Let's imagine you were the president of your country, How would your Economic

[Black susano]

The reason why I bought this topic is because of the matter arising today in the economic system, I no maybe this topic may sound like shit or may never come to pass, but let's keep that aside the way cost prices are now in some countries is like hell, so I am still asking if you were the president for a year in your country, how would you treat your country economic growth what will be your plans as the supervisor over the country and how would your economic budget look like.
The reason why I bought this topic is sometimes we merely talk about the future economic systems maybe we could just outline some key points on how you would rule your country in the future of the ecosystem.
Note this!!!!
Sometimes dreams do come to pass☑️

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[Nwada001]

I no maybe this topic may sound like shit or may never come to pass,

First of all, trust yourself. Don't start by condemning your words in front of others when you start doing things, so you give others enough reasons to completely ignore you or also consider everything you say trash. Not just here in this forum but even outside the forum. Words of condemnation are not a good way to start a statement.

if you were the president for a year in your country, how would you treat your country economic growth what will be your plans as the supervisor over the country and how would your economic budget look like.

To me, one thing about a nation's economy is not just in the hands of the president alone to solve; it requires the president to work hand in hand with others for easy policy implementation on how to tackle the economic wellbeing of a nation.

If I were to have presidential power (which I don't wish to), the first thing to do is to make sure all eligible policies that are already signed into law in the country but are not working based on some form of political interest start doing what they are meant to do. Another thing is to create employment opportunities where necessary, because increases in employment are associated with a corresponding reduction in a country's poverty rate. If a majority of a country's population has been moved out of poverty, there should be a higher tendency for a little positive economic change.

[Darker45]

I think economics is more of a by-product than a specific task. If my dream for my country as a president is to strengthen its economy, I'll have to do a whole lot of tasks, even ones not directly related to economics but equally as important.

For example, I'll have to make sure the business environment is friendly. That means removing red tape, eradicating corruption, providing tax incentives to investors, and so on. That would also mean building dependable infrastructures like roads, ports, airports, internet connection, and others. It also means preparing your labor force to be dependable and effective workers. It even means there's peace and order in your place.

Jobs are basically created by the private sector, the investors. And no investor will come to a place where cars don't move because of heavy traffic, where criminals are robbing banks day and night, where the labor force are weak and lazy, where internet is extremely poor and communication signals are nonexistent, where access is difficult, where grease money is needed every step of the way, and so on and so forth.

[Poker Player]

In my case, what I would do is to remove as many barriers as possible to let the private sector create economic growth, and this boils down to administrative simplification, reduction of public spending and lower taxes.

That would also mean building dependable infrastructures like roads, ports, airports, internet connection, and others. It also means preparing your labor force to be dependable and effective workers. It even means there's peace and order in your place.

Jobs are basically created by the private sector, the investors. And no investor will come to a place where cars don't move because of heavy traffic, where criminals are robbing banks day and night, where the labor force are weak and lazy, where internet is extremely poor and communication signals are nonexistent, where access is difficult, where grease money is needed every step of the way, and so on and so forth.

I agree with this if you are referring to doing it through bids so that private companies compete and the best offer is the one that will be in charge of doing it.

[adaseb]

Honestly I would not want to be in charge of this issue because being from Canada we are screwed when it comes to monetary policy with the massive amount of debt we have and high cost of living.

Inflation is crazy high, employment is tight. We need to raise rates but it seems like 1 or 2 more hikes and something is going to pop and we will end up in a depression type of era. Way too many people are in debt and they used their house to borrow money with lines of credit. Or they are boomers who have no retirement funds except their house which is going to start to lose money.

[YUriy1991]

To me, one thing about a nation's economy is not just in the hands of the president alone to solve; it requires the president to work hand in hand with others for easy policy implementation on how to tackle the economic wellbeing of a nation.

If I were to have presidential power (which I don't wish to), the first thing to do is to make sure all eligible policies that are already signed into law in the country but are not working based on some form of political interest start doing what they are meant to do. Another thing is to create employment opportunities where necessary, because increases in employment are associated with a corresponding reduction in a country's poverty rate. If a majority of a country's population has been moved out of poverty, there should be a higher tendency for a little positive economic change.

Indeed it is not as easy as turning the palm of the hand. As the president of a country, shaping and managing the nation's economic growth will be a very important responsibility and the economic challenges in each country are unique. Here I try to outline some important points to consider in approaching economic growth and budget planning Admittedly or not economic policy requires careful analysis and consideration of various factors, and the following points should be seen as a starting point.

Balancing economic growth with social welfare. Recognizing that economic growth is important, economic growth must not come at the expense of social welfare in terms of policies that prioritize income redistribution, poverty alleviation, and social safety nets to ensure that the benefits of growth are shared fairly among all segments of society.

