經濟,財務,統計學,數理科學與政治評論

Dear American people:

  You have some deep troubles to face. But you try hard to ignore those issues. It will bring America down to hell again. There are several issues that the USA still has to face.

  The first one is the wealth inequality and the deterioration of income growth. You have to face the issue that the wealth inequality society will bring down the consumption. A better wealth distributed nation can bring the most happiness to its own people. Do not forget that China is a communist society. It means that China can take away anything from the rich anytime and anywhere as long as those are in the land of the Red China. The wealth redistribution process has just begun. We see those big corporations which import commodities taking away the profit between input and output now all have some troubles. The growth of China stock market focuses on the new economy, including the game industry, the internet service, the e-commerce and the IT industries. It uses less commodities or use commodities much smarter than those big corporations. Red China is changing itself from the export-driven nation into a self-sustained nation. It uses its own wealth to change its society. China is in a progressive path which changes gradually and makes itself even better. The growth content of China stock market changes quite a lot which can not be shown from the traditional indices, containing those big corporation which use commodities import and manufacturing export to make their own profits. Those days are gone. Red China makes itself to be an import replaceable nation which grows those new economy corporations or industries. All those growth builds on the foundation of a better wealth-redistributed society. The wealth discrepancies may be larger than we know in China, but China is a communist nation which can easily take the wealth from some specific people' hands. If Chinese government thinks something should be adjusted, it can change the rule and deprive the wealth from somebody in one day. It is much stronger than the USA which needs the congress to change tax code. People may think it just shows how China does not care about the human rights. For those poor Chinese people, they may think the opposite. Chinese government is in title to take away all those unjustice in one day and bring those wealth back to the state. It is the benefit of communist. American people use different way to have a better wealth-redistributed society. American people try hard to convince congressmen and try hard to convince the rich that a better society with larger consumption power depends on a good wealth-redistributed mechanism. Now the congress refuses to let American people have a better wealth-redistributed society. What can you do about it? A better wealth-redistributed society brings the most wealth and jobs for the nation. It is a texbook example written by American scholars.  

  The second issue is tied to the first one which is the mortgage rate in the USA is a little bit too high right now. American people can not earn that much. A higher mortgage rate will force American people to sell their homes again if the prime mortgage rate goes higher and higher above the increase of payroll. We find the monetary poicy of Fed can not resolve the conflict. It needs the congress to intervene or the government to get into to solve the issue. A rising home price is good for American people. But a rising mortgage rate is harm to American people, especially to those who have decent jobs and want to have sweet homes. You have to come out with some solutions to help all those families with mortgage burden. A good cycle begins from those families with homes. Those people can save more and help others to have their life back. The power of consumption can be brought out if America government tries hard to bring down the mortgage rate. Don't forget, the 70% growth of GDD in the USA is associated with the consumption. American people have to help themselves. God help those who help themselves.