FIX IT BRAINSTORM

This post is to be used to put forth out of the box ideas that can/will fix the economy.  It has been my experience that when teams are stuck with no clear correct way forward they engage in a team activity called brainstorming to fire up the creative juices.   Though I am a progressive I don't see the President's economic plans as adequate to address the entitlement mess we have in front of us.   However, the President's plan is light years better than ANY republican plan.  I guess the word ANY does not apply since all republican plans are the same i.e. cut taxes on the rich and eliminate all regulations.  Obama's plan racks another 10 trillion in debt in 10 years and the Ryan budget adds about 8 trillion in 10 years even with extreme cuts in medical benefits for the elderly and poor. 

I welcome you to post your thoughts and ideas in the comments section of this post.  To post a comment you need to click on the posting heading FIX IT BRAINSTORM (blue font) then type your thoughts and ideas in the comments box.

I'll get things started with my out of the box brainstorm idea to fix the economy.

IDEA - - - Capitalize the United States of America.

** Come  up with a value for everything owned by the USA....for example - all military assets (guns, missiles, tanks, bases, embassies, ships, aircraft carriers, aircraft), the interstate hi-way system, Hoover Dam, National Parks, Electrical grid backbone, Internet backbone, Government Buildings etc. etc. etc.  My WAG (wild ass guess) is the total value would be say.... 125 trillion dollars.

** Issue common shares (IPO) for say $10 per share

** Only US citizens and US companies can buy the shares

** Elect a board of directors that will pick officers - Chairman, Treasurer etc.

** Open bank accounts and deposit 18 trillion to pay off the existing debt

** Pay dividends

** Eliminate all taxes....yes all taxes

** Act as angel capitalists on new ventures creating earnings

** Subsidize industries that compete on the world market...the hell with China and the rest of the cheap labor markets.

That' it for now, more to come.