An imperative need has arisen to provide a Constructive push to the President Bush. American population, Corporate units, Expatriates and all nations with their currency related to US $, are not happy in the current $ dipping situation. Even the currencies of poor nations are galloping upward in $ parity, because they are linked to Euro. This is due to USA's approach to control other nations in the world,through unilateral Army power,tie up of domestic markets towards USA, and Pumping wealth from developed nations. A Notional Balance sheet of USA, balances only with a Loss to the Assets(Debit). This off-setting entry is a miscellaneous loss expense entry,in the Profit making US Income Statement. As a Prime Developed Nation USA alone can perform the role of fighting threat to the world, lead the poor nations toward a free and democratic society, as announced by President Bush. Bush is correct. But only the current methodology and approach require a revised outlook. An Algebraic Model of the author infers that Productivity of the assisted nations should be with reference to their internal Socio-Economic development target units, Pumping money and strengthening the defense of the assisted nation only increase their everlasting liability. Strengthen their Intangible moral values hand in hand with the Wealth formation. A Geometric Bi-circular Model of the author leads to the direction that an Endogenous methodology is to introduce the latest technology (moderated to the local conditions) for domestic Techno- Commercial upgrade; and train the domestic Manpower of the assisted nation to utilise them. An Exogenous tool is to start the basic infrastructure building from assisted resources (USA, Other nations,UN,WB,IMF etc..). But soon work to develop Domestic savings to Domestic investment for Self-Confidence/Reliance. These will lead USA towards a more Prosperous/Practical Inter national leader to protect theWorld in the current and future millenniums. The recent study conducted by Joseph Stiglitz, a Columbia University professor (Nobel Laureate of Economics in 2001), and Linda Blimes, a Harvard University researcher and budget expert,on Bush's foreign actions support the inferences in this paper(Source:http://www.drvsrs.com/sedsgo.htm)
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Paper provided by EconWPA in its series Public Economics with number
0502010.
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