Federal Reserve Chairman Ben Bernanke said on Tuesday that the worst U.S. recession since the Great Depression was probably over, but the recovery would be slow and it would take time to create new jobs. http://www.reuters.com/article/newsOne/idUSN1433952620090915The recession may be over from a statistical analysis, but unfortunately Americans are still feeling its repercussions. The mood in the country is somber as more Americans are worrying will they have a job, or how are they going to meet their mortgage payment. The relief that was promised at the beginning of the year all seems to go to bailing out the auto companies and major financial institutions. More needs to be done to help small businesses who employ almost seventy five percent of the American workforce. Once small business feels secure only then will growth begin to happen.
No comments:
Post a Comment