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How do we end the Great Recession? |
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Written by Christopher D Graham
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Thursday, 29 April 2010 13:12 |
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Just like Real Estate has Location, Location, Location, the US economy has the same: Jobs, Jobs, Jobs. The way out of this great recession is JOBS.
1. Jobs - Creating Jobs get people back to work, who will then be able to spend money on goods and services. Over 2/3 of the US economy is consumer spending driven.
2. Jobs - Means a lower unemployment rate which builds confidence and gets people who are already employed spending money.
3. Jobs - Lower the business losses since employed people can pay their bills; power, water, rent, mortgage, food, credit cards.
If business could look at the bigger picture they would see that hiring is a great thing for the economy as well as themselves.
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