Encouraging international trade and investment and engaging in international trade and attracting foreign direct investment (FDI) can stimulate economic growth with a note that being able to manage external dependence means that not 100% dependence on foreign investment, trade or debt can make a country vulnerable to external influences. The government here must be able to advocate for policies that prioritize domestic industry, promote self-sufficiency, and develop resilience to global economic shocks and Increased fiscal responsibility and transparency where well-managed fiscal policy is essential for economic stability and growth.

Yes. The government carries out the people's mandate starting from effective budget planning, and transparent governance so as to create an environment of trust, attract investment, and ensure optimal allocation of resources, for example seeking skills development with education and training where an educated and skilled workforce is an important asset for economic growth in a country.

[Helena Yu]

Macro economy is really a big matter, even you have a great idea to reduce poverty, inflation etc, your idea will affect other sectors.

Yeah we can become a transparent and good president, but you shouldn't forget you have a chance to get death threat from someone who're like to play dirty games. Can you accept it? everyday getting a death threat and if you not have a strong mental, you will not able to stand up to fight against them.

[irhact]

The reason why I bought this topic is sometimes we merely talk about the future economic systems maybe we could just outline some key points on how you would rule your country in the future of the ecosystem.
Note this!!!!
Sometimes dreams do come to pass☑️

We're having a discussion here so I won't consider the topic shit, maybe individually we can't be president of our country but someone here might produce a president from their family and if the ideas we discuss here sounded great to the person they might advise the president based on issues we discussed here so the thread would had served its purpose and lets not dream small, becoming a president can be done by anyone.

If I had the power of the president, only a year won't be enough to better the economy of the nation but I'll start with signing some bills that'll attract foreign investors into the country and make those already there feel at home with no taxes bill to increase job creation.

[Majestic-milf]

To me, one thing about a nation's economy is not just in the hands of the president alone to solve; it requires the president to work hand in hand with others for easy policy implementation on how to tackle the economic wellbeing of a nation

The question here is, will some Presidents be willing to do that? Where I come from, changing the economy for the better seems like a future impossible tense and instead of making policies that would better the nation, you wake to hear news that dampens the heart of the poor masses. Imagine increasing the minimum wage of the highly placed individuals while the common man is struggling with a miserly sum.
 If I were to find myself in a presidential role, I'd make sure I wipe my cabinet of the corrupt officials who are more invested in lining their pockets than the betterment of the nation.

[someone703]

There is a truth that I really appreciate about the fact that poverty comes from the cause of narrow selfishness, not wanting to share material things, not wanting to share knowledge, not wanting to share spirit, not wanting to share. health,...So look at the root cause of it to solve the problem, not solve the problems that are happening in front of you. I can say that the fact that we try to get out of poverty or become rich is just getting rid of common social stereotypes, which I find funny is the fact that the self-aggrandizement factor in In competition, from individuals to organizations or a country, we really live under the same roof of the earth but we are still not alert enough to beat each other.

[Learn Bitcoin]

It's not easy how easily you have asked the questions. It's not a snap of a finger. It depends on your skills and your knowledge about the economy and many other things. Otherwise, you have to rely solely on absurd ministers who always suggest some bills that don't make any changes. I don't have enough skills to improve my country's economy. I don't know how much money we get from exporting our product, I don't know about reserves. But the first thing I must do is; maintain a good relationship with the neighboring country. Take some facility from them and give some opportunity to them as well. Digitalize every sector where everything will be accessible to the people.

[davis196]

1.Achieving a balanced budget(no budget deficits). I don't mind raising the corporate tax and the dividend tax(they are very low where I live).
2.Trying to lower the level of government debt as mush as possible.
3.Reducing the bureaucracy and all the administrative BS around the private sector.
4.Reducing the budgets of the police and the judicial system below 2% of my country's GDP.
5.I want to fire around 50 000 government clerks. There are way too many government clerks in my country.
6.A big reform in the healthcare and the education system, but this is a very long story.
7.More investments in science and innovation.
8.No money printing by the central bank. I know that the central banks are kinda independent from the governments, but I think that the central bank should be kept under strict control by the parliament.

[Lucius]

So if I were president in my country, I wouldn't be able to do anything meaningful because the president doesn't have the powers that could affect the economy. For that I would have to be prime minister, and in order to make some changes I would have to have a team of professional and honest people around me.

I think one of the biggest problems that every government needs to solve is corruption and bribery within politics itself, and for that politics should cease to be a business, instead of working for the benefit of its own country.

The first thing I would do is increase wages for those who work the hardest/most dangerous jobs and fight poverty by all means necessary. Then I would introduce mandatory education for all children in terms of all addictions (cigarettes, alcohol, drugs, gambling) which would have an effect on their health in the future and generally reduce health costs.

Of course, there is a whole spectrum of measures that could be done to improve people's lives, and as I have already written I would start from the bottom up, because those who have a lot of money can take care of themselves anyway.

