Since August is over and a new month has begun, new statistics are up. A main concern is about jobs, financial problems, and stocks. The Government has reported that there was no job growth in august. The labor department says employers didn't add or eliminate jobs last month. Palin, Huntsman, Bachmann, Romney, and Obama each have their own job creation plans about how to boost economic growth and job creation. Most Republicans "call for major reforms of the tax and regulatory systems that proponents say will ease the burden on businesses, allowing them to increase investment and hire more people". There is a lot of concern about the US economy slipping back into a recession. Financial problems are so dire, even the postal service is in danger. On September 30, the US Postal Service has to pay $5.5 billion to a retiree health care trust fund. Post offices may close down and/or we might not get mail as often- maybe five days a week. Not only are there job and financial problems, stocks have also dropped. Stocks all over the world are dropping because of debt concerns. A tough cycle is coming about. "When employment drops, incomes fall. When income falls, sales fall. When sales fall, production falls. When production falls, employment falls ". This week Obama will be proposing a job plan and hopefully we will not only get out of the tough cycle but also see a growth in jobs.
My source for this was cnn.
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