Thursday, December 23, 2010

Holiday Season Economy

This holiday season may seem to have many problems. But we don't have to let it be that way. Our economy is slow and job growth is not what it should be at.  Our elected officials are trying their best, in what they think, would work for all of us. It is the People who gives ideas to the elected officials to help create a better economic growth and not just what they think!
Job creation has many factors to be looked at and to what type of employment will suit the people.  Some jobs will be taken away and some jobs will remain the same. Others jobs will be replaced to a new type of employment. (The key is to stop job loss in the next six months)
This is what we need to help our economy! So how do we create new jobs without lossing more? We create jobs that will meet our new supply and demand quotas and have new job sector areas in position to fulfil these requirements. For now we need the monetary currency to stabilize in value and more cash flow  into the economy. (A slow introduction of an extra cash flow not to bring upon inflation too early in recovery) To do this we need more work force than what the amount we have now. The present work force can only contribute the neccessary tax flow for both the Federal and State Governments demands of the tax revenues they need at present moment. [Tax cuts work in the short time frame and not for the long haul]
Simply to add about 300,000 jobs in the next few months would increase the tax revenues and would increase more money into the economy! But time will not grant us the opportunity at this moment of time. It would require about six months to have another 300,000 people employed. Another slow progress to recovery!
The present monthly rate of the job loss is about that number.  So that is why we need to stop the job loss!  Then we can gain in employment and tax revenues.
Another factor that hinders economic growth is the cost of transportation fuel. Crude Oil has gain more than the job growth!  The fluctuations of the market is causing the up and downs of Crude Oil prices.  Which in turns affect the economy as a whole. People are spending less as the price of gasoline goes up on a daily and weekly event. ( A freeze or cap should be in placed on the price)
It is not that the suppy and demand for gasoline that makes the price differences, but  the Stock Market speculations which seems to manipulate the price of Crude Oil.  These speculations cause  price variances of gasoline and the buying power of the consumers.
So what do we do?