A new article from Fox News says that President-Elect Barack Obama has declared the country is facing a huge economic crisis of historical proportions. Perhaps it is, or perhaps it is not.
Obama has outlined a plan to create nearly 2.5 million new jobs to rebuild the infrastructure of this country along with developing new energy sources and producing better, more efficient cars.
That is all well and good, but how about actually treating the disease, not the symptom? Maybe, as opposed to creating those jobs to prevent others from becoming unemployed as the economy crashes even further, Obama should actually fix the economy.
Some pundits compare this crisis to the Great Depression but others call it a recession, so who knows? It may actually get to be that bad. If it does, we as a nation are in big trouble. Those of us that are college undergrads may find ourselves with no job prospects when we graduate. In
If our nation gets that bad it won’t just be college grads that are out of a job. It will also affect a lot of other people, such as Joe the CEO, Joe the Plumber, and Joe Six-Pack just to name a few.
I think that Obama’s idea to create new jobs will help the economic crisis, but will not cure it. For that to happen, the nation, both the citizenry and the government, needs to spend less and save more, which hopefully, will fix the economy and its many problems. Good luck getting the nation to do that, Mr. President.
A link to the original article is below: (The article actually has several typos and/or grammar errors.)