Why is it hard for the government to fix stagflation?
In economics, stagflation is a situation in which the inflation rate is high and the economic growth rate slows down and unemployment remains steadily high. Now, unemployment and low growth go hand in hand so does inflation and high growth. then, what's the meaning of stagflation....not given in textbooks ? It means the real growth is much less because of high inflation and it could be even negative. There are very few skeptics in high seats and they all are silent. Truth is US has gone down heavy, in real output ie market competence has lowered, profitability has lowered and money flow is rampant. This is not visible through capitalistic theories and government relies on those sort of economists for advice .... so cannot do anything. Classical measures of low interest rates and low taxation have been proved futile since, as they approach the bottom their efficacy is exponentially reduced. In fact, bail-outs was negative taxation ! but , did not work !! I think USA has reached status of its favorite privileged baby - Japan. stagnant for two generations at least, is the future. See the phonetical resemblance.
How can we fix the Indonesian government?
Addendum to Ikhsan's answer.We can learn from our successful, tiny neighbor island state of Singapore. Not an exhaustive list, but pretty good for a start.1. Eliminate corruption. Enough said. We have the tool to do so, KPK. But it is understaffed and underpowered. It's like attempting to make incision using butter knife instead of surgical knife. 2. Meritocracy. Right person for the right task. Accept only the brightest minds to work in the government sector and reward them handsomely to mitigate brain drains. I noticed that most, if not all, of state ministers in Singapore comes from solid academia / professional backgrounds.3. Fair level playing field for everyone, regardless of ethnicity, religion etc. Socially we are pretty good at this (bhinneka tunggal ika), but we also need to level the playing field in other aspects: equal chance for education, employment, etc.
Can capitalism fix itself, can government fix it, or can it not be fixed at all?
Most of the debates I see here on Y/A are based on the opposition of two positions: laissez faire economics (espoused by the right) and liberal reformism (espoused by liberals). The right says that the actions of the liberals are making matters much, much worse. The liberals say that only by state intervention can the problem be fixed and that laissez faire caused the problem in the first place. (Incidentally, the right incorrectly ascribes Obama's policies to socialism, which provides cover for Obama as he hands trillions to private banks and brokers. He's not a socialist by any means, although he is conducting a major program of state-interventionist and propped-up capitalism. He's overseen the largest transfer of public funds into private hands than any president in US history... I'm not saying that's good--indeed--but it's not socialism. It's an attempt at liberal reformist interventionism.) Can either laissez faire or reformism adequately address the enormity of our contemporary financial crisis? Is it true that reformism is doing more damage than good? Can reformism possibly do what it did in the past, under FDR for example, or is the system simply too compromised and unable to afford such programs? If neither laissez faire or reformism is capable of ending the crisis, then what is? Is capitalism going to self-heal, or will it require reformism, or are neither possible at this point? I have my own idea, of course, but I want to hear what others say.
Go back to your country and fix your own government, you think it's that easy?
I find it funny how a lot of people say this. First off look at the american government slowly taking your freedoms away and keeping you from gaining wealth. Why don't you fix it, it's hard isn't it. How do you expect other countries to do this so easily, and what do you think would happen. If a civil war started in that country the US would interfere and side with the government just to keep the country in the state that it is so it could still supply cheap labor to America. Not only that it would feed you garbage through the media that this civil war is nothing but an act of terror and the people that are trying to take over the government are communists. Then the people that were trying to take over the government to change it and make it work for all it's citizens will be called insurgents and terrorists, when in fact they wanted a better government for all people. Then instead of illegals you will have refugees from that country here, just another thing to bit-ch at.
How can the government fix the systematic racism problem in America?
