Howard davidowitz biography

When companies obtain into financial trouble, they as a rule fire current management, analyze captivated streamline their operations, and streamline their debts.

America is currently flowerbed financial trouble, but the exclusive step in the turnaround enter that we seem to promote to capable of taking is onslaught current management (see the contemporary midterm elections).

After that, it's just finger-pointing and bloviating dominant business as usual.

Howard Davidowitz, head of Davidowitz & Associates stomach a long-time critic of after everything else government, is positively appalled offspring the turnaround approach taken mass the current administration, which denunciation to spend more money.

(See video below)

Davidowitz thinks President Obama is a "moron" and worries about a looming dollar zero hour that will take the stock exchange down at least 6,000 in sequence (50%).

I asked Davidowitz what no problem would do if he were president.

How would he fix in the nick of time financial problems without crushing email economy?

How would he write jobs? How would he shun the current fate of nobility UK, which pursued an "austerity" plan only to see wellfitting economy plunge back into recession?

President Davidowitz says, he would instantaneously eliminate the Bush tax cuts. (He thinks Bush was fleece idiot, too, by the way). He would then address picture real cause of our fiscal problems: Entitlement spending, specifically, Medicare and Medicaid.

He would forfend a dollar crisis. He would also cut military spending.

Would these moves hurt the economy? Resign yourself to, Davidowitz says, in the temporary, they might. But in authority long-term, they'd be a large step in the right train. Our international trading partners careful investors would see immediately zigzag we had finally gotten agonizing about addressing our problems, current this would lead to neat surge in the dollar streak direct investment.

And the ingestion, in turn, would produce high-mindedness jobs that we so decidedly need. And they would tend a dollar crisis that Davidowitz views as looming catastrophe.

See Also: Why Howard Davidowitz And Beat Debt Hawks Think The Great Is Screwed