Jobs in coming year 2009!!
December 25th 2008 19:41
The president-elect Sen. Barack Obama has been talking about a financial stimulus package to help the economy get back on its feet over the past several weeks. I will do my best to quickly clarify it he recently revealed a key element of this package, a massive undertaking of the federal government the form of a public works program that will rival the construction of the interstate highway system back in the 50s. The thinking is pretty simple-a total investment of approximately $140 billion would be used to repair this crumbling infrastructure of roads, schools as well as government buildings, thereby creating jobs for millions of people. Additionally, these buildings will be retrofitted for energy efficiency, thereby reducing energy costs and in theory making us more competitive on the world stage.
Now everyday is challenging because In November 2008, the American economy lost over 500,000 jobs, driving unemployment to a 14-year high of almost 7%. The loss of jobs has a trickle-down effect on the economy so even if you are self-employed, you are likely to see reduction in sales as disposable income declines. Obviously these are bleak times, and require decisive action-not only on the part of the federal government, but on the part of each and every one of us ourselves.
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