Part of the problem with fixing institutional racism is that it has already gone on for too long. It has created a situation where we have class differences, with minorities in the poorest and thus most crime ridden places in our society.You cannot solve institutional racism without dealing with fear. You cannot deal with fear without dealing with the poverty and lack of quality education that genuinely *does* make a person of a minority more likely to be a threat to law enforcement.So... you need to attack it at multiple levels.Solve the institutional poverty of minorities in this countryGet them into good schools including a path to collegeDemilitarize police an replace them with officers drawn from the communities they need to work with.Encourage social mixing, starting at an early age. (some of this will happen automatically as we raise the income level.) Consider universal conscription and the deliberate mixing of citizens in their assignments to break down existing barriers.Italy had a similar problem with Northern and Southern Italians. They are racially very different. Northern Italians looks like Swiss. Southern Italians look like Greeks. For a long time they despised each other, It was so bad that when "Airplane" was shown dubbed in Northern Italy they repalced the "Jive" with a deep southern Italian dialect.After WWII they wanted to fix this, so what they did was institute universal conscription and send all southern recruits to live in the north and all northern recruits to live in the south. It was very successful in breaking down those barriers.When you actually live with people, you learn they really are people like you.
12.Why is it hard task for the government to fix stagflation?
In economics, stagflation is a situation in which the inflation rate is high and the economic growth rate slows down and unemployment remains steadily high. Now, unemployment and low growth go hand in hand so does inflation and high growth. then, what's the meaning of stagflation.... It means the real growth is much less because of high inflation and it could be even negative. US has gone down heavy, in real output ie market competence has lowered, profitability has lowered and money flow is rampant. This is not visible through capitalistic theories and government relies on those sort of economists for advice .... so cannot do anything. Classical measures of low interest rates and low taxation have been proved futile since, as they approach the bottom their efficacy is exponentially reduced. In fact, bail-outs was negative taxation ! but , did not work !! I think USA has reached status of - Japan. stagnant for two generations at least.
Will we ever be able to fix our government education system?
-12/7/07 Washington Post: “The scores from the 2006 Program for International Student Assessment showed that U.S. 15-year-olds trailed their peers from many industrialized countries. The average science score of U.S. students lagged behind those in 16 of 30 countries in the Organization for Economic Cooperation and Development, a Paris-based group that represents the world's richest countries. The U.S. students were further behind in math, trailing counterparts in 23 countries.” -3/9/11 AP: An estimated 82 percent of U.S. schools could be labeled as "failing" under the nation's No Child Left Behind Act this year, Education Secretary Arne Duncan said Wednesday. "We should get out of the business of labeling schools as failures and create a new law that is fair and flexible, and focused on the schools and students most at risk," Duncan said. [Translation: lower standards…again] -9/24/12 http://www.theatlanticwire.com/national/…"SAT Reading Scores Are the Lowest They've Been in 40 Years" http://www.opensecrets.org/orgs/list.php… Top All-Time [political campaign] Donors, 1989-2012: -The National Education Association (largest government teachers’ union) gave $43,613,263: 71% went to democrats, 5% to Republicans. -The American Federation of Teachers (second largest government teachers’ unions) gave $34,698,466: 86% went to democrats, 0% to Republicans. http://nces.ed.gov/programs/digest/d09/t… National Center for Education Statistics: Average salaries for full-time teachers in public and private elementary and secondary schools: 2007-08 -Public school teachers: $53,230 -Private school teachers: $39,690 -http://nces.ed.gov/programs/digest/d09/tables/dt09_182.asp Total and current expenditures per pupil in public elementary and secondary schools: Selected years, 1919-20 through 2006-07: In constant (inflation adjusted) 2008 dollars the amount spent per pupil in 1960 was $3,394; in 2007 it was $12,463 -http://www2.ed.gov/rschstat/research/pub… U.S. DEPARTMENT OF EDUCATION DOC # 2004-09 Educator Sexual Misconduct: "Actions of teacher unions. Until recently, teacher unions in many states have actively opposed legislation that would require positive identification (e.g., fingerprinting) of teachers convicted of sexual abuse of students. In most states, teachers who are already employed are exempt from regulations such as fingerprint identification."