Friday, October 28, 2011

A perfect union?

plently of americans can say they are displeased with the united states national government. i hear people talking about how corrupt our government is at times. i personally believe the national government is far from perfect. we often times have presidents who propose new solutions to american citizens for all our problems. then they put a bill in for congress to decide whether or not to vote on it to pass as a law. this has been the way its done for numerous years. congress always seem to come up with solutions that tend to cost lots of money. the national government is deep in debt for so many years yet the government keeps spending all this money we dont even have. not only this but all the citizens of the united states are being represented as whole under wealthy politicians who seem to only have money on their minds. we are american citizens even supposed to take the national government seriously if all they really care about is keeping the public happy by giving them whatever they want to?

Friday, October 14, 2011

Is Moody's Economist reliable?

The authors intended audience has to be American citizens who are looking for jobs. Their credibility is pretty good because they give direct links on reliable political websites to who they are talking about and what Republicans plan on doing. The blog also quote a person who works is the director of the macroeconomics at Moody's Analytic which is a credit rating agency that performs financial research on government entities. What their argument is basically that the "Jobs Through Growth Acts" proposal won't help at all and will only make the American public just feel like secure that something is trying to be done about the economy. Not only that but that will not help, but in the long run will hurt the economy and enter yet another recession. They don't really have much evidence to this argument; they are simply predicting what would happen.

Friday, September 16, 2011

Back To Square One

With negative influences such as tax increases, budget cuts, and regulatory acts from the U.S. government, many citizens of the United States are being affected drastically. It has been stressed lately that we might just be heading into a recession since it seems like the economy is not growing anymore. With budget cuts means that plenty of people were laid off this year from their jobs and now are currently unemployed. More people are forced to get jobs that pay lower than what they had before which makes our whole economy messed up since everyone will eventually be a budget. If the employment rate number increases, the Federal Reserve might be given a reason to act. Discussed an article on Time, “…the policy makers at the U.S. central bank are on the fence about whether they should have a new round of bond buying that could lower interest rates and boost the economy.” If this problem of “widespread joblessness” doesn't seem to get better, our government will be unstable and event everyone throughout the nation.