Sunday, November 6, 2011

The state of the US Economy

   Our Economy is in a state of a stand still meaning there is no money to be made because the little people are unable to make money. With unemployment rates being at 9.0% ,where are the job. When I speak on the little people I am speaking on the middle class, it is like our  government is trying to get rid of the middle class and have only rich and poor.The President is limited on what he can do because if the republicans don't like the bills , he is trying to pass they just vote against it no matter what it may do for the economy.With the holidays coming up a lot of people are trying to figure out if they can afford gifts and even to have a big thanksgiving dinner and let alone figure out if they will have a job tomorrow.
   The people who are being hit the hardest by this struggling US economy are the senior citizen . They are losing job left and right, there are about 2 million elderly unemployed . The ones who are employed can't afford to retire. Most of them can't afford health care because of the price of health care, which mean they can't afford to go to the hospital. That a shame they work hard all their life to continue to work until they die.
   It is not just our economy suffering . The whole worlds economy is suffering. For example in Europe, Greece is threating to be out of the Euro zone. China is also suffering due to the troubles in Europe. What about the contries with rapidly growing populations like India ? How can they afford to feed how those people?
   The people of this world can't stand for this any longer, recently we have been seeing student protest for example Occupy Wall Street. These student protest the unqualiness of federal cooperations with the slogan "We are the 99% ". These are people with masters degree who can't find jobs. This organization is popping up all over the world . Now is it worth paying for a higher education when you can't even find a good job to put it in use at.
     I believe we should take back the right of our government . Isn't that what suppose to make us a Democracy. The Preamble say" We the people of the United states", but it is starting to look like we the cooperations of the Unites States. Is it so bad that we have a middle class or are they cutting into the cooperations money. We  have to take care of the elders because if we dont this cycle could continue then the oldest you will get in this country will be 65. We have to fix this or we will repeat our history of " The Great Depression".

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