Our government is based on a system of checks and balances. In our system of government power is shared between the president, congress, and the courts. No one branch has the power to do much with the other two being in basic agreement. No one person can fix the economy.
Our economy has been run into the ground though decades of extreme fiscal irresponsibility. Americans have to face austerity. The argument now is who should have to suffer. One side argues that corporations and the wealthy already pay enough or too much in taxes and that the programs that the middle classes and poor have rely on such as Social Security, Medicare and Medicaid have to be cut. The other side argues that corporations and the wealthy have gotten a free ride for a long time so they should have to contribute more. The truth is the hole we are in is so deep that everyone is going to have to feel the pain for a long time before we can get our heads above water. Fixing the economy will be a long term job through several presidents and congresses.
We all are individually.
This entails familiarizing yourself with the way that our country's and the vast majority of western nation's economic systems work. Debt based banking systems.
A debt based monetary system is untenable. This is the system western nations operate under. As long as this is the system we have... it is impossible to repay the debt that was created. Though the debt owed to the central banks... crucial to the debt based system... was created without risk or forfeiture by the banks and is therefore without merit.
Here is a video tutorial: Note current RNC Presidential candidate Ron Paul in the video. I think that one way of solving the economic problems would be to elect him to office and institute his sound money fiscal policy.
The economy is under global influence. Economies of all countries in the world have impact on the others. The political leaders of all theses countries would have to work together to get it fixed. But they don't. They all have their own ideas and they all will try to be the one who leads...
It's like 200 builders, building a house but they don't talk to each other and don't work together at all. That won't work either.
You are responsible. The government cannot force you to spend money, and until the nation as a whole begins to stop saving money and instead spend money, the economy will be sluggish. Economics 101: Demand is inversely related to supply. Right now, there is no demand. Supply has been cut due to lack of demand. This is the slow business everyone is seeing.
I don't think any one person is responsible for fixing the economy. I'd say it's a team effort between Congress and the President to come up with a budget and pass it.
The president has responsibility for that, also depending on the decsions he makes will have the outcome of if the economy gets better or worse!!
everyone has a part to play in their economy.that leaves everyone being affected or benifiting from their economy responsible for it
Businesses, corporate giants,because they have big money, idk alot about economics ,but i do know that it takes money to make money