We're not pilgrims, we're 21st century Americans struggling to stay out of a depression like our grandparents.

Two weeks back when I saw this prompt I thought about taking the idea of one of my classmates from a previous blog entry and writing four words, 38 times each. These four words are “GET RID OF OBAMA.” I have a right to take that stance but since I’m not sure what kind of grade I would get for that, I’ll try to answer this with a more detailed way to fix our economy, if that is a possible feat. 

In all seriousness, I will say that I believe Obama’s administration is a large reason why our economy is failing. In his first term he has added about $6.5 trillion to our debt, more than any of our other 43 presidents. Now if that doesn’t scream something is wrong with this situation, I really don’t know what does.

So, step one, remove this man from the presidency. The next step to improving our economy would be to stop the dependency of so many Americans on credit. This idea has its good points but it creates a false feeling of wealth which can crumble as seen with the Depression of the last century. If we turn away from this then maybe we will go back into a time of more prosperity like that of after the world wars. When people pay in cash, they are more likely to watch it; thus more likely to make better choices on how to spend it. 

After reading these other blogs, I have to say that the barter system just isn’t plausible in this time. Bartering goods for goods would mean going back to a primitive “apple for corn” kind of economy to which we cannot revert. Distributing the gold to the people (instead of paper money, not like a distribution of wealth- that would kill us even more, and make us a socialist/communist nation. No thanks!) doesn’t come across as that bad of an idea since we could directly trade to foreign countries, but it would mean less money to go around and would completely change how we pay for things. 

 We do need to keep exports down, specifically trade for oil, but to do that we would need to develop alternatives. I honestly don’t think it would be too terrible to drill for oil in a very low inhabited area of North Dakota, it doesn’t exist anyway right (Mr. Holloway reference)? If it is true that we have a truckload of oil up there then why not use it and keep the money in America? Perhaps a higher tariff on imported goods should be enacted to make it less expensive to keep production here and not in China or other such places. 

Now, I am not an economy guru, I haven’t even taken an economics class, and I know plenty of you will highly disagree with this, but I’m just throwing ideas out there which seem plausible to me. Hopefully soon we will get some leadership in helping our economic situation and these blogs won’t be needed.