Our economical damage is caused by something that the people are in need of, employment. There are millions of people who are unemployed and are in desperate need to work and get paid. Unemployment has caused people to act in drastic measures, “desperate times calls for desperate needs” this is something that the mass has in their mind when they don’t know what to do. The choices people take on affect them and the economy. Some can’t afford to pay their rent/mortgage anymore because they are unemployed. If people aren’t paying or working to get paid then the money is not being regulated leaving the economy frozen. It seems as though people are becoming more confident to spend money now and are using their money instead of saving it. Unemployment in my opinion has the most affect on teenagers and college students who just graduated.
With no way for students to get money to pay for their expenses and college tuition, they ask for loans, which they later become in debt. You see, everything is like a domino effect. There is war which pleads for billions of dollars, we go in debt, there is no money for schools, budget cuts, less jobs, prices go up, it’s a disaster. We need to create new jobs, President Barack Obama created jobs for thousands of people to help with the census. We should continue to find different ways to assemble new jobs for those who are unemployed. There must be a way we can help our economy be better, the question is how? Who? And when? Overall if we get people to start working I believe it will get the economy up and running perfectly again.
Katherine – Your opening paragraph sounds very similar to the issue of scarcity in economics. Your last statement of the first paragraph should be your opening statement for a new paragraph. Would addressing our energy policy create new jobs in this country? In other words, if our country were to shift our energy needs towards “green energy” (ie. solar, wind), then would this create thousands of jobs to help address our nations demand of foreign oil? Also, for your argument concerning education cuts, isn’t higher education considered an investment? Why are future students reluctant to take loans to pay for college? What do you think? Perhaps President Obama could follow in the footsteps of FDR and create a program similar to the New Deal Public Works program the CCC. Just some things to think about. Proofread your work, but this is a good start. Content 5; Organization 5; Total 30/36.
ReplyDelete