Unemployment – we are going through tough times because of our economy and this forces people to move because we are running out of jobs. There are not enough jobs to go around for everyone and when that happens people can not buy stuff. When the unemployment rate gets high it’s a problem for the whole country. Now that everyone is losing their jobs they are getting to the point of they can’t afford their needs and wants. Even more jobs are being lost because people are losing business and people can’t afford their items.
“There have also been periods when the economy did not grow. In some ways tracing the growth of the us economy is like following the path of a rollercoaster. Sometimes the economy zooms to great heights of prosperity. At other times many workers cannot find work and factories are idle. Periods of above average business activity are called booms. Brief and small declines in business activity are known as recessions. Lengthy and large drops are called depression. During a boom total production and employment rise. Consumer demand for goods and services increases and companies invest in new equipment that will increase production. But production cannot always keep up with consumer spending during a boom.” cite source
Currently the unemployment rate in the US is alarmingly high. To counteract this, along with other problems, President Obama is urging Congress to pass an $825 billion economic stimulus package. This package includes tax cuts, emergency benefits, and public spending projects. In 2008 millions of Americans lost their jobs, disrupting their families, putting many of their dreams on hold.
A example of this is Obama’s stimulus package. Machines are over running economy and an example of this is the automatic checkouts at supper wal-mart.