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American Fortune Life - Chapter 1541

Published at 7th of November 2021 08:02:15 AM


Chapter 1541: 1541

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When Guanhai was elected the 44th president of the United States, everyone knew that it was not only flowers and applause that greeted him, but also the serious financial crisis. How to solve the economic problems has become an important task for the new white house owner.

since December 07, the US economy has been in recession, consumption has shrunk, unemployment has increased, the housing market bubble has burst, and financial markets have been fiercely turbulent, Citibank, general motors.

These "Big Mac" enterprises, as the symbol of American economy, are also struggling on the edge of life and death.

In a series of economic challenges, the continuous rise of unemployment is a major problem.

In order to calm people's panic and boost market confidence, Guanhai has repeatedly stressed that after taking office, its main focus is to strive for more jobs for the people.

The "magic wand" in his hand is the economic recovery plan known as the "new deal to watch the sea" by the outside world, which is the focus of attention of all parties.

However, if we want to pass the Congress smoothly, we need to compromise and exchange in many ways to achieve the ultimate goal.

The current economic dilemma facing the United States is the worst in many years. In order to avoid distraction and delay the important tasks, Guanhai and his team are prepared to postpone the implementation of the commitments made during the campaign and focus on economic issues to curb the decline of economic growth momentum.

Faced with Andy's sharp problems, the sea watcher helplessly opened his hand and said: "Andy, I also want to fulfill all commitments, but you know, this needs to be prioritized.

In the face of the most serious unemployment problem since the Second World War, it is clear that we need to focus on this problem, slow down the deterioration and turn the situation around. Therefore, the issue of employment should come first.

We can only make some sacrifices if the stimulus plan is to pass smoothly.

The first 100 days after taking office will be our critical period. If we still can't effectively curb the economic downturn, or people still can't see the hope of economic recovery,

the confidence of the outside world in our government may be lost. And if we can turn the tide, it will pave the way for the future. "

Andy took a sip of coffee with a light smile on his face, leaned forward and put the coffee cup back on the table, listened to the explanation of watching the sea, looked at him with a light smile and said: "for the overall situation, does everyone have to make some sacrifices..."

Everyone has to give. The sea view replied.

Andy shakes his head and laughs. His voice is bland: "developing new energy and reducing dependence on oil. Under the current economic situation of the United States, adopting supportive policies can not only promote a new energy industry, but also create millions of jobs for the United States, and at the same time enhance the energy security of the United States.

Maybe it doesn't have large-scale infrastructure construction. It can stimulate investment and consumption by increasing tax rebates or tax cuts, but economic recovery can't happen overnight, can it

Andy can't be easily persuaded. It's in his own interest. Tesla needs to develop rapidly. The policy support of the federal government is the key link.

Now they tell him that the new energy policy needs to be delayed, which is undermining his overall plan, moving his cheese, how can Andy promise, not only not promise, but also insist on promoting.

Watch the sea and look at Andy's indifferent smile, then say to the rest of the room, "let me talk to Andy alone..."

They nodded, then walked out in turn, and Shiva's eyes on Andy sitting on the sofa became colorful. We have to say that Andy really refreshed her many impressions and surprised her.

In fact, it's not just Shiva. Everyone here is as calm as if they had known Andy Smith for the first time.

You know, he is facing the new president, vice president, Secretary of state, Secretary of defense and other key figures of power. It seems that the identity of these people has not brought him any influence.

When there are only two people left in the office, he sits on the sofa opposite to Andy, leans forward and says with a serious expression: "Andy, in the face of the severe financial crisis, my" medicine "will have a great" side effect ". It will exacerbate the US fiscal deficit and risk devaluing the US dollar.

When I became the new owner of the White House, there was widespread hope that I could do something about saving the American economy.

Whether it is to postpone the reduction of exhaust emissions or to slow down the implementation of the new energy plan, we must make some compromises in the face of the precarious domestic automobile industry and energy industry. "

Andy shook his head and smiled, then looked at the sea with the same serious expression, and said: "Mr. President, believe me, at this moment in the American economy, no plan can be a" quick fix ", and any policy has lagged behind.

Even if the implementation of the new deal goes smoothly, economic recovery will not be achieved immediately, and the U.S. economy may continue to deteriorate before it gets better.

By increasing tax rebates or tax cuts, stimulating investment and consumption is a trump card that can play a key role and cannot be easily played out.

In the face of panic and lack of confidence in the market, it may play a greater role to prevent the boots that everyone is looking forward to landing.Unexpectedly, the expectations of the people will continue, so that they will not become more pessimistic because of the deteriorating economy, because everyone knows that you still have a card to play!

What do you think, Mr. President? "

Andy said that, obviously saw the sea for a moment of consternation, then frowned and pondered, Andy did not disturb the contemplation of the sea, holding up the coffee, mouth up to drink.

"Are you sure the economy will continue to deteriorate?"

"I can't give you a positive answer, but I can tell you that the crisis is far from over. Even if the financial market is likely to rebound at the bottom, the subsequent impact of the financial crisis will still exist, and the recovery momentum of the world economy will still be very fragile.

In this case, even if the stock market rebounds, it is bound to be difficult to last. Any new agitation may lead to a market correction.

From the perspective of the operation mechanism of modern financial industry, financial market is a kind of confidence economy, which has a natural tendency of leading and panic.

It can be seen from the crisis that investors will not panic until the world economy is really in the great depression. Instead, when the world economy is likely to decline, they make the worst plan that the world economy is likely to fall into the great depression, and then take actions accordingly, resulting in the market "falling too far".

It's easy to destroy confidence, but it takes time to rebuild, and it needs to be slowly rebuilt in a progressive way.

Playing trump card as soon as you come up will definitely have an obvious effect. The stock market will rise, but what about later?

You can't expect a trump card to turn the situation around, can you?

Then, when the real reversal node, there is no trump card in hand, how to solve it? "

Listening to Andy's analysis and three consecutive questions, the sea watching expression became more and more dignified, "do you think it's time to delay the tax rebate or tax reduction efforts to stimulate investment and consumption?"

"Of course, what should also be delayed is to raise the tax of the rich. We can't expect the rich to spend and invest more here, but we need to increase their tax revenue there, right? That's only going to get the money out of America. "

"You should join my economic advisory group," he said, looking at Andy's face

Andy smiled, didn't say much, but continued to suggest: "my view on the economic stimulus plan is to upgrade roads, bridges and energy innovation subsidy policies, as well as arrange more police forces in the streets, and expand high-speed network services as the first part. According to the survey data, the annual increase of broadband penetration rate by one percentage point will generate 300000 Jobs.

In order to provide Tesla owners with the infrastructure needed for long-distance travel and relatively complete network popularization, Tesla is preparing to launch the urban super charging station plan, which will generate new jobs once it is launched! "




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