Reflection on Economic Recovery: It’s Not About Jobs
Given the dismal employment numbers announced yesterday, and some in the media’s heavy tone in reporting them, it feels appropriate to reflect on the theme of economic recovery and jobs.
Given the dismal employment numbers announced yesterday, and some in the media’s heavy tone in reporting them, it feels appropriate to reflect on the theme of economic recovery and jobs.
Jobs. Depending on how you count, the challenge is 7 to 10 million net new jobs in the United States over the next 5 years or so from a current base of about 130 million. A five to seven percent increase, the sooner the better. Here’s how.
And so here we are in the summer of 2011 paying the high price for our lack of collective caution with a deleveraging and over-indebtedness that threatens the stability of the modern world. The growing debt crisis in Europe, the dysfunctional U.S. leadership, the tightening of Congressional purse strings—in a time when credit and capital are already anemic—all confirm that the pre-2008 market euphoria is not coming back anytime soon. We could view it as the end. And hopefully it is the end of a reckless disregard for the unintended consequences of our actions. Yet at every end, there is also new beginning.
Available Now on Ebook and Bookstores!
“Conversations with Wall Street: The Inside Story of the Financial Armageddon and How to Prevent the Next One”
Headlines are screaming the days’ news regarding the financial crisis, but this book takes you inside them! Hear firsthand observations from Wall Street insiders and find out what went wrong and how to prevent another crisis!
The recent Small Business Jobs and Credit Act was shot down with filibuster assault rifles by the entire Republican Senate. Even one of the Republican authors of the small business bill Olympia Snowe, moderate Senator from Maine, voted “No.” Guys and Gals, while you are fighting amongst yourselves for power and privilege, Small Business America is sinking like the Titanic!
Follow Us!
By OBREAKSTS penny stocks to watch