Market base is better than no base

   As a population, Americans believe that our country is in debt to our eyeballs with no sign of recovering. At least that is what most political news stations advertise. The truth is that it is just the government in debt with lousy money lending and poor spending efforts over the past thirty-five years. 

 

     The United States is a market based economy that depends on thriving private companies to stimulate the country as a whole. The market is full of companies, corporations, and businesses that drive America. The incentive for a job in America is getting paid. The money that is earned is invested into other businesses. The unending flow of money is now started through the drive of the market. Businesses buy from other businesses which enables them to pay people to invest their money into more businesses.

      This unending cycle is known as a market based economy. America fits nicely into this category, in fact renovating it into something that could push the government out of the window.We can only assume that is what is happening considering the government continues to make questionable spending decisions and the gap between rich and poor gets larger. Maybe Karl Marx was on to something with the Communist Manifesto, but that has a whole other logic behind it.

      In reality the unemployment rate has improved over the past year. I do not know if we can safely say it is the Obama administration to thank, but the stimulus with the Federal Reserve. Investors stocks are at record highs, but I also contribute that to the amount of money being pushed through economy by the Federal Reserve stimulus. In a sense, The United States is in a great position when it comes to being self-dependent. America's outsourcing is almost non-existent compared to the amount of importing done. This means we do not rely on other countries to buy from the US, but the US to buy from other countries. 

      

      This is comparable to a rich man buying products from other people who make the product that the rich man could not make due to his skill set. The United States has it's own kind of productivity, just as China has theirs. The skill sets vary vastly between countries. Think about it. Would you rather have a market based economy that provides people with their own free will to choose what they want to do or a set economy with set government pay to which people really have no say in what they get paid? A market based economy ultimately increases their productivity to produce ideas that require manufacturing (United States), this manufacturing is done in other countries to where it is cheaper to pay for labor due to that countries set government pay (China). Would America really be destroyed without China now looking at it from that standpoint? Possibly, but in the end a market based economy is the overall best choice for a country to make.