan. 31, 2012 | 2:01 a.m.
Not to worry America, there is a solution to our economic woes; it’s called “full employment.”
We are at a crossroads. However, one road leads to economic “redistribution of wealth” and prosperity and the other to economic ruin and poverty. The choice is up to those who drive the economic engine.
The fuel that propels the U.S. economic engine is full employment. Ronald Reagan believed the fuel would come from trickle-down economics, but trickle down has proven to be a big pyramid scheme where only those at the top get paid off. What we need in the economy is a ripple effect, where the wealth expands among the contributors.
Trickle-down entrepreneurs no longer appear to be interested in paying the cost of doing business here. They are opting out. You can not remove the means of producing goods and expect the service industry to sustain the economy. With their departure, America will soon become a Third World country.
One can only hope that American industry and Americans do the right thing: Buy America!