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.