I want to discuss the reasons I have found which have kept the unemployment rate up.
We are now in a recession and our economy is trying to make its way back to the top. What has happened is that our economy collapsed causing many businesses to go bankrupt, forcing them to lay off an outstanding amount of workers. This provided them with extra money to build their business back up. However, businesses are afraid to provide jobs, pay those employees, and lose even more money than they started out with. This is due to the delay in response from Congress. The Obama Administration and the Democratic Congress have chosen not to act on keeping taxes low or letting them rise after the Bush tax cuts expire at the end of the year. This decision, or lack thereof, explains my point of what’s causing the businesses to not hire anybody. They don’t know if they will actually have the money to do hiring and business expansion.
So I have found that the Democrats are actually holding the economy at a standstill by not saying what will happen. Businesses have to do their planning a few years out and need to know what they are looking at to make intelligent decisions, but if they are kept in the dark as to what to expect from their government then they have no confidence to move forward. With such risk taking moves businesses could really crumble.
Now that I have discussed these issues, you understand why unemployment transpired. From here, I will begin to view the outlooks on unemployment from the the perspectives of the United States' two main political parties. Through this, and other research, my goal is to find what solutions each party plans to announce as the end to unemployment and then decide what my view on this issue is.
Now that I have discussed these issues, you understand why unemployment transpired. From here, I will begin to view the outlooks on unemployment from the the perspectives of the United States' two main political parties. Through this, and other research, my goal is to find what solutions each party plans to announce as the end to unemployment and then decide what my view on this issue is.

You make alot of great points. As one who was once employed and now am "unemployed" I empathize for those that once had their jobs and no longer do. As a college student I am very concerned with my future and finding a job after I graduate.
ReplyDeleteI am excited to see where this blog will go. Great work!