[michellee]

Being president for one year can't change many things, especially if your country's territory is very large and your country is under developing countries. And even though your country is developing, one year is not enough time to fix everything, especially if all government members are still corrupt.

Maybe it's the corruption issue I'll tackle first because it's rooted for a long time and not easy to remove. And it needs more officers who are honest and clean at work so that I as president, can rely on them. And after arresting them, perhaps the judge could sentence them to life and take all their possessions until they have nothing left or leave little money for the family to survive.

I'm not sure things will change in the next year, especially if there are still many irregularities within the government and corrupt officials. And one year would not be enough to fix a system full of corrupt officials. Maybe 5 years won't be enough as long as the corrupt officers are left alone and there are no heavy sanctions for those who commit corruption.

[Davidvictorson]

The reason why I bought this topic is because of the matter arising today in the economic system, I no maybe this topic may sound like shit or may never come to pass, but let's keep that aside the way cost prices are now in some countries is like hell, so I am still asking if you were the president for a year in your country, how would you treat your country economic growth what will be your plans as the supervisor over the country and how would your economic budget look like.
The reason why I bought this topic is sometimes we merely talk about the future economic systems maybe we could just outline some key points on how you would rule your country in the future of the ecosystem.
Note this!!!!
Sometimes dreams do come to pass☑️

If I were president of my nation, I would prioritize businesses, tourism, employment, education, and healthcare. To encourage businesses to create jobs, I would decrease taxes and regulations. To aid jobless people in finding employment, I would also put training programs into place. Instead of focusing primarily on health insurance, I would emphasize free market options to assure inexpensive access to healthcare in connection to tackling the nation's healthcare crisis. In the field of education, I would work to increase the efficacy of the educational system by changing it to better accommodate technological changes. Given how stunning my nation is, I would also concentrate on developing tourism there to strengthen its economy.

[Marykeller]

If I were to become president of my country, I would first try to understand how the poor masses are being affected and then figure out how to address that problem by giving young people access to jobs and that will in return lower the unemployment rate in the country significantly. I'll also use the revenue from our natural resources to create necessities and establish a committee to check on every state governor's performance and how the funds granted to them are being used in the states where they act as governor. 

[Litzki1990]

If I get the responsibility of the country's president for one year, the first thing I will do is change the traffic system of my country. Because the traffic system of my country is not very good. People often disobey traffic laws. I will make some restrictions so that people are forced to obey traffic laws. Then I will try to improve the roads. Because the economic development of a country depends a lot on the roads of that country. A lot of money is lost every year due to traffic jams and bad roads. In order to develop the economy of a country, traffic and roads should be focused first. A year is not a very long time. It is possible to plan a lot in a year but it is very difficult to implement the tasks according to that plan.

[Gyfts]

Realistically there'd be two things I'd do:

Starting off by dissolving central banks would be the immediate course of action. Unfortunately they are so heavily centralized and embedded in the modern economy that it'd would be impossible to remove them outright, so you would need to start with limiting the power of central banks. Setting reserve requirements, controlling interest rates, banking regulations and such, would all need to be taken back to the legislature instead of appointing executives to handle these matters by the President which is how most countries handle central banks. Doing so would take fiscal matters and make them more controllable by the constituency.

Second, limiting money printing and capping it at some proportion relative to nominal GDP. What this exact figure is could be worked out by the legislature, but it must be abided by.

[CODE200]

In my case, what I would do is to remove as many barriers as possible to let the private sector create economic growth, and this boils down to administrative simplification, reduction of public spending and lower taxes.

Just so you know, when the private sector is more involved in the economy of a country, the more their influence gets bigger because they hold the infrastructures, look at Amazon, they can lay off people in a certain state that didn't do any favor for their growth, that's what's going to happen to a country that has close to no barriers with economy relations with a private sector. Another big example would be the Banana Republics back in the 50s or 60s, these countries were practically controlled by the private companies. Most people who have commented their insights didn't consider that the things they want to add or remove can be a catalyst for cataclysmic economic ruin, you can't just remove banks or do what the majority wants, there is a plan and it needs to be able to do the greatest good so if I became a president, I would just probably lobby to create more jobs, bully corporations to pay their fair share and suppress if not remove the ability of the 1% to avoid taxes.

[Agbe]

In any ecoonomy, there are two elements to deal with and which are: micro economics and macro economics deficiencies. The micro economics deficiencies bare the economic problem within the country which no government has not able to solve in their various countries. Now these micro economics problems are extended to the macro economics deficiencies in the whole world. So if I becomes a president in my country, I will first deal with the micro economics deficiencies before any other things. And the first thing I would have done is the development of HUMAN CAPITAL. Once I develop the capitals of the citizens, then other economic factors have already been deal with. Then the second thing I would do is infrastructure. Building of school houses, with great technological equipment, roads, hospital with great equipment, and industries, plus Refinaries etc. And finally welcome any great technology that has a potential important to the growth of the economy like cryptocurrency.