How to boost the economy during slowdown?

Washington Post,Oct.21, 2008 page A14:

"Many independent economists say spending that goes to low- income Americans is likely to spread most rapidly through the economy as they are less likely to save the money. They need to keep body and soul together with high cost of living as per the letter to the Editor in New York Times today. If I may use an adage: Giving one fish to someone,he/she would eat it but if someone is taught how to fish,he/she can catch more fishes with training. My point is to train the low -income Americans with marketable skills so that they can get jobs more readily. I sent my prior blog to that effect. FED chairman Bernanke said measures to improve access to credit might be effective at promoting economic growth and job creation. I have reason to believe that Bernanke would endorse the idea of training the less fortunate Americans to be able to get jobs with marketable skills as I pointed out in agreement with other thinkers.

Page B1: Asian Americans feeling the power to vote for Presidential election on Nov. 4, 2008. I remember the last debate of two candidates and both mentioned China as the creditor and US is the debtor. It would be significant for the next new President to have contact with leaders in China for cooperation and collaboration in economics and in science as well. I watched Phoenix TV: US-China has a cooperative project in space exploration for the benefit of humankind in the 21st century. That is a step in the right direction in the days to come.

Francis Shieh a.k.a. Xie Shihao,a watcher for the positive development for the benefit of peoples in USA and in China to pursue worthwhile projects for humanity.

October 21, 2008 at 5.55 p.m.