Mriana, I agree with FDR New Deal, a good move. The Dawes Plan does function in a capitalist system. As long as we have a good capitalist system the stimulus system does get the economy moving again.
After the World War II, America dumped billions and billions in Europe. And it did not take off at first. Where Japan responded quickly. I believe the big difference was that Japan had high morals and less corruption. Trump has removed many regulations and put the economy back into a better capitalist environment and the stimulus money that Obama had put out finally started working.
So, if you say America was never great. America having a President that did not understand the value of a capitalist system and how to do trade agreement work was not a great thing.
An example. In a labor management company, I was managing. I thought it would be a great help for the sales department to be able to know what type of companies our idea clients were. And try to obtain those types of business.
Of the 900 plus business clients the one that stood out was operated by a seasoned degreed owner who operated in a clock work manner. The business was kept spotless and the paperwork was up to the minute.
On the other end was a business owner who ran his business and household from the same location. He was disabled and had piles of paperwork overrunning onto the floors. And never once was he able to get his weekly payrolls in on time.
Taking my time putting the prerequisites together because I wanted to wait until the red lining system was properly working. That was where I would not allow the company to do business in certain areas of the city. If sales had a business in one of the red line areas, then they needed my approval to bring them online.
There were clients that did not speak a word of English mostly from Asia. Never had any problems because we both spoke the international language of money.
Never did get the idea client requirements implemented. Called my number one client because his bank account was closed. He said he was not going to pay because he had filed for bankruptcy. Could not believe that he would take a running company into bankruptcy. But the facts he told me was that he could make more money doing that and restarting another business again. I lost 80K which at that time was a lot of money.
I learned the common factor was the level of morals of the business owners. The Asian clients and the small business owners had more morals than the highly educated and the business behind the red line areas. Which were mostly from Mexico and Central America. The red line businesses are like shoplifters to other business, just raising the costs of doing business in that trade. The government cannot red line.
What the government does is try an regulate by writing more regulations. The regulations have as much effect on the red line businesses as the drug laws do on drug attics, little to none. But those laws highly burden the law-abiding businesses. It is hard for the small businesses to keep up with all the regulations.
The small businesses account for 98.2% of the business work force in America. The true affect of the regulations is making it harder of the law-abiding business and easier for the corrupt businesses. The goals of a red line business may be as simple as getting a business up and running to file worker’s compensation and a business insurance claim or get a government back business loan. Dump the company and go back to Mexico and buy a farm.
What I found that worked was just to educate the sales forces in all aspects of managing a business. I could talk to a business for ten minutes and tell you if the business was on the level or not. It is not that hard.
So. How do you write the regulations for morals?
That’s simple. Actually, it’s the system that we use before all the regulations took over.
You let the business regulate themselves. They know the business and what needs to be done to make the trades operate smoothly, a hell of a lot better than the government does. For example. In construction contracting. The government would give the top contractors an A level. The A level contractors had to oversee all the other contractors in their area. And a contractor started at the C level and moved up. Could not become an A level unless three A level contractors approved. This system also worked in the medical trades.
This requires putting faith in the people instead of paper corporations and regulations. We need to go back to the old system that worked.
