Where US economic and foreign policies are taking the country

For any and every problem there seems to be only one solution and thats throwing more money on the problem without much strings attached, without much regulations, checks and balances. Whether its an economic problem or terrorism or foreign relation, all have the same approach. Giving stimulus package to the people to spend more money by the Bush admin which in turn went to the Chinese via Wall Mart to boost the Chinese industry more than the US domestic industry. I suppose giving a tax rebate to the US companies for 3 yrs would have helped more. With the tax rebate they would have able to lower the prices and make the goods more affordable in comparison to the competitors. Investing in low cost production centers to reduce cost. Investing more in Education, Research, Energy and Health Care instead of Defense, Arms and never ending War. The Chinese bought the US and Fed Govt Bonds, Gold, Oil and Muni's with the tax paid by these very companies which benefited from the stimulus given by China to its companies. Instead wouldn't it be better to extend the duration of the Mortgage loans and Lower the interest rate to make the Mortgage EMIs more affordable to avoid defaulting. Enforce Huge penalties for defaulting or foreclosures on banks and homeowners so that both avoid it. Disallowing any foreclosure if the difference/loss is less than 25% in value. People who surrender their property to the banks cannot avail any financial help from the govt or any credit from banks for the next 10 yrs. 1-2 Yrs of exemption in the mortgage payments for people who loose jobs but still want to retain their homes. Buying bad mortgage securities from the banks. Promote reverse mortgages for people above 50 Yrs of age. No one would like to leave the only shelter they have. Companies firing people have to pay atleast 6-9 months salary to the employees before giving a pink slip. Force a 20-33% salary cut to all. 100% Tax on bonuses. Only who refuses to accept a pay cut should be given a pink slip. To progress as a country the people should know how to invest in themselves and the society in which they live. To invest you must work hard and smart to earn and save by spending on necessities and not performing excesses and wastages. Govt should invest more in public transport then bailing out car manufacturers. Travel-Pools should be promoted. The New York skyline is always lit (wastage of electricity by corporates). One should encourage heavy tax on travel and tourism, luxuries, drinks and tobacco industry causing health problems to the US citizens. Today in the global economy there is no rollback and only going forward. You can sell only whats in demand and that you can produce at the lowest cost without compromising on quality. All big is not always good, use the right size for the right job to be sustainable. US is doing good in jobs that can be automated but not when it comes to personalized services or products. To be competitive in todays world you have to provide the best products / services at the lowest cost. Monopolies don't prevail for long. Every new Innovation can be immitated with time. So the US cannot avoid IT outsourcing to Indian companies and Chinese products. So the policy is to "do the best" that "you can do the best" and the US is not the best in either. They are best in innovation. Spending money blindly on wrong-ups or false allies like Pakistan who don't work but only pretend to work for the US leads to more problems and does not solve any problem. US should invest in right relations and know who are their real allies are. Do the right job with the right tools at the right place at the right cost. Learn to serve others to come up as a society.