
Hiring slows and unemployme
nt rises and one of the major causes is weak consumer spending. Could it be that since, business and consumers are interdependent and this is a consumer based economy, we have concentrated to much on the business sector, of which a large portion is legalized gambling and not enough on raising consumers purchasing power, which was barely enough to save the economy. Consumers need to be leading the economy. Notice that it has been the Republicans that are anti-consumers and dragging down the US Economy.
The job market is recovering but there are many bumps in the road. Too many jobs have sent to other countries and republicans' budget cuts have made things worse. But president is working on bringing back jobs from overseas.
http://www.digitalundivide.com
http://seekingadventurequest.blogspot.com/
http://www.youtube.com/watch?v=ZixCUSzKBJA
Read the Article at HuffingtonPost
No comments:
Post a